The International Accounting Standards Board recently issued new mark-to-market rules, which spell out the conditions under which firms must apply mark-to-market accounting to their loans and securities, and when historical amortized cost must be used. The rules become effective Jan. 1, 2013. The new rules are a major shift from a previous position in which...
Moves by the Trump administration are disrupting the economy and the federal agencies that deal with the housing market. Bob Broeksmit, president and CEO of the MBA, isn’t sure how it’s all going to play out.
Is Onity Group eyeing a sale? Perhaps. And why not? Servicing values are approaching a 25-year high.
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