The fresh REMIC guidelines limit the types of repayments one to good REMIC could possibly get discovered and you may/or spend
When the new servicer secure harbor guidelines or specific brand of its passed towards laws, its uncertain how beneficial it could be to need acting servicers to get to eliminate restrictions on the loan improvement from inside the contracts
As added bonus payments in order to servicers and you can home loan people underneath the Amendment Program commonly contemplated because of the REMIC legislation, it might be helpful for the fresh Treasury Agencies so you’re able to describe one like bonus repayments would not cause negative tax outcomes underneath the REMIC rules. Read more