REAC Guidance on Debt Issuance Costs
AHACPA continues to receive numerous questions regarding REAC’s position on the implementation of ASU 2015-03 on debt issuance costs. Since the original REAC notice, the […]
Read MoreREAC’s Deputy Assistant Secretary, Donald J. LaVoy, to Speak at PHA Conference
We are excited to announce that D.J. LaVoy has been added to our outstanding lineup of speakers for the 18th Annual PHA Conference. Mr. LaVoy […]
Read MoreHUD Audit Guide Chapter 7 Updated
HUD OIG has released the Consolidated Audit Guide revised Chapter 7 – ‘FHA-Approved Lenders Audit Guidance’. The transmittal letter issued in October 2016 lists the significant changes as: Certain mortgagee letters […]
Read MoreFASSUB to be Updated for the Implementation of FASB ASU 2015-03
Today HUD announced updates will be made to the FASSUB system on the evening of October 6th, 2016. Download the announcement here. In April of 2015 the Financial Accounting […]
Read MoreFHA Implemented New Certification Statements
On August 1, 2016 FHA implemented revised certification statements. These changes will be applied starting with lenders with Fiscal Year End July 2016. A link […]
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