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29 Jul 2011, 5:23 pm by Mandelman
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]
5 Jan 2008, 2:12 pm
as “…a depraved evil sociopathic neocon…beast pretending he loves his clients merely to get into their wallets. [read post]