The Financial Accounting Standards Board's new mortgage servicing rights proposal could lead to more consistent treatment of this asset in a way that provides more visibility into its recapture value.

The Financial Accounting Standards Board (FASB) is seeking feedback on a proposed Accounting Standards Update (ASU) covering residential mortgage servicing rights. In a press release, the FASB said a ...

FASB issued a proposal that would require mortgage servicers to include the value of recapture when measuring residential mortgage servicing rights at fair value. The change is meant to eliminate ...

Stakeholder comments on the FASB proposal are due by 9 November. Credit: Puchit Baipo/Shutterstock.com. The Financial Accounting Standards Board (FASB) is seeking feedback on a proposed Accounting ...

Charles D. King‘s Macro is getting into the direct-to-consumer business, acquiring streaming service AllBlk from AMC Global Media. The service, which targets Black viewers, was launched in 2014 as UMC ...

Tobin Marcus, head of U.S. policy and politics at Wolfe Research, dismissed President Donald Trump's proposed $5K dividend checks to Americans as both legally unviable and economically ill-timed.

Bill Gates is sounding the alarm about artificial intelligence, warning in a new essay that the technology will rapidly transform the U.S. labor market and put millions of jobs at risk. AI is changing ...

Accounting standards are rarely the stuff of high-octane financial drama, yet they remain the silent enablers of institutional adoption. On August 18, 2026, the Financial Accounting Standards Board ...

The FASB said secondary-market liquidity alone would not be enough, with holders needing direct issuer redemption rights and one-to-one liquid reserves. [Update 12:50 UTC, Aug. 19: Adds background on ...

Whether contractual sale restrictions should affect the fair value of equity securities has long been debated. Processing Content In 2022, the Financial Accounting Standards Board issued Accounting ...

FASB published a proposed Accounting Standards Update (ASU) intended to improve investment company financial reporting by amending how investment companies measure the fair value of an equity security ...