A Note of Holiday Thanks and Well Wishes to all…

Dear Family, Friends, Clients and Colleagues, I founded Anderson Tax & Finance Law less than three months ago – on September 12, 2016 – without much more than your support, deep capital markets tax law experience, an entrepreneurial spirit brimming with optimism, and a boundless work ethic dedicated to my firm’s mission: Deliver best-in-class legal […]

Time-Sensitive REMIC Securitization Year-End Cleanup Matters for REITs and Investment Funds

If a REIT or Investment Fund directly (or indirectly through a tax-disregarded entity such as a QRS or wholly-owned LLC) securitized mortgage loans in a REMIC securitization in 2016, the REIT or Fund may have prohibited transaction tax issues or US trade/business tax issues, respectively. There may still be time in 2016 to fix the problem; […]

Loan Servicing Rights & Material Tax Savings

“Energy cannot be created or destroyed, it can only be changed from one form to another.” – Albert Einstein   Sophisticated tax structuring of loan servicing rights may save investors millions. How? Hypothetical and Simplified Assumptions: An investment fund is planning to acquire mortgage servicing rights (MSRs) on a pool of loans with an unpaid […]

Distressed Mortgages and REO – REMICs and Grantor Trusts and REO Corporations. Oh My!

“Toto, I’ve a feeling we’re not in Kansas anymore.” — Dorothy, The Wizard of Oz (1939)   One of the challenges – which on its face appears to present impossible hurdles – of tax attorneys structuring securitization and asset acquisition vehicles over the past decade has been to structure a static pool of distressed mortgages […]

NPLs, Taxes and Your IRS Partner – 6 Q&As (in Plain English)

“An ounce of prevention is worth a pound of cure.” – Benjamin Franklin Purchasing an NPL pool – do I need to worry about the IRS? Yes. Whether you like it or not, the IRS is one of your economic partners in the trade. Structuring the acquisition, ownership, financing, securitization and/or disposition of an NPL […]