REMIC AND UCC EXPLAINED BY “SUI JURIS 249″
Securitization consists of a four way amalgamation. It is partly 1) a refinancing with a pledge of assets, 2) a sale of assets, 3) an issuance and sale or registered securities which can be traded publicly, and 4) the establishment of a trust managed by third party managers. ... By Dave Krieger. ... “When Ramsey … ................
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