Extra repayments to help you servicers and you may financial owners boost potential taxation points for mortgage loans included in securitizations one picked REMIC reputation
Due to the fact extra money in order to servicers and mortgage people within the Modification Program commonly considered of the REMIC laws and regulations, it would be ideal for brand new Treasury Department to clarify you to definitely particularly added bonus costs would not end up in adverse taxation outcomes in REMIC statutes.
Just as the possible income tax issues with bonus money chatted about more than, the latest common payment to-be made by the brand new Treasury Service lower than the fresh Amendment Program and additionally brings up suspicion over whether a good securitization finding including fee will have negative taxation outcomes under the REMIC guidelines. As such, it would be helpful for the Treasury Agencies so you can describe one such as for example shared money created by the latest Treasury Institution wouldn’t produce unfavorable tax outcomes according to the REMIC rules.