As previously mentioned over, the Administrator contends judge error. Particularly, this new Administrator argues the Board have mistakenly interpreted Grams.L.c. 63, § 11, by the (1) determining you to pass-through certificates are «money safeguarded by home loan off real estate,» instead of a different brand of financial support; by (2) possibly maybe not given if, otherwise accidently finishing you to definitely, this type of investments, whenever they had been «money safeguarded because of the home loan regarding a home,» was indeed «its» (brand new taxpayer’s) money. Read More…