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Home » Store » News » Will FASB Wreak More Havoc With GSEs?

Will FASB Wreak More Havoc With GSEs?

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Last year, the Financial Accounting Standards Board revised some of its accounting standards in a way that required Fannie Mae and Freddie Mac to overhaul their balance sheets, affecting trillions of dollars of assets. And now, the board is poised to strike again with a fair value accounting proposal that could have a significant impact on the GSEs, depending upon a number of factors...
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