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Real Estate & Property Law

: Housing Wire

Sympathy for the Fair Value Devil?

By LINDA LOWELL

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On Wednesday, the Financial Accounting Standards Board is expected to vote on a change to the rules governing guidance for certain beneficial interests in asset securitizations. FSP EITF 99-20-A would amend rules for ?Recognition of Interest Income and Impairment on Purchased and Retained Beneficial Interests in Securitized Assets? (issued as an Emerging Issues Task Force [...]

Full post as published by Housing Wire on January 06, 2009 (boomark / email).

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