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Real Estate & Property Law

: Housing Wire

OTTI Rules Tweaked or Sharpened?

By LINDA LOWELL

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It appears a cranky FASB, responding to a flood of comments — some ill-informed, a bunch form letters — added a few teeth to what had been looking like a technical fix to other-than-temporary-impairment guidance for securitized assets. Last week the Financial Accounting Standards Board voted to issue FSP EITF 99-20-a, Amendments to the Impairment and [...]

Full post as published by Housing Wire on January 12, 2009 (boomark / email).

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