Home » Short Takes: MBA Concerned About Tax Deduction for Some Lenders / Annaly About to Close MTGE Deal / More Nomination Confirmed / Mortgage Rates Continues to Decline
Short Takes: MBA Concerned About Tax Deduction for Some Lenders / Annaly About to Close MTGE Deal / More Nomination Confirmed / Mortgage Rates Continues to Decline
yyang@imfpubs.com Mortgage Bankers Association is concerned that many lenders won’t be eligible for a new 20 percent tax deduction for pass-through entities. Lenders that retain their production in portfolio look to be eligible for the deduction, but there is uncertainty around businesses that originate and sell loans. In a letter to the Internal Revenue Service, the MBA argued companies that finance real estate loans should be able to claim the deduction. See this Friday’s edition of…
Is Onity Group eyeing a sale? Perhaps. And why not? Servicing values are approaching a 25-year high.
News Tailored to Your Needs
Get Focused Coverage
Inside Mortgage Finance's newsletters break the mortgage market down so you get the news and data you need most, whether it's total industry coverage or just the news related to securitization, regulation, profits or other specific topics.