FASB

House lawmaker warns of CECL's impact on Fannie, Freddie

02/14/19

Rep. Blaine Luetkemeyer, R-Mo., told the mortgage giants' chief federal regulator that the Financial Accounting Standards Board’s new model for estimating loan losses could pose risk across the mortgage market.

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Community banks still aren’t ready for CECL

02/05/19

Despite recent chatter about a delay, there’s reason to believe the Current Expected Credit Losses accounting standard will go into effect next year. Regulators should do more to help smaller institutions prepare.

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Shorter terms, higher rates: How CECL could upend lending

02/04/19

Bankers weigh their options in mortgage and CRE lending as implementation of a new accounting standard nears.

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Regionals' proposed CECL fix gets thumbs-down

01/28/19

Bigger banks complained that a two-tier system would force them to rethink their models, while smaller banks raised concerns about adding more complexity to an already burdensome process.

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CECL talks could get heated as detractors weigh in

01/25/19

At a FASB meeting Monday on proposed changes to the accounting standard, its critics will be given a platform.

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CECL is in trouble, but there’s a fix

01/11/19

Problems with the new accounting standard could be solved by modifying how reserves are calculated so that changes are more in line with industry growth.

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Accounting standards shouldn’t be left to the accountants

01/04/19

The SEC and FASB control the process now, but Congress should give banking regulators a more central role in overseeing the creation of accounting rules.

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Will industry get what it wants on CECL?

12/20/18

Detractors are suddenly hopeful that the controversial accounting standard could be delayed or altered after FSOC's longer-than-expected closed session on the issue.

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Calabria's GSE effect, 2019 fintech, Kraninger's CFPB: Top stories of the week

12/14/18

What an FHFA led by Mark Calabria would mean for GSE reform; 7 (realistic) predictions about fintech in 2019; Kathy Kraninger signals new tone atop CFPB; and more from this week's most-read stories.

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Piling on: Democratic lawmakers join chorus of CECL critics

12/12/18

Brad Sherman of California and Gregory Meeks of New York are worried the proposed accounting standard for recording loan losses will reduce access to credit for small businesses and low- and moderate-income communities.

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