REMIC

Century City REMIC

Blockchain Mortgage Solutions

Revolutionizing Real Estate Investment

Mortgage solutions powered by blockchain technology and REMIC compliance.

Century City REMIC Trust

Trust & REMIC Structure

200 authorized shares at $1.00 par value each. California Code, Corporations Code - CORP § 205


Regular Interest: Investors receive fixed, predictable cash flow from the interest payments on the underlying mortgages held by the REMIC.


No Residual Interest: There is no secondary class of ownership with claims on leftover cash flow after paying out regular interest obligations.


Tranche Breakdown:


Tranche A (Senior) Risk Profile: Lowest risk tranche.


Tranche B (Mezzanine) Risk Profile: Mod. risk tranche.


Tranche C (B-Piece) Risk Profile: Highest risk tranche.


Annuity Payments

Tokens 3% of designated annuity income.

Annuity paying 69458022 (sat), every 1011 blocks, after a 1200 (sat) executor allowance. LP trading pools support.


LAMREIT

https://bit.ly/WeeklyAnnuity


Tranche A 100% of designated annuity income.

Tranche A

Link


Tranche B 100% of designated annuity income.

Tranche B

Link


Tranche C 100% of designated annuity income.

Tranche C

Link


Divide Contract


Requirement: The divide contract splits inputs across a predefined set of output destinations, ensuring automatic and timely payouts.


LP Trading Pools

LAMREIT 1.000.000 Tokens outstanding.


Tranche A Supply 0.3

Tranche B Supply 20.000.000

Tranche C Supply 10.000.000

Tranche Pool Information

Tranche A (Senior)

Risk Level: Low
Current Supply: 0.3 Tokens
Yield: 4.5% APY
Liquidity: $1.2M

Tranche B (Mezzanine)

Risk Level: Medium
Current Supply: 20M Tokens
Yield: 7.2% APY
Liquidity: $8.5M

Tranche C (B-Piece)

Risk Level: High
Current Supply: 10M Tokens
Yield: 11.0% APY
Liquidity: $3.8M

Token Information

Token Distribution

Tranche A 0.3 (<1%)
Tranche B 20M (66.67%)
Tranche C 10M (33.33%)

Blockchain Details

LP Trading Pool Agreement

This Agreement establishes LP trading pools on Cauldron DEX to provide liquidity for LAMREIT tokens, supported by 3% of Century City REMIC's designated annuity income.

Effective Date: June 11, 2024

Term: 2 years

Parties: Century City REMIC & Los Angeles Mortgage REIT

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