FASB accounting for mortgage backed securities

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FASB 91 File Import - Loan fees
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FASB 91 Calculator
FASB 91 - all products page
FASB ASC-310-20
  MBS packages using CPR
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MBS, GNMAs, LSBO, packaged loans CPR

premium, discount amortization software

•  Effective interest rate calculations
   FASB 91 individual  loan fees

•  Monthly discount income, premium expense recognition

•  Up to 4 deferred income and expense amounts per record

•  Monthly recognition based on CPR (conditional prepayment rate) and other methods

•  Yearly totals for current and prior fiscal years

•  From original begin dates or current  balances forward

•  P&L account listing

•  Balance sheet subsidiary listing

•  Journal voucher recap with debit, credit columns

•  General ledger posting file

•  Detail audit schedule for each record

Hard to find

Accounting Software

GAAP, FASB compliant

Premium, discount, deferred fee
income and expense recognition for
investments with irregular monthly payments

Calculate income and expense from
Begin dates forward
Or ....
Preserve and amortize current balances.
For any month.  An entire year.

The software operates on
  •  Your PC or
  •  Your network

Import entire file to the software
  •  Run reports
  •  View, print, export reports

MBS, GNMAs, LSBO, Packaged Loans
GAAP, FASB Accounting Amortization Software for a file with multiple records

Scroll down for
     •  Highlights
     •  Price
     •  Free demo
FASB, GAAP amortization software for
Mortgage, other loans fee income and expense
Dealer fees, indirect lending charges
Bonds - corporate, agencies, governments ....

Complete accounting and reporting for dozens, hundreds, thousands of records at the same time
     •  Effective interest rate calculation
     •  Premium amortization
     •  Discount accretion
     •  Other deferred income and expense - up to 4 items per record
     •  General ledger reports and monthly postings
     •  Automatically adjusts net investment when actual prepayment activity is different from anticipated
         prepayment activity using Prospective and Retrospective recognition
     •  Auditing tools

An ideal solution for
     •  MBS portfolio
     •  GNMAs, CMOs, other pools and packaged loans
     •  LSBO
               Whole loan packages
     •  Syndicated loans
     •  Non-conforming individual loans
     •  Other premium and discount investments with structured or fluctuating payback

Anticipated Repayment Activity can be established as

     •  CPR - Conditional Prepayment Rate
                % reduction of remaining principal balance, such as 8.3% of this month's balance, then 8.3% of next month's balance

     •  P&I amortizing

     •  Interest only:
               As interest only and with
               Principal payments of a constant amount (e.g., $25,000 every three months)

     •  Balloons:
               Interest only with a balloon
               P&I over balloon period
               P&I over longer term such as 5 year balloon with 30 year P&I
               P&I over average portfolio life

FASB premium amortization, discount accretion software for all records at the same time
     •  Effective interest rate calculation for all records at the same time
     •  Premium amortization, discount accretion monthly recognition and balances
     •  Par, accumulated and book value balances
     •  Monthly and Yearly (calendar or fiscal) Totals - current and prior periods
     •  Month-by-month lifetime premium, discount recognition schedule for a record

Applicable for
     •  Purchasers
     •  Originators
     •  Seller servicers

Calculations and accounting reports for
     •  Your records
     •  Client records on behalf of CPA firms, Trust Departments, Financial Advisors ....

Calculation periods
     •  Current month, fiscal year
     •  Prior month, fiscal year(s) restatement

Current 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.
       •  Nothing to install
       •  Create a temporary folder
       •  Unzip a file
       •  Run the program
       •  Delete folder when done

For more information, please contact us.

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



FASB discount and premium effective interest method amortization
 software for Windows® PC, laptop, workstation and network sharing by
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