“Did you ever notice that when you put the two words "The" and "IRS" together, it spells "Theirs"? The impact of taxes and tax cuts (potential or expiring) are a topic here in Austin at the MBA’s IMB conference. GSE “reform” in the form of coming out of conservatorship appears a near certainty and is certainly a topic; ex-FHFA Director Dr. Mark Calabria will be discussing his thoughts on where Freddie and Fannie go from here tomorrow on Thursday’s Big Picture.
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