{"schema_version":2,"canonical_url":"https://asc.understandingaccounting.org/asc/310/948/#60-relationships","source":"FASB Accounting Standards Codification, Basic View","usage":"Study and research edition. Verify current requirements with the official source. Summaries, enrichment, and tags are machine-generated study aids. Paragraph html preserves source markup; snippet is abbreviated. Pending content is not necessarily effective.","topic":"310","topic_title":"Receivables","subtopic":"310-948","subtopic_title":"Financial Services—Mortgage Banking","section":{"number":"60","label":"60 Relationships","anchor":"60-relationships","is_sec":false,"groups":[{"block":null,"heading":"Receivables","paragraphs":[{"citation":"310-948-60-1","para":"60-1","html":"<div class=\"asc-body\"><div class=\"norm-text\"><span class=\"sfragment\" id=\"sfr_177126DD-6E94-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">For the accounting for fees and costs associated with originating or acquiring or committing to originate or acquire loans for investment, see Topic <a altsource=\"GUID-848F1C96-68A0-4270-A4CD-D7487E1B0F3B.ditamap\" class=\"ditamap\">310</a>. </span></span></div></div>","snippet":"For the accounting for fees and costs associated with originating or acquiring or committing to originate or acquire loans for investment, see Topic 310.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:681f27444ae95f6dfda4ced8027808e369ea23a88eb39f4e761b284fba963669","downloaded_from":"2026-09-09T23:31:10.835Z","last_downloaded_at":"2026-09-09T23:31:10.835Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478432","source_sha256":"b953f756d968f77eb93c1fe710a48853e4f47aeeaab17effe47ab87861381d2a"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:bf0836836c1195b04c4580216e3187987bbbeeca0219da5a70d44e028cb84394","downloaded_from":"2026-09-09T23:31:10.835Z","last_downloaded_at":"2026-09-09T23:31:10.835Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478432","source_sha256":"b953f756d968f77eb93c1fe710a48853e4f47aeeaab17effe47ab87861381d2a"}},{"block":null,"heading":"Not-for-Profit Entities","paragraphs":[{"citation":"310-948-60-2","para":"60-2","html":"<div class=\"asc-body\"><div class=\"norm-text\"><span class=\"sfragment\" id=\"sfr_17712842-6E94-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">For reporting of <a href=\"/glossary/m/#mortgage-backed-securities\" class=\"term\" title=\"Securities issued by a governmental agency or corporation (for example, Government National Mortgage Association [GNMA] or Federal Home Loan Mortgage Corporation [FHLMC]) or by private issuers (for example, Federal National Mortgage Association [FNMA], banks, and mortgage banking entities). Mortgage-backed securities generally are referred to as mortgage participation certificates or pass-through certificates. A participation certificate represents an undivided interest in a pool of specific mortgage loans. Periodic payments on GNMA participation certificates are backed by the U.S. government. Periodic payments on FHLMC and FNMA certificates are guaranteed by those corporations, but are not backed by the U.S. government.\"><span>mortgage-backed securities</span></a> held by not-for-profit entities (NFPs), see Topic <a altsource=\"GUID-7D6E748A-8E8A-4AF3-A450-7776B7B60801.ditamap\" class=\"ditamap\">958</a>. </span></span></div></div>","snippet":"For reporting of mortgage-backed securities held by not-for-profit entities (NFPs), see Topic 958.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:5fe0a8877cc6b4edff2bf4dd3f1cbcd798cfb5505690214c4642a7647026aa1f","downloaded_from":"2026-09-09T23:31:10.835Z","last_downloaded_at":"2026-09-09T23:31:10.835Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478432","source_sha256":"b953f756d968f77eb93c1fe710a48853e4f47aeeaab17effe47ab87861381d2a"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:704f8c10901e831cf6b31d1967188b28a7ad71c1f6c01dc376d1999f94c40d17","downloaded_from":"2026-09-09T23:31:10.835Z","last_downloaded_at":"2026-09-09T23:31:10.835Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478432","source_sha256":"b953f756d968f77eb93c1fe710a48853e4f47aeeaab17effe47ab87861381d2a"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:41979884208c6a4e320d4695bb1d4268afc9977f2b6569fed5a03b7c4da4d30c","downloaded_from":"2026-09-09T23:31:10.835Z","last_downloaded_at":"2026-09-09T23:31:10.835Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478432","source_sha256":"b953f756d968f77eb93c1fe710a48853e4f47aeeaab17effe47ab87861381d2a"}},"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:41979884208c6a4e320d4695bb1d4268afc9977f2b6569fed5a03b7c4da4d30c","downloaded_from":"2026-09-09T23:31:10.835Z","last_downloaded_at":"2026-09-09T23:31:10.835Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478432","source_sha256":"b953f756d968f77eb93c1fe710a48853e4f47aeeaab17effe47ab87861381d2a"}}