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Finance > Real Estate Mortgage Investment Conduit (Remic)

The following information is about Real Estate Mortgage Investment Conduit (Remic).

Real Estate Mortgage Investment Conduit (Remic) Defined

A pass-through tax entity that can hold mortgages secured by any type of real property and can issue multiple classes of ownership interests to investors in the form of pass-through certificates, bonds, or other legal forms. A financing vehicle created under the Tax Reform Act of 1986.

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