Status of Technical Bulletin No. 87-3

Accounting for Mortgage Servicing Fees and Rights

Status

Issued: December 1987

Effective Date:
For transactions entered into on or after December 31, 1987

Affects:
No other pronouncements

Affected by:
Paragraphs 1 through 7 deleted by FAS 125, paragraph 242(a), and FAS 140 paragraph 363(a)
Paragraph 9 replaced by FAS 122, paragraph 4; FAS 125, paragraph 242(b); and FAS 140 paragraph 363(b); and amended by FAS 156, paragraph 6(a), and FAS 166, paragraph B8
Paragraph 10 amended by FAS 156, paragraph 6(b)

Issues Discussed by FASB Emerging Issues Task Force (EITF)

Affects:
Resolves EITF Issue No. 85-26

Interpreted by:
No EITF Issues

Related Issue:
EITF Issue No. 87-34

Abbreviations for Accounting Pronouncements

FAS - FASB Statements
FIN - FASB Interpretations
FTB - FASB Technical Bulletins
APB - APB Opinions
AIN - AICPA Interpretations
ARB - Accounting Research Bulletins
CON - FASB Concepts
EITF - EITF Issues
Q&A - FASB Implementation Guides