HFSC Markup of Various Capital Formation Bills
SIFMA provided comments to the U.S. House of Representatives Committee on Financial Services on the Markup of Various Capital Formation…
Summary
SIFMA provides comments to the Internal Revenue Service (IRS) on 9 of Revenue Procedure 2008-28 describing when mortgage loans in real estate mortgage investment conduits (REMICs) or grantor trusts may be modified prior to default, without the IRS challenging their tax status. SIFMA is concerned with definitions of the term ‘owner-occupied’ as well as consistencies with the Securities and Exchange Commission’s (SEC’s) Regulation AB regarding mortgage-backed securities.
More Submissions
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Wells Fargo v. SEB Investment Management
Court: U.S. Court of Appeals (Ninth Circuit) (Rule 23(f) petition) Amicus Issue: Whether class action plaintiffs can satisfy the requirements…
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Modifications to the Capital Plan Rule and Stress Capital Buffer Requirement (Joint Trades)
SIFMA, the Financial Services Forum, Bank Policy Institute, and American Bankers Association provided comments to the Federal Reserve Board (FRB)…