# ASC 340-948-05: Other Assets and Deferred Costs — Financial Services—Mortgage Banking — 05 Overview and Background

Source: FASB Accounting Standards Codification, Basic View

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## ASC 340-948-05: 05 Overview and Background

[Read section](https://asc.understandingaccounting.org/asc/340/948/#05-overview-and-background)

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##### [340-948-05-1](https://asc.understandingaccounting.org/asc/340/948/#340-948-05-1)

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This Subtopic addresses the accounting for costs of issuing certain [Government National Mortgage Association](https://asc.understandingaccounting.org/glossary/g/#government-national-mortgage-association "Often referred to as Ginnie Mae, GNMA is a U.S. governmental agency that guarantees certain types of mortgage-backed securities and provides funds for and administers certain types of low-income housing assistance programs.") (GNMA) securities.