In the event the the fresh new servicer safe harbor rules or some form of it’s introduced into rules, it is unsure how useful it might be to require participating servicers to seek to remove prohibitions into the mortgage improvement from inside the agreements

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Since the added bonus costs to servicers and you may home loan owners underneath the Amendment Program commonly considered by the REMIC rules, it could be helpful for the new Treasury Agency to help you clarify you to definitely eg incentive repayments won’t cause adverse income tax outcomes in REMIC statutes. Continue reading →