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

Financial Data Support Systems, Inc. 
Amortization Software Products
FASB 91 Originated Loans
FASB 91 Purchased Loans LSBO
FASB 91 Indirect Lending Dealer Fees
 MBS, GNMA, Premiums, Discounts
FASB 91 Merchant Cash Advances
FASB 91 Products Page
Bond  Purchasers, Effective Interest Method
Bond Purchasers,  Straight Line Method
Bond Issuers, Level Yield or Straight Line
Prepaid Expenses, Deferred Charges    
Deferred Income, Unearned Revenue
Fixed Assets, FF&E Depreciation    
Allocation to Cost Centers
Excel Worksheet Amortization
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GAAP, FASB compliant
 

MBS, GNMA, LSBO, CMOs, other pooled and packaged loan investments
GAAP, FASB premium and discount   Purchased loans individual record level   Originated loans
amortization software

Operates on
     PC, Laptop, Workstation
     Network sharing devices

Scroll down for price page and free demo







Hard to find
Accounting
Software
 



Accounting and FASB amortization reporting for dozens, hundreds of
loan packages at the same time

     •  Effective interest rate calculation
               Prospective rate and Retrospective rates when actual balance differs from anticipated.
               Retrospective recalculation of income, expense and NPV (Net Present Value) 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   -   At the individual loan level:   Import servicer remittance reports
     •  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.



Cash repayments plus anticipated future repayments 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 such as 8.3% of declining Par or Principal where the % reduction is tied to average life of investment
                CPR is typically excluded from 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
 software for Windows® PC, laptop, workstation and network sharing by
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