Category: REMICs

Remixing REMICS, or shake your booty

8 October, 2009 (11:09) | Capital markets, Innovations, Rating agencies, REMICs, Securitization, Subprime, US News |

By: David A. Smith   If no one wants your pile of booty, perhaps you should try shaking things up  At first blush, that appears to be the strategy behind the proposed remixing of Real Estate Mortgage Investment Conduits (REMICs), as presented in a recent Wall Street Journal article:   I’m gonna shake it up […]