Download or read book Accounting for Origination Costs and Loan Fees in the Mortgage Banking Industry written by and published by . This book was released on 1976 with total page 19 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Accounting for Origination Costs and Loan and Commitment Fees in the Mortgage Banking Industry written by American Institute of Certified Public Accountants. Accounting Standards Division and published by . This book was released on 1976 with total page 17 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Accounting for Nonrefundable Fees and Costs Associated with Originating Mortgages written by Ronnie J. Clayton and published by . This book was released on 1987 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper discusses several conceptual and empirical issues regarding alternative methods of accounting for discount points on mortgages. Methods widely used by lenders prior to 1988 tend to bring deferred fee income into earnings more rapidly than FASB believes is economically justified. While FASB concedes that prepayments on mortgages do reduce the amount of time that loan fees should be deferred, their suggested remedy is quite cumbersome to apply. For this reason, two alternative accounting techniques are presented and discussed in detail. The cash flows of institutions are not directly affected by the method use to account for deferred loan fees. Although simulations show that various accounting methods do yield significantly different results, the method chosen will neither save nor destroy that thrift industry. S&Ls' economic performance will continue to be driven by their ability to handle the basic maturity mismatch between their assets and liabilities.
Download or read book A Survey of the Mortgage Banking Industry Concerning Costs and Benefits of Regulations written by John M. Boyle and published by . This book was released on 1983 with total page 112 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Accounting for Loan Fees and Costs written by and published by . This book was released on 1987 with total page 72 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book A Guide to Implementation of Statement 91 on Accounting for Nonrefundable Fees and Costs Associated with Originating Or Acquiring Loans and Initial Direct Costs of Leases written by and published by . This book was released on 1987 with total page 58 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book GAAP Guide Level A 2009 written by Jan R. Williams and published by CCH. This book was released on 2008 with total page 1348 pages. Available in PDF, EPUB and Kindle. Book excerpt: Providing an analysis of authoritative GAAP literature contained in Level A of the GAAP hierarchy, this resource discusses each pronouncement in a comprehensive format that makes it easy to understand and apply.
Download or read book Accounting for Loan Fees and Costs written by Peat Marwick Main & Co and published by . This book was released on 1987 with total page 23 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Basis of Assets written by and published by . This book was released on 1993 with total page 20 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Mortgage Banking Financial Statements Operating Ratios written by and published by . This book was released on 1971 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Accounting discretion of banks during a financial crisis written by Mr.Luc Laeven and published by International Monetary Fund. This book was released on 2009-09-01 with total page 43 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper shows that banks use accounting discretion to overstate the value of distressed assets. Banks' balance sheets overvalue real estate-related assets compared to the market value of these assets, especially during the U.S. mortgage crisis. Share prices of banks with large exposure to mortgage-backed securities also react favorably to recent changes in accounting rules that relax fair-value accounting, and these banks provision less for bad loans. Furthermore, distressed banks use discretion in the classification of mortgage-backed securities to inflate their books. Our results indicate that banks' balance sheets offer a distorted view of the financial health of the banks.
Download or read book Mortgage Loan Origination Training written by and published by Lulu.com. This book was released on 2007 with total page 188 pages. Available in PDF, EPUB and Kindle. Book excerpt: Real Estate Mortgage Origination Training.excellent career in the mortgage industry with unlimited potential. As long as there are people, there will be a need for housing and mortgage loan origination. Regardless of the market, people still buy and sell homes daily
Download or read book A Functional Cost Analysis of Selected Operations of Savings and Loan Associations written by David L. Schulze and published by . This book was released on 1979 with total page 118 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper reports the results of a functional cost analysis of 20 savings and loan associations. All S&L data are for 1973. Estimates are derived for the costs of loan origination, loan servicing, and savings. The behavior of these costs is analyzed using correlation and regression analysis. Other cost studies are reviewed and their results are compared with the cost estimates obtained from this survey. The study provides some basic cost data not available previously, reveals wide divergence of operations, and yields some new evidence of economies of scale in the savings and loan industry.
Download or read book Accountants Handbook Volume 2 written by D. R. Carmichael and published by John Wiley & Sons. This book was released on 2007-04-06 with total page 865 pages. Available in PDF, EPUB and Kindle. Book excerpt: This highly regarded reference is relied on by a considerable part of the accounting profession in their day-to-day work. This handbook is the first place many accountants look to find answers to practice questions. Its comprehensive scope is widely recognized and relied on. It is designed as a single reference source that provides answers to all reasonable questions on accounting and financial reporting asked by accountants, auditors, bankers, lawyers, financial analysts, and other preparers and users of accounting information.
Download or read book Accountants Handbook Special Industries and Special Topics written by D. R. Carmichael and published by John Wiley & Sons. This book was released on 2003-05-13 with total page 842 pages. Available in PDF, EPUB and Kindle. Book excerpt: The premier accounting reference, revised and expanded The Accountants' Handbook series has the longest tradition of any reference of providing comprehensive coverage of the field to both accounting professionals and professionals in other fields who need or desire quick, understandable, and thorough exposure to complex accounting-related subjects. Like its predecessors, the Tenth Edition is designed as a single reference source that provides answers to all reasonable questions on accounting and financial reporting asked by accountants, auditors, bankers, lawyers, financial analysts, and other preparers and users of accounting information. Written by nationally recognized accounting professionals, including partners in major public accounting firms, financial executives, financial analysts, and other relevant business professionals, the Handbook covers both financial accounting and reporting and industry specific accounting issues in separate volumes for easy reference. Its comprehensive content provides analysis on over 43 critical areas of accounting.
Download or read book Mortgage Banking Trends Financial Statements and Operating Ratios written by and published by . This book was released on 1966 with total page 150 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Accounting for Nonrefundable Fees of Originating Or Acquiring Loans and Acquisition Costs of Loan and Insurance Activities written by and published by . This book was released on 1983 with total page 61 pages. Available in PDF, EPUB and Kindle. Book excerpt:
