rom 8811

(April 1989)

Department of the Treasury
Internal Revenue Service

Information Return for Real Estate
Mortgage Investment Conduits (REMICs)
and Issuers of Collateralized Debt Obligations

OMB No. 1545-1099

Expires 3/31/92

1 Name of REMIC or issuer of a collateralized debt obligation

2 Employer identification number

3 Present address (including city, town, or post office, state, and ZIP code)

4 Name and title of the representative to be contacted by the public (see instructions)

5 Telephone number of representative

( )

6 Present address of the representative to be contacted by the public (if different from REMIC's or issuer's)

7 CUSIP number(s) (see instructions)

8 Startup day or issue date

9 Name and title of the representative to be contacted by IRS (see instructions)

10 Telephone number of representative

i )

11 Present address of the representative to be contacted by IRS

Under penalties of perjury, | declare that | have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief. it 1s true,

correct, and complete.

Signature >

Title >

Date >

General Instructions

(Section references are to the Internal
Revenue Code.)

Paperwork Reduction Act Notice

We ask for this information to carry out
the Internal Revenue laws of the United
States. We need it to ensure that
taxpayers are complying with these
laws and to allow us to figure and
collect the right amount of tax. You are
required to give us this information

The time needed to complete and file
this form will vary depending on
individual circumstances. The
estimated average time is:

Recordkeeping 2hrs., 38 min

Learning about the law
or the form

Preparing, copying,
assembling, and
sending the form
toIRS

24 min

27 min

If you have comments concerning
the accuracy of these time estimates or
suggestions for making this form more
simple, we would be happy to hear from
you, You can write to either the
Internal Revenue Service,
Washington, DC 20224, Attention: IRS

Reports Clearance Officer, TR:FP; or
the Office of Management and
Budget, Paperwork Reduction Project
(1545-1099), Washington, DC 20503.

Purpose of Form.—A REMIC or
another issuer of an instrument to
which section 1272(a)(6) applies
(collateralized debt obligation) uses
Form 8811 to provide the information
required by the regulations under
section 6049. The information in Box 1
and Boxes 3 through 8 will be published
in Pub. 938, Real Estate Mortgage
Investment Conduit (REMIC) Reporting
Information. This publication will
contain a directory of REMICs and
issuers of collateralized debt
obligations.

Who Must File.—Entities that elect to
be treated as a REMIC and issuers of a
collateralized debt obligation must file

Form 8811

When To File.—For REMICs existing
on or before June 30, 1989, and
collateralized debt obligations issued
between December 31, 1986, and
June 30, 1989, the due date of this
form is July 31, 1989. For all REMICs
formed and for all collateralized debt
instruments issued after June 30,
1989, the due date is 30 days after the

startup day of the REMIC or 30 days
after the issue date of the collateralized
debt obligation.

The REMIC or issuer of a
collateralized debt obligation must
refile Form 8811 within 30 days after
the change of any of the information
provided on a previously filed Form
8811. Ifa REMIC or other issuer
ceases to have interest outstanding,
they should inform IRS by filing a Form
8811 with the word “VOID” written
across the form. The IRS will delete this
REMIC or issuer from Pub. 938.

Where To File.—Send Form 8811 to
REMIC Publication Project, Internal
Revenue Service, 1111 Constitution
Avenue, N. W Room 5607,
Washington, DC 20224.

Signatures

REMIC with a startup day after
November 9, 1988.—For a REMIC
with a startup day after November 9,
1988, Form 8811 may be signed by
any person who could sign the return of
the entity in the absence of the REMIC
election. Thus, the return of a REMIC
which is a corporation or trust would be
required to be signed by a corporate

Form 8811 (4-89)


Form 8811 (4-89)

Page 2

officer or a trustee, respectively. For
REMICs which consist of segregated
pools of assets, the return would be
required to be signed by any person
who could sign the return of the entity
which owns the assets of the REMIC
under applicable state law.

REMIC with a startup day before
November 10, 1988.—A REMIC with
a startup day before November 10,
1988, may elect to apply the rules
applicable to REMICs with a startup day
after November 9, 1988. In the
absence of such an election, Form
8811 must be signed by a residual
interest holder or, as provided in
section 6903, by a fiduciary as defined
in section 7701(a)(6) who is acting for
the REMIC and who has furnished
adequate notice in the manner
prescribed in Regulations section
301.6903-1(b).

Issuer collateralized debt
obligation.—Form 8811 may be
signed by any person who could sign
the return of the issuer of the
collateralized debt obligation

Specific Instructions

Boxes 4, 5, and 6.—Enter the name
and title, address and telephone
number of the official or representative
of the REMIC or issuer of the
collateralized debt obligation who will
provide information necessary to
calculate the amount of interest and
original issue discount (OID) that the
holder is required to report on the
appropriate tax return.

Box 7.,—Enter the Committee on
Uniform Security Identification

Procedure (CUSIP) number assigned to
each class of REMIC regular interest or
to each collateralized debt obligation

Box 8.—Generally, the “startup day” is
the day on which the REMIC issues all
of its regular and residual interests. See
section 860G(a)(9). For non-REMIC
debt obligations, the “issue date” is
defined in section 1275(a)(2).

Boxes 9-11.—Enter the name and
title, address and telephone number of
the official or representative of the
REMIC or issuer of the collateralized
debt obligation whom the IRS may
contact if questions arise concerning
this form. This information will not
appear in Pub. 938.

U.S. Government Printing OFF 1989-24;