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Real Estate Mortgage Investment Conduit, or REMIC, is a United States investment-grade mortgage security that separates mortgage pools into different maturity and risk classes.
We've railed against the "REIC" for years - our term for the "Real Estate Industrial Complex" composed of the incestuous and corrupt cabal of realtors, mortgage brokers, appraisers, title agents, homebuilders, lenders, home supply & furnishing retailers, housing cheerleading media, illegals alien labor, investment bankers and a few more.
DLF Ltd, one of India’s largest real-estate developers, will begin its much anticipated pre-initial public offering (IPO) roadshow during the last week of May.The IPO of DLF’s shares is slated for the second week of June, said investment bankers involved in the offer. The company plans to sell 175 million shares......
Private-equity group Apollo Investment agreed to buy real-estate brokerage group Realogy for about $6.6 billion, continuing a booming trend of private investment in publicly traded real estate firms.Realogy, parent company of Century 21 and Coldwell Banker, is the world's largest real-estate franchiser and has a role in one out of every four re