Remic

New York City Residential Mortgage Insurance Corporation (REMIC)

In existence since 1973 and a subsidiary of HDC since 1993, REMIC aides the creation of new affordable housing by offering banks and other financial institutions a means to insure residential mortgages.  The absence of this credit enhancement would prohibit the construction of some affordable housing developments.

REMIC By-Laws

REMIC By-Laws

REMIC Annual Reports