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» IRS Guidance on REMICs Could Ease Modifications, Potentially Improving Lenders’ Bottom Lines
IRS Guidance on REMICs Could Ease Modifications, Potentially Improving Lenders’ Bottom Lines
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Mortgage servicers and note holders this week welcomed guidance from the Internal Revenue Service clarifying the conditions under which certain mortgages that are not yet in default may be modified without jeopardizing the REMIC structure...