FOLIO Ontology

Real Estate Mortgage Investment Conduits

IRI:
https://folio.openlegalstandard.org/R2onMwTMZoUkRrg2zZ9wKf
Preferred Label REMICs
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Definition

Real Estate Mortgage Investment Conduits (REMICs) are investment vehicles that hold commercial and residential mortgages and issue securities representing interests in these mortgages to investors. REMICs are structured to provide tax benefits and facilitate the securitization of mortgage loans, enhancing liquidity in the mortgage market.

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Additional Information

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