“MBA is concerned that the Treasury Department’s new tax information reporting plan, if enacted into law as part of the proposed reconciliation package under discussion, would capture many routine mortgage-related transactions, result in significantly increased tax compliance costs for individuals, families and small businesses, and present privacy concerns regarding potential data breaches.” --MBA Senior Vice President of Legislative and Political Affairs Bill Killmer, writing in support of S.3056, introduced by Sen. Tim Scott, R-S.C.

Mortgage advisory firm STRATMOR Group, Greenwood Village, Colo., thinks it knows why lenders have found it difficult to achieve suitable returns on their technology investments.