Advanced Search

Volume 2009 - Number 26

July 2, 2009

SIFMA Group Says Loan Mod Principal Forbearance Should Be Realized as Losses

The appropriate treatment for principal forbearance modifications is as realized losses at the time of modification, according to the Securities Industry and Financial Markets Association’s Asset Management Group. Principal forbearance modifications reduce a borrower’s monthly payment by permanently eliminating the interest accrual and amortization on a portion of the original principal...

Subscribers to Inside MBS & ABS have full access to all its stories and data online. Visitors may become subscribers for full access or may purchase individual articles and data.

Subscriber Log In

If you are a current subscriber or already purchased this article, please login below.

Forgot your password?

Already subscribe but haven't registered for all the benefits of the website?

Subscribe

This weekly covers the secondary mortgage market, including mortgage-backed securities and asset-backed securities.

 

Pay-Per-View

You can purchase this article for only $50.00 without subscribing and always have access to it on insidemortgagefinance.com.

Pay Per View

Recent Webinars:

Mortgage Beat

Industry Reports

Data Reports:

Research Reports:

Poll

The Consumer Financial Protection Bureau is completing its first six months of operation. Based on the agency’s regulatory pronouncements and announcements to date, how do you think the agency is doing?

It’s doing a good job of balancing consumer protections with regulating the mortgage industry.
It’s too early to tell what kind of job the CFPB is doing.
It’s not needed and should be closed down.

vote to see results
Housing Pulse

Most Popular Stories

Link To This Page

HTML Code
Select and Copy the Code Below

Page URL
Select and Copy the URL Below