Exam (elaborations)
Principles of Real Estate 2 Practice Test Containing 127 Questions with Definitive Solutions
- Course
- Institution
A type of SPV that holds commercial and residential mortgages in trust, assembles said mortgages into pools based on risk, and issues bonds (securities) on these pools to sell to investors in the secondary mortgage market is a(n): - Answer: Real Estate Mortgage Investment Conduit (REMIC)
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