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Volume 16 - Number 25

December 14, 2012

Support for Proposed MBS Accounting Change

The Mortgage Bankers Association said it largely supports accounting changes that would impact holdings of mortgage-backed securities. Under a proposal by the Financial Accounting Standards Board, there would be no change in measurement for reporting entities that carry certain assets and liabilities at amortized cost. The MBA said the update proposed by FASB in October would require certain changes to the measurement of assets and liabilities of securitizations that a reporting entity is required ...

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With the recent dip in interest rates, how do you feel about loan volumes this year?

We see loan production ending 2015 flat compared to 2014.
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