What does FASIT stand for?

Financial Asset Securitization Investment Trust

This definition appears very rarely and is found in the following Acronym Finder categories:

Business, finance, etc.

Other Resources:

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Samples in periodicals archive:

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

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

Financial Asset Securitization Investment Trust (FASIT).

A thriving securities market