Real Estate Mortgage Investment Conduit Stocks List
Symbol | Grade | Name | % Change | |
---|---|---|---|---|
OZ | C | Belpointe PREP, LLC | -0.35 | |
MTGP | D | WisdomTree Mortgage Plus Bond Fund | -0.69 | |
NYMTI | D | New York Mortgage Trust, Inc. - 9.125% Senior Notes Due 2029 | -0.59 | |
RITM | D | Rithm Capital Corp. | 0.00 | |
ACRE | D | Ares Commercial Real Estate Corporation | 0.59 | |
ARI | F | Apollo Commercial Real Estate Finance, Inc | -0.34 | |
NYMT | F | New York Mortgage Trust, Inc. | -1.02 | |
CMTG | F | Claros Mortgage Trust, Inc. | -0.29 |
Related Industries: Asset Management REIT - Diversified REIT - Mortgage REIT - Residential Real Estate - Development
Related ETFs - A few ETFs which own one or more of the above listed Real Estate Mortgage Investment Conduit stocks.
Symbol | Grade | Name | Weight | |
---|---|---|---|---|
REM | D | iShares Mortgage Real Estate Capped ETF | 36.59 | |
MVRL | C | ETRACS Monthly Pay 1.5X Leveraged Mortgage REIT ETN | 33.31 | |
MORT | C | Market Vectors Mortgage REIT Income ETF | 18.89 | |
DVDN | D | Kingsbarn Dividend Opportunity ETF | 15.08 | |
RINC | D | AXS Real Estate Income ETF | 13.51 |
Compare ETFs
- Real Estate Mortgage Investment Conduit
A real estate mortgage investment conduit (REMIC) is "an entity that holds a fixed pool of mortgages and issues multiple classes of interests in itself to investors" under U.S. Federal income tax law and is "treated like a partnership for Federal income tax purposes with its income passed through to its interest holders". REMICs are used for the pooling of mortgage loans and issuance of mortgage-backed securities and have been a key contributor to the success of the mortgage-backed securities market over the past several decades.The federal income taxation of REMICs is governed primarily under 26 U.S.C. §§ 860A–860G of Part IV of Subchapter M of Chapter 1 of Subtitle A of the Internal Revenue Code (26 U.S.C.). To qualify as a REMIC, an organization makes an "election" to do so by filing a Form 1066 with the Internal Revenue Service, and by meeting certain other requirements. They were introduced in 1987 as the typical vehicle for the securitization of residential mortgages in the United States.
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