A REMIC (Real Estate Mortgage Investment Conduit) is:

		A special type of mortgage backed security allowing interest to be passed through on a tax free basis
		A reference to the tax code and the concept that special purpose entities holding mortgage pools will not be subjected to tax at this entity level
		The common name used to describe the worst examples of mortgage backed securities issued, those generally considered the cause of the 2008 financial crisis.
		Simply another name for CMBS