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Home » Store » News » Bush Administration’s Tax Rule Change Could Change Economics of Using Mortgage Brokers, Groups Suggest

Bush Administration’s Tax Rule Change Could Change Economics of Using Mortgage Brokers, Groups Suggest

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A pending change in tax regulations could make it much less economically attractive for lenders to use mortgage brokers to originate new loans. According to two banking trade groups, the Treasury Department’s proposed rule on the deduction of costs incurred in the production of intangible assets – like home loans – would raise problems for mortgage lenders. The
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