Status of Statement No. 134

Accounting for Mortgage-Backed Securities Retained after the Securitization of Mortgage Loans Held for Sale by a Mortgage Banking Enterprise—an amendment of FASB Statement No. 65


Issued: October 1998

Effective Date:
For the first fiscal quarter beginning after December 15, 1998


Amends FAS 65, paragraphs 4 and 6
Amends FAS 115, paragraphs 12(a) and 128(a)


Affected by:
No other pronouncements


AICPA Accounting Standards Executive Committee (AcSEC)
Related Pronouncement:PB 6

Abbreviations for Accounting Pronouncements

F AS - 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