{"schema_version":2,"canonical_url":"https://asc.understandingaccounting.org/asc/860/50/#50-disclosure","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":"860","topic_title":"Transfers and Servicing","subtopic":"860-50","subtopic_title":"Servicing Assets and Liabilities","section":{"number":"50","label":"50 Disclosure","anchor":"50-disclosure","is_sec":false,"groups":[{"block":null,"heading":"All Entities within the Scope of Subtopic","paragraphs":[{"citation":"860-50-50-1","para":"50-1","html":"
This Section is organized as follows:
  1. a
    All servicing assets and servicing liabilities
  2. b
    Servicing assets and servicing liabilities subsequently measured at fair value
  3. c
    Servicing assets and servicing liabilities subsequently amortized
  4. d
    Servicing assets and servicing liabilities for which subsequent measurement at fair value is elected as of the beginning of the fiscal year.
For overall guidance on Topic 860's disclosures, see Section 860-10-50.
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For all servicing assets and servicing liabilities, all of the following shall be disclosed:
  1. a
    Management's basis for determining its classes of servicing assets and servicing liabilities.
  2. b
    A description of the risks inherent in servicing assets and servicing liabilities and, if applicable, the instruments used to mitigate the income statement effect of changes in fair value of the servicing assets and servicing liabilities.
  3. c
    The amount of contractually specified servicing fees, late fees, and ancillary fees recognized for each period for which results of operations are presented, including a description of where each amount is reported in the statement of income.
  4. d
    Quantitative and qualitative information about the assumptions used to estimate fair value (for example, discount rates, anticipated credit losses, and prepayment speeds).
Disclosure of quantitative information about the instruments used to manage the risks inherent in servicing assets and servicing liabilities, including the fair value of those instruments at the beginning and end of the period, is encouraged but not required. An entity that provides such quantitative information is also encouraged, but not required, to disclose quantitative and qualitative information about the assumptions used to estimate the fair value of those instruments. Section 235-10-50 provides guidance on disclosures of accounting policies.
Transition date:(P) December 16, 2027; (N) December 16, 2028Transition guidance:
270-10-65-1For all servicing assets and servicing liabilities, all of the following shall be disclosed in interim and annual reporting periods:
  1. a
    Management's basis for determining its classes of servicing assets and servicing liabilities.
  2. b
    A description of the risks inherent in servicing assets and servicing liabilities and, if applicable, the instruments used to mitigate the income statement effect of changes in fair value of the servicing assets and servicing liabilities.
  3. c
    The amount of contractually specified servicing fees, late fees, and ancillary fees recognized for each period for which results of operations are presented, including a description of where each amount is reported in the statement of income.
  4. d
    Quantitative and qualitative information about the assumptions used to estimate fair value (for example, discount rates, anticipated credit losses, and prepayment speeds).
Disclosure of quantitative information about the instruments used to manage the risks inherent in servicing assets and servicing liabilities, including the fair value of those instruments at the beginning and end of the period, is encouraged but not required. An entity that provides such quantitative information is also encouraged, but not required, to disclose quantitative and qualitative information about the assumptions used to estimate the fair value of those instruments. Section 235-10-50 provides guidance on disclosures of accounting policies.
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For servicing assets and servicing liabilities subsequently measured at fair value, the following shall be disclosed:
  1. a
    For each class of servicing assets and servicing liabilities, the activity in the balance of servicing assets and the activity in the balance of servicing liabilities (including a description of where changes in fair value are reported in the statement of income for each period for which results of operations are presented), including, but not limited to, the following:
    1. 1
      The beginning and ending balances
    2. 2
      Additions through any of the following:
      1. i
        Purchases of servicing assets
      2. ii
        Assumptions of servicing obligations
      3. iii
        Recognition of servicing obligations that result from transfers of financial assets.
    3. 3
      Disposals
    4. 4
      Changes in fair value during the period resulting from either of the following:
      1. i
        Changes in valuation inputs or assumptions used in the valuation model
      2. ii
        Other changes in fair value and a description of those changes.
    5. 5
      Other changes that affect the balance and a description of those changes.
  2. b
    Subparagraph superseded by Accounting Standards Update No. 2009-16.
Transition date:(P) December 16, 2027; (N) December 16, 2028Transition guidance:
270-10-65-1For servicing assets and servicing liabilities subsequently measured at fair value, the following shall be disclosed in interim and annual reporting periods:
  1. a
    For each class of servicing assets and servicing liabilities, the activity in the balance of servicing assets and the activity in the balance of servicing liabilities (including a description of where changes in fair value are reported in the statement of income for each period for which results of operations are presented), including, but not limited to, the following:
    1. 1
      The beginning and ending balances
    2. 2
      Additions through any of the following:
      1. i
        Purchases of servicing assets
      2. ii
        Assumptions of servicing obligations
      3. iii
        Recognition of servicing obligations that result from transfers of financial assets.
    3. 3
      Disposals
    4. 4
      Changes in fair value during the period resulting from either of the following:
      1. i
        Changes in valuation inputs or assumptions used in the valuation model
      2. ii
        Other changes in fair value and a description of those changes.
    5. 5
      Other changes that affect the balance and a description of those changes.
  2. b
","snippet":"For servicing assets and servicing liabilities subsequently measured at fair value, the following shall be disclosed:\n(a) For each class of servicing assets and servicing liabilities, the activity in the balance of servi…","pending":true,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:817a424627529a65850ecbab0bf5802d1fd7758098e9ceab13e85445dc233a87","downloaded_from":"2026-09-10T02:08:26.048Z","last_downloaded_at":"2026-09-10T02:08:26.048Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147481229","source_sha256":"fa2e51eb68ce6d3a21f7f89e2cd42defce47edeb6a75bcce2a4f9293bacb5cd5"}},{"citation":"860-50-50-4","para":"50-4","html":"
For servicing assets and servicing liabilities measured subsequently under the amortization method in paragraph 860-50-35-1(a), all of the following shall be disclosed:
  1. a
    For each class of servicing assets and servicing liabilities, the activity in the balance of servicing assets and the activity in the balance of servicing liabilities (including a description of where changes in the carrying amount are reported in the statement of income for each period for which results of operations are presented), including, but not limited to, the following:
    1. 1
      The beginning and ending balances
    2. 2
      Additions through any of the following:
      1. i
        Purchases of servicing assets
      2. ii
        Assumptions of servicing obligations
      3. iii
        Recognition of servicing obligations that result from transfers of financial assets.
    3. 3
      Disposals
    4. 4
      Amortization
    5. 5
      Application of valuation allowance to adjust carrying value of servicing assets
    6. 6
      Other-than-temporary impairments
    7. 7
      Other changes that affect the balance and a description of those changes.
  2. b
    For each class of servicing assets and servicing liabilities, the fair value of recognized servicing assets and servicing liabilities at the beginning and end of the period.
  3. c
    Subparagraph superseded by Accounting Standards Update No. 2009-16.
  4. d
    The risk characteristics of the underlying financial assets used to stratify recognized servicing assets for purposes of measuring impairment in accordance with paragraph 860-50-35-9. If the predominant risk characteristics and resulting stratums are changed, that fact and the reasons for those changes shall be included in the disclosures about the risk characteristics of the underlying financial assets used to stratify the recognized servicing assets in accordance with this paragraph.
  5. e
    For each period for which results of operations are presented, the activity by class in any valuation allowance for impairment of recognized servicing assets, including all of the following:
    1. 1
      Beginning and ending balances
    2. 2
      Aggregate additions charged and recoveries credited to operations
    3. 3
      Aggregate write-downs charged against the allowance.
Transition date:(P) December 16, 2027; (N) December 16, 2028Transition guidance:
270-10-65-1For servicing assets and servicing liabilities measured subsequently under the amortization method in paragraph 860-50-35-1(a), all of the following shall be disclosed in interim and annual reporting periods:
  1. a
    For each class of servicing assets and servicing liabilities, the activity in the balance of servicing assets and the activity in the balance of servicing liabilities (including a description of where changes in the carrying amount are reported in the statement of income for each period for which results of operations are presented), including, but not limited to, the following:
    1. 1
      The beginning and ending balances
    2. 2
      Additions through any of the following:
      1. i
        Purchases of servicing assets
      2. ii
        Assumptions of servicing obligations
      3. iii
        Recognition of servicing obligations that result from transfers of financial assets.
    3. 3
      Disposals
    4. 4
      Amortization
    5. 5
      Application of valuation allowance to adjust carrying value of servicing assets
    6. 6
      Other-than-temporary impairments
    7. 7
      Other changes that affect the balance and a description of those changes.
  2. b
    For each class of servicing assets and servicing liabilities, the fair value of recognized servicing assets and servicing liabilities at the beginning and end of the period.
  3. c
  4. d
    The risk characteristics of the underlying financial assets used to stratify recognized servicing assets for purposes of measuring impairment in accordance with paragraph 860-50-35-9. If the predominant risk characteristics and resulting stratums are changed, that fact and the reasons for those changes shall be included in the disclosures about the risk characteristics of the underlying financial assets used to stratify the recognized servicing assets in accordance with this paragraph.
  5. e
    For each period for which results of operations are presented, the activity by class in any valuation allowance for impairment of recognized servicing assets, including all of the following:
    1. 1
      Beginning and ending balances
    2. 2
      Aggregate additions charged and recoveries credited to operations
    3. 3
      Aggregate write-downs charged against the allowance.
","snippet":"For servicing assets and servicing liabilities measured subsequently under the amortization method in paragraph 860-50-35-1(a), all of the following shall be disclosed:\n(a) For each class of servicing assets and servicin…","pending":true,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:74ca9b116a84dca503310cd61516a140962df15da82f08384d45a7ffb93f9161","downloaded_from":"2026-09-10T02:08:26.048Z","last_downloaded_at":"2026-09-10T02:08:26.048Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147481229","source_sha256":"fa2e51eb68ce6d3a21f7f89e2cd42defce47edeb6a75bcce2a4f9293bacb5cd5"}},{"citation":"860-50-50-5","para":"50-5","html":"
If an entity elects under paragraph 860-50-35-3(d) to subsequently measure a class of servicing assets and servicing liabilities at fair value at the beginning of the fiscal year, the amount of the cumulative-effect adjustment to retained earnings shall be separately disclosed.
Transition date:(P) December 16, 2027; (N) December 16, 2028Transition guidance:
270-10-65-1If an entity elects under paragraph 860-50-35-3(d) to subsequently measure a class of servicing assets and servicing liabilities at fair value at the beginning of the fiscal year, the amount of the cumulative-effect adjustment to retained earnings shall be separately disclosed in the interim or annual reporting period in which the adjustment is recorded.
","snippet":"If an entity elects under paragraph 860-50-35-3(d) to subsequently measure a class of servicing assets and servicing liabilities at fair value at the beginning of the fiscal year, the amount of the cumulative-effect adju…","pending":true,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:fcc723dc64f2323e5308ebefda9c130a9f7116eb75b920a5bcc3104609464731","downloaded_from":"2026-09-10T02:08:26.048Z","last_downloaded_at":"2026-09-10T02:08:26.048Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147481229","source_sha256":"fa2e51eb68ce6d3a21f7f89e2cd42defce47edeb6a75bcce2a4f9293bacb5cd5"}},{"citation":"860-50-50-6","para":"50-6","html":"
Paragraphs 860-50-50-6 through 50-9 superseded by Accounting Standards Update No. 2009-16.
","snippet":"Paragraphs 860-50-50-6 through 50-9 superseded by Accounting Standards Update No. 2009-16.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:419c3f98bf407ffdd69dc882a2f01c1a866d7d597154c3f4595f9b23f31d28b2","downloaded_from":"2026-09-10T02:08:26.048Z","last_downloaded_at":"2026-09-10T02:08:26.048Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147481229","source_sha256":"fa2e51eb68ce6d3a21f7f89e2cd42defce47edeb6a75bcce2a4f9293bacb5cd5"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:cf6011b61199c1ecbd940522e6045f254cc170259e5e04f8103511766ca62c10","downloaded_from":"2026-09-10T02:08:26.048Z","last_downloaded_at":"2026-09-10T02:08:26.048Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147481229","source_sha256":"fa2e51eb68ce6d3a21f7f89e2cd42defce47edeb6a75bcce2a4f9293bacb5cd5"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:500c5b26573631c8178a667c5415a07a91ebb5d61939e9aba514da89d97988e7","downloaded_from":"2026-09-10T02:08:26.048Z","last_downloaded_at":"2026-09-10T02:08:26.048Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147481229","source_sha256":"fa2e51eb68ce6d3a21f7f89e2cd42defce47edeb6a75bcce2a4f9293bacb5cd5"}},"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:500c5b26573631c8178a667c5415a07a91ebb5d61939e9aba514da89d97988e7","downloaded_from":"2026-09-10T02:08:26.048Z","last_downloaded_at":"2026-09-10T02:08:26.048Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147481229","source_sha256":"fa2e51eb68ce6d3a21f7f89e2cd42defce47edeb6a75bcce2a4f9293bacb5cd5"}}