Definitions for "REMIC"
Real Estate Mortgage Investment Conduit. An investment-grade mortgage bond that...
Real Estate Mortgage Investment Conduit (See Conduit).
A pass-through tax entity that can hold mortgages secured by any type of real property and 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.