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Home » Store » News » Industry Urges FASB to Eliminate TDRs

Industry Urges FASB to Eliminate TDRs

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Mortgage lenders are calling for the withdrawal of proposed troubled debt restructuring disclosures that will go into effect in 2011 for fear they might result in virtually all loan modifications being reported as troubled debt restructurings. In comment letters to the Financial Accounting Standards Board, lenders said...
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