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

Financial Data Support Systems, Inc. 
Amortization Software for
Prepaid Expenses, Deferred Charges    
Deferred Income, Unearned Revenue
 MBS, GNMA, LSBO Premiums, Discounts
Loan Fees Income and Expense
Merchant Cash Advance Discounts
Indirect Lending Dealer Fees
FASB 91 Products Page
Bond  Purchasers,  Level Yield Method
Bond Purchasers,  Straight Line Method
Bond Issuers, Level Yield or Straight Line
Excel Worksheet Amortization
Allocation to Cost and Profit Centers
Fixed Assets, FF&E Depreciation   
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GAAP, FASB compliant
 
Related software:    Merchant Cash Advance Discounts    Loans at individual loan level

FASB 91 amortization software for pooled and packaged loans

MBS  mortgage backed securities
GNMAs, FNMAs
CMOs
ABMs
LSBO
SYNDICATED
OTHER POOLS, PACKAGES
EXCEL  automatically import a file with all records to software installed on your computer or network

Amortization, accounting, general ledger and auditor reports for dozens, hundreds, thousands of  records.
          Operates at the PACKAGE level 

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Hard to
find
Accounting
Software









 

                            65%

More than 65% of our clients had us "tweak" the software
to meet an operational or industry requirement.

The software was designed with that in mind.

1-800-245-8444 if you have a specific question
or email
  Support@fdssi.com
 








ASC-310-30?
This page is for ASC-310-20.
If you are interested in software for ASC-310-30, please call us at 1-800-245-8444 or email  Support@fdssi.com











MBS, GNMAs, CMOs, ABMs, LSBO and other Packaged Loans plus Individual Loans
GAAP, FASB Accounting Amortization Software for a file with multiple records



Complete accounting and reporting for dozens, hundreds, thousands of records at the same time
     •  Effective interest rate calculation
               Prospective rate and Retrospective rates when anticipated balance differs from actual.
               Retrospective recalculation of income and expense using the newly calculated effective interest rates based on then-known balances.
     •  Premium amortization
     •  Discount accretion
     •  General ledger reports and monthly postings
     •  Auditing tools



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



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
     Download a free demo from the Price page, too




For more information, please contact us.

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






















































Repayment methods as

     •  P&I amortizing
               P&I assigned by you or
               P&I calculated by the system to establish a forecasted cash flow
                    Typically for MBS and other unknown repayment schedules
               P&I, at your option, can also be recalculated by the software with each cash flow adjustment

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

     •  Balloon, average life periods:
               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

     •  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
                CPR is typically excluded from Prospective, Retrospective calculations because "repayment" is not cash activity












  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, too




For more information, please contact us.

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




 
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FASB discount and premium effective interest method amortization
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