Industry News

Mortgage-backed securities may be exempt from new accounting rule

Investors who hold $3.5 trillion in MBSs want clarification
Published on Oct 25, 2006

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by CareyBot

Investors who hold $3.5 trillion in agency mortgage-backed securities would not be required to recognize gains and losses that are driven by interest rates if proposed changes to a new derivatives accounting rule are approved by regulators. In a 6-1 ...