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  1. How Did the Banks Get Away With Pledging Mortgages to Multiple Buyers?

    ... in intelligent design. Whalen explained: Prior to FAS [i.e. Financial Accounting Standards] 166/167, a defaulted loan might sit in a FNM/FRE pool for up to a year before the ...

    National Mortgage Professional - 2010-10-26 05:14

  2. MBA Praises the Fed's Risk Retention Report

    ... retention requirements and Financial Accounting Statement (FAS) Nos. 166 and 167 on asset-backed securitizations. "The report closely parallels our own ...

    NationalMortgageProfessional.com - 2010-10-21 10:06

  3. FDIC Approves Final Rule Regarding Safe Harbor Protection for Securitizations

    ... of Financial Assets, an Amendment of FASB Statement No. 140 (FAS 166) and Statement of Financial Accounting Standards No. 167, Amendments to FASB Interpretation No. 46(R) (FAS 167). Following the Nov. ...

    NationalMortgageProfessional.com - 2010-09-28 10:09

  4. Conference Committee approves measures to support commercial real estate recovery

    ... report on the combined impact of new accounting standards (FAS 166 and 167) and other regulatory changes, such as a "retention" mandate, on credit ...

    NationalMortgageProfessional.com - 2010-06-25 11:01

  5. House narrowly passes the Wall Street Reform and Consumer Protection Act of 2009

    ... of new retention requirements and new accounting standards (FAS 166 and 167) on credit availability, and to report to Congress with specific ...

    NationalMortgageProfessional.com - 2009-12-11 16:45

  6. CMSA applauds house 'retention' amendment to financial reform bill

    ... of particular concern in light of new accounting standards, FAS 166 and 167, which could result in significantly less credit availability. In this ...

    NationalMortgageProfessional.com - 2009-11-19 15:03

  7. CMSA and MBA file comment letter to address capital treatment of assets

    ... coming on the books of banks on Jan. 1, 2010, as a result of FAS 166 and FAS 167FAS 166 and FAS 167, issued by the Financial Accounting Standards Board ...

    NationalMortgageProfessional.com - 2009-10-08 14:46