The XBRL staff of the Financial Accounting Standards Board (FASB) proposed GAAP Taxonomy Improvements for the proposed Accounting Standards Update: Transfers and Servicing—Servicing Assets and Liabilities (Subtopic 860-50): Mortgage Servicing Rights—Recapture (Release Notes).
The proposed Update on mortgage servicing rights—recapture (File Reference No. 2026-ED600) would require that the effects of recapturing mortgage servicing rights be included when measuring a residential mortgage servicing right, by specifying that an entity must value all rights and obligations associated with a mortgage servicing contract, including recapture in accordance with Topic 820, Fair Value Measurement.
The comment period on the proposed GAAP Taxonomy Improvements for the proposed Update on mortgage servicing rights—recapture ends on November 9, 2026.
Interested parties may provide comments on the proposed GAAP Taxonomy Improvements by sending their comments to xbrled@fasb.org. Please include the File Reference Number indicated above and on the cover of the Release Notes.
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