Real Estate Mortgage Investment Conduit

What is a REMIC (Real Estate Mortgage Investment Conduit)?

What is a REMIC (Real Estate Mortgage Investment Conduit)?

A Real Estate Mortgage Investment Conduit, or REMIC, is an entity which is utilized to pool loans and issue mortgage backed securities (MBS), or commercial mortgage backed securities (CMBS). First authorized by the Tax Reform Act of 1986, REMICs can be organized in several different ways, including corporations, trusts, or partnerships.