TIS Mortgage Investment Company (TIS) is a self-managed real estate investment trust (REIT) that invests in mortgage related assets, multifamily real estate, family shopping centers and real estate development projects. The Company has primarily invested in various classes of derivative mortgage instruments such as Residual Interests. TIS Property Acquisition Company (TISPAC) is a wholly owned subsidiary incorporated for the purpose of owning and financing real property. TISPAC is a Qualified REIT Subsidiary.(Source: 10KSB)
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