2009-10-08 — housingwire.com
" The Internal Revenue Service’s release of two new pieces of guidance to address the types of modifications on commercial mortgage loans held by real estate mortgage investment conduits (REMIC) removes disincentive for the modifications, according to a report from the law firm K&L Gates. The modifications would not threaten the REMIC status or introduce tax consequences, according to the report authored by Thomas Lyden, David Jones and Anthony Barwick."
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