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Home » Store » Taxable » Even Though FASB Released New Rules, Valuing MSR Remains Tricky and Needs Tons of Justification

Even Though FASB Released New Rules, Valuing MSR Remains Tricky and Needs Tons of Justification

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What are fair values of servicing rights? Many experts think the value is largely whatever servicers can justify. FAS 156 sets servicers on the path to understanding how to support fair value contentions, but lacks specifics. The Financial Accounting Standards Board has...
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