Mortgage Servicing Issue in Biden Tax Plan Will Likely Be Avoided: KBW

National Mortgage News, June 7, 2021–Bonnie Sinnock (subscription)
The proposal, which imposes a 15% alternative minimum tax on corporations with more than $2 billion in net income, could threaten a deferral that has been allowed on non-cash mortgage origination income from retained MSRs, the researchers said. (MBA mention)