ASC-310-20 prospective, retrospective accounting for mortgage backed securities
 

Financial Data Support Systems, Inc. 
Amortization Software Products
Loan Files: FASB Effective interest method
 Loan Pool Packages: FASB CPR, SMM
Merchant Cash Advances
FASB 91: All products
Bond  Purchasers: Effective Interest Method
Bond  Issuers: Effective Interest Method
Prepaid Expenses, Deferred Charges    
Deferred Income, Unearned Revenue
Fixed Assets, FF&E Depreciation    
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GAAP compliant software
 

Loan Pools and Packages
FASB Effective interest method software.
Recognize deferred income, expense using CPR, SMM, ASC-310-20 or Actual pool declining balances.

     Loan files:   FASB Effective interest method software page for all loans in a file
     Merchant Cash Advances:  GAAP, FASB for MCA Daily Payments page

MBS, GNMA, LSBO, CMOs, other pooled and packaged loans
     GAAP, FASB income and expense recognition over a shorter CPR Term
     IRR amortization and accretion
     NPV balances
     $Dollar Weighted Rates
     Monthly reports, totals, general ledger postings
     Audit schedules - Lifetime month by month recognition schedule for each pool

Changes to CPR or Earnings Rate calculate new IRR over CPR Term
     Monthly History preserves prior monthly P&L activity


Pool declining balances version:
     Import an Excel file containing actual current pool balances each month
     Calculate FASB effective interest rates, premium and discount recognition



Hard to find
(including custom)
GAAP
Amortization
Software to run on a
PC,
Network sharing or
Cloud based system
supporting Windows




Scroll down for
     Highlights
     Images
     Price page
     Free demo








 3 Month Overview illustrating how the CPR software operates ....




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About the software ….

Windows
Operates on laptop, PC, workstations, network sharing devices and Cloud based systems running Windows.
Developed in Microsoft .NET Framework Visual Studio within Azure.







About Existing Deferral Balances
     •  The software can amortize premiums and discounts from original dates.
     •  Or, if you have been amortizing premiums and discounts using another procedure,
         the software can preserve your current deferral balances and amortize them forward.





  Price page and free demo  ....


Price page and free demo
Click to open and view Price page
Request a free demo from the Price page which includes:
     •  A live version of the software
     •  Sample records
     •  Reports and schedules

For more information, please contact us.

Call 1-800-245-8444 or email Support@fdssi.com


 
 
 
 




 
GAAP, FASB effective interest method amortization
 Software for Windows® on a computer, laptop, shared network and cloud based systems
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