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Loan Modification

: Mortgage Lender Implode-o-Meter

FASB Issues Proposal Requiring Banks to Book Loans? Fair Value

By Implode-Explode Heavy Industries

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" The Financial Accounting Standards Board is seeking public comment on a proposal that would require banks to report the fair value of loans on their books and accelerate recognition of credit losses."

Full post as published by Mortgage Lender Implode-o-Meter on May 27, 2010 (boomark / email).

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