Paradise Island, Bahamas - In addition to other provisions written into Financial Accounting Standard 140, the accounting rule that replaces FAS 125 will require securitizing companies to disclose detailed securitization-related information in the footnotes accompanying annual audited financial statements.

Companies will be required to disclose pool static losses by year of securitization, cumulative build-up of actual losses to date, and the projection of future losses of pools by the year of origin, said Marty Rosenblatt, national director of securitization services at Deliotte & Touche.

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