The Internal Revenue Service (IRS) is set to implement new rules that will give certain owners and developers of commercial real estate more flexibility to pursue loan modifications even if their loan has been securitized.

Market reports indicate that the new rule will apply to loans backed by shopping malls, office parks and other commercial properties that have been securitized and sold to Real Estate Mortgage Investment Conduits (REMICS).

Subscribe Now

Access to a full range of industry content, analysis and expert commentary.

30-Day Free Trial

No credit card required. Access coverage of the securitization marketplace, including breaking news updated throughout the day.