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Home » Store » News » FASB Encouraged to Be Deliberate In Changing MBS Accounting Rule

FASB Encouraged to Be Deliberate In Changing MBS Accounting Rule

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Wall Street is urging accounting policymakers to go slowly on a new rule on mortgage securitization that is already causing considerable anxiety in an already jittery financial sector even before it’s been released for public comment. Under pressure from the Securities and Exchange Commission, the Financial Accounting Standards Board has been drafting a major revision of Financial Accounting Standard...
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