The Role of REMICs in the Mortgage Industry

When it comes to understanding the complexities of the mortgage industry, Real Estate Mortgage Investment Conduits (REMICs) play a vital yet often overlooked role. For California homebuyers navigating the path to homeownership, knowing how REMICs function can provide valuable insight into the housing finance system that supports your potential home loan. What Are REMICs? REMICs,…