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Home » Store » News » FASB to Approve Draft Guidance Restoring Special Servicers’ Role in CMBS Transactions

FASB to Approve Draft Guidance Restoring Special Servicers’ Role in CMBS Transactions

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With today’s expected approval of draft accounting guidance on special servicers, the commercial MBS industry returns to business relieved of a potentially disruptive threat posed by a new, complex accounting rule. In fact, commercial MBS issuers are confident enough that the Financial Accounting Standards Board would approve the draft guidance late this week that they already have begun adjusting their servicing and pooling
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