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Mortgage Modifications and Securitization of Mortgage Loans - CDOs of ABS New Law July 30 2008: Loss Mitigation via Refinance with Principal Reduction & Forgiveness & ShortRefinance™ - - - ‘Housing and Economic Recovery Act of 2008’ Signed by President Bush on July 30 2008 HOPE NOW - June 17, 2008. Hope Now June 17, 2008 New Servicer Guidelines Rev. Proc 2008-28 Proposed Tax Regulation Comments due JULY 15, 2008 Tax & Modification Issues - REMIC, TRUSTS IRS Rev.Proc. 2008-28 | Loan Modifications | REMIC IRS Rev. Proc. 2007-72 | Loan Modifications | REMIC American Securitization Forum Loan Modification Dec 6, 2007 ASF Framework Streamlined Q&A Dec 2007 American Securitization Forum Loan Modification Statement June 2007 S&Ps New Guidelines - Modifications Moodys Study - Only 1% ModificationsThur Far! Joint Economic Committee Report Oct. 2007 Senator Charles E. Schumer, Chairman |