ADMINISTRATIVE

Notice 2011–14, page 544. Guidance on mortgage assistance programs. This notice provides guidance on the federal tax consequences of payments made to or on behalf of financially distressed homeowners under programs established pursuant to the Treasury Department’s Housing Finance Agency Innovative Fund for the Hardest-Hit Housing Markets (HFA Hardest Hit Fund) and the Department of Housing and Urban Development’s Emergency Homeowners’ Loan Program (EHLP). This notice also provides guidance on the information reporting requirements for these payments.

Notice 2011–18, page 549. This notice provides transitional relief from information reporting requirements in section 6045B of the Code that apply to issuers of stock with respect to organizational actions that affect the basis of the stock.