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
Corporate Debt  Issue GAAP amortization
Merchant Cash Advances
FASB 91: All products
Bond  Purchasers: Effective Interest Method
Bond  Issuers: Effective Interest Method
Prepaid Expenses, Deferred Charges    
Deferred Income, Unearned Revenue
Fixed Assets, FF&E Depreciation    
Home page
About, contact us

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

Generate GAAP, FASB income and expense recognition for any month

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

Scroll down for
     Price page with free demo.

Hard to find
(including custom)
Software to run on a
Network sharing or
Cloud based system
supporting Windows


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
               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 ….

Operates on laptop, PC, workstations, network sharing devices and Cloud based systems running Windows.
Developed in Microsoft .NET Framework Visual Studio within Azure.

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


FASB discount and premium effective interest method amortization
 Software for Windows® on a computer, laptop, shared network and cloud based systems
© 1995 - 2022 Financial Data Support Systems, Inc.
Home page        |        About us       |        Contact us       |        Site map