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Mortgage Investment Corporation (MIC)

MICs primarily focus on providing mortgage loans to borrowers, typically in the form of residential or commercial mortgages.

Mortgage Investment Corporation (MIC):

A Mortgage Investment Corporation (MIC) is a type of investment vehicle that pools funds from investors to lend money and invest in mortgages. MICs primarily focus on providing mortgage loans to borrowers, typically in the form of residential or commercial mortgages. Investors in a MIC earn returns in the form of interest income generated from the mortgage loans. MICs offer investors the opportunity to participate in the mortgage market while potentially earning higher yields compared to traditional fixed-income investments. Additionally, MICs may provide diversification benefits to investors' portfolios.