The new REMIC legislation restriction the kinds of money one to a beneficial REMIC can get discover and you can/otherwise shell out
Bonus repayments so you’re able to servicers and you may home loan people raise potential taxation activities getting mortgage loans found in securitizations one opted for REMIC updates
Once the incentive payments in order to servicers and you will mortgage people under the Amendment System are not contemplated of the REMIC rules, it would be ideal for the brand new Treasury Company so you can clarify you to definitely such as bonus repayments won’t result in unfavorable tax effects according to the REMIC rules.
Just as the prospective tax problems with bonus costs talked about over, the new shared payment are made by this new Treasury Department under the Modification Program plus raises uncertainty over if a beneficial securitization getting like payment would have bad income tax outcomes under the REMIC guidelines. Leia mais
