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 Packages: Effective interest method
Merchant Cash Advances
FASB 91: All products
Bond  Purchasers: Effective Interest Method
Bond Purchasers:  Straight Line Method
Prepaid Expenses, Deferred Charges    
Deferred Income, Unearned Revenue
Fixed Assets, FF&E Depreciation    
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GAAP compliant software
 

Loan Packages:  FASB Effective interest method software.
MBS, GNMA, LSBO, CMOs, other pooled and packaged loans

premium, discount and other deferred fees amortization, NPV calculations for:
     Purchasers and
     Seller Servicers

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


Maintain records and activity at the package level in an Excel file.
Automatically import to the software at any time.

Effective Interest Rate calculations and amortization for multiple existing and new records.
     Monthly accounting reports:
          Subsidiary ledger within account numbers.
          Debit and credit column Journal Voucher.
          General ledger posting file.

Effective interest rate recalculation due to:
     Increase to Discount Fee Income or Premium Fee Expense
     Rate change
     Term/Maturity Date change

NPV (book value) adjustment arising from a
     Decrease to Par Principal balance - typically due to monthly remittance
     Increase to Par Principal balance - typically due to advance, fulfillment

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     Price page

Question?
1-800-245-8444 or Support@fdssi.com
 







 
















Accounting and FASB amortization reporting for dozens, hundreds of
loan packages at the same time

     •  Effective interest rate calculation
     •  Premium/Fee Expense amortization
     •  Discount/Fee Income accretion
     •  General ledger reports and monthly postings
     •  Auditing tools
     •  Excel file to maintain your records and easily update principal balances on a monthly basis



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

 

Your 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.



Changes during term
Initial Effective Interest Rate calculations and amortization supporting changes during term:
     Effective interest rate recalculation and
     NPV (book value) adjustment arising from a
          Decrease to Par Principal balance - typically due to monthly remittance
          Increase to Par Principal balance - typically due to an advance, fulfillment
          Increase to Discount Fee Income or Premium Fee Expense
          Rate change
          Term/Maturity Date change










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.

Macs
Operates on Macs with Parallels.
Parallels is a third party app that allows Macs to run Windows software.
 










  Price page and free demo  ....



Price page and free demo
Click to open and view Price page
Download a free demo from the Price page which includes:
     •  A live version of the software
     •  Sample records
     •  Run reports



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® on a computer, laptop and network sharing systems by
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