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FASIT
(redirected from Financial Asset Securitization Investment Trust)

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FASITFinancial Asset Securitization Investment Trust
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It treats CMBSs as an additional line of business and has done three securitizations: a Real Estate Mortgage Investment Conduit (REMIC) for $550 million in 1996, a Financial Asset Securitization Investment Trust (FASIT) for $440 million in 1997 and another FASIT in 1998 for $150 million.
Insurers and CMBS by Bergsman, Steve / Mortgage Banking
For federal income tax purposes, an election will be made to treat a portion of the trust fund as a financial asset securitization investment trust (FASIT).
Fitch Rates Structured Asset Securities $750.2MM P-T Ctfs 2002-AL1 by Business Wire
Financial Asset Securitization Investment Trust (FASIT).
A thriving securities market by Rubin, Joseph B. / Mortgage Banking
 
 
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