Mortgage lenders won an extension on the dreaded mark-to-market provision of the new tax law when the Internal Revenue Service bowed totrade group requests to extend the startup date for a new tax and accounting law to Oct. 31 from Sept. 9.

The Internal Revenue Service, not known for its sense of humor, announced last Thursday the extension, making halloween the bewitching date by which financial instltutions must revamp their securities accounting policies for tax purposes.

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