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Glossary > R > "Real Estate Mortgage Investment Conduits - REMIC" Definition

Real Estate Mortgage Investment Conduits - REMIC

A complex pool of mortgage securities created for the purpose of acquiring collateral. This base is then divided into varying classes of securities backed by mortgages with different maturities and coupons.

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Real Estate Mortgage Investment Conduits - REMIC - A complex pool of mortgage securities created for the purpose of acquiring collateral. This base is then divided into varying classes of securities backed by mortgages with different maturities and coupons.

Real Estate Mortgage Investment Conduits - REMIC : a complex pool of mortgage securities created for the purpose of acquiring collateral. this base is then divided into varying classes of securities backed by mortgages with different maturities and coupons.