real property mortgage
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Real Estate Mortgage Investment Conduit — Real Estate Mortgage Investment Conduits, or REMICs, are a type of special purpose vehicle used for the pooling of mortgage loans and issuance of mortgage backed securities. They are defined under the United States Internal Revenue Code (Tax… … Wikipedia
real estate mortgage investment conduit — real estate mortgage investment con·duit / kän ˌdü ət, ˌdyü / n: remic Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. real … Law dictionary
real estate mortgage investment conduit — ( REMIC) The name of a type of mortgage backed pass through security. REMICs can take many forms. REMICs are typically multiclass securities. Unlike simple, non REMIC CMOs, REMICs can separate mortgage pools into different risk classes as well as … Financial and business terms
Real Estate Mortgage Investment Conduit — ( REMIC) A pass through tax entity that can hold mortgages secured by any type of real property and can issue multiple classes of ownership interests to investors in the form of pass through certificates, bonds, or other legal forms. A financing… … Financial and business terms
Income Property Mortgage — A loan given to an investor to purchase a residential or commercial rental property. Income property mortgages are typically much harder to qualify for and often require a borrower to include estimates of the rental income that will be received… … Investment dictionary
Mortgage (disambiguation) — Mortgage may refer to: Mortgage loan, a loan secured by a mortgage on real property Mortgage, a security interest on real property grant to a lender, as in mortgage law deed, the mortgage document Hypothec, a specie of encumbrance See also… … Wikipedia
mortgage note — A name used to describe a promissory note that is secured by an interest in real property. Mortgage notes generally, but not always, call for mostly regular, periodic payments of principal and interest. American Banker Glossary … Financial and business terms
mortgage — mort·gage 1 / mȯr gij/ n [Anglo French, from Old French, from mort dead (from Latin mortuus ) + gage security] 1 a: a conveyance of title to property that is given to secure an obligation (as a debt) and that is defeated upon payment or… … Law dictionary
Mortgage loan — Mortgage redirects here. For other uses, see Mortgage (disambiguation). Finance Financial markets … Wikipedia
Real estate appraisal — Real estate appraisal, property valuation or land valuation is the practice of developing an opinion of the value of real property, usually its Market Value. The need for appraisals arises from the heterogeneous nature of property as an… … Wikipedia
Real estate — Property lawReal estate is a legal term (in some jurisdictions, notably in the USA, United Kingdom, Canada, and Australia) that encompasses land along with anything permanently affixed to the land, such as buildings, specifically property that is … Wikipedia
