Real Estate Mortgage Investment Conduits (REMICs) create customized structuring of mortgage pass-through securities to redistribute cash flows and cater to a variety of market demands. Mortgage-backed securities are broken into different classes called tranches, which direct principal and interest to predetermined groups of investors. Freddie Mac offers a variety of REMIC products. In addition, Freddie Mac works closely with dealers and investors to customize REMIC structures to meet the needs of investors.
- REMIC Product Overview
- Reference REMIC Product Overview
- Guaranteed Maturity Securities (GMC) Product Overview
- Stripped Giant Certificates (Strips) Product Overview
- REMIC Product Glossary
- Payment Calculations