Deductions & credits

Hi, I'm a little surprised the mortgage company issued a 1099. A 1099 will require inclusion in income. I'm trying to fathom why it is deemed income. It is equivalent to your getting a discount on your principal balance today in exchange for paying more interest over the life of the loan. You might challenge the company or get a professional opinion. I suspect they have done their homework and are correct. Keep me posted!
Regards,