What does REMIC stand for?

What does REMIC stand for? real estate mortgage investment conduit The term real estate mortgage investment conduit (REMIC) refers to a special purpose vehicle (SPV) or debt instrument that pools mortgage loans together and issues mortgage-backed securities (MBS). What is the primary advantage of a REMIC? What is a primary Read more…

Can marshmallows be vegan?

Can marshmallows be vegan? First: Are Marshmallows Vegan? No, most store-bought marshmallows contain gelatin, which gives them that ooey-gooey consistency. Unfortunately, since it’s derived from animal protein, vegans (and vegetarians) should avoid it. You can now find vegan marshmallows at Trader Joe’s or a bag of Dandies on Amazon. What Read more…