Tag Archives: Commercial real estate collapse


News that Moves: FAS 157 Changes, Commercial Real Estate Collapse

RCM Comment: Update on the FASB decision: Where impaired assets losses are concerned, FASB has caved in and is not requiring immediate write offs for the full amount. Instead, banks must write off the part that is impaired because it was a bad asset, but the rest that is impaired because of market conditions (as determined by the bank) is […]