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15 Oct 2011, 4:43 am
Okay, look… this article is long, I know. [read post]
29 Jul 2011, 5:23 pm
The type of trust used in conjunction with mortgage-backed securities is called a REMIC trust… it’s an acronym that stands for Real Estate Mortgage Investment Conduit… and there are strict rules imposed by both the Internal Revenue Code and the Pooling and Servicing Agreements that govern the transfer of loans into such trusts. [read post]
