A dear colleague found this on YouTube the other day -- an actual FAS 159 rap. For those of you who aren't accounting geeks, FAS 159 is the fair-value option that was the foundation for the mark-to-market brouhaha we've been forced to hear about for about the past 12 months.
Paul Jackson is the former publisher and CEO at HousingWire.
HUD’s objectives are sometimes distributed by factors ranging from politics, socio-economic disparities and even natural disasters. When American homeowners fall victim to any of these elements, HUD is not only there to offer a helping hand, but often serves as the tool that leads to recovery.