# ASC 860-50-60: Transfers and Servicing — Servicing Assets and Liabilities — 60 Relationships

Source: FASB Accounting Standards Codification, Basic View

[Read online](https://asc.understandingaccounting.org/asc/860/50/#60-relationships)

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## ASC 860-50-60: 60 Relationships

[Read section](https://asc.understandingaccounting.org/asc/860/50/#60-relationships)

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#### Derivatives and Hedging

##### [860-50-60-1](https://asc.understandingaccounting.org/asc/860/50/#860-50-60-1)

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For guidance on whether an entity may designate as the hedged item in a fair value hedge a portion of a recognized servicing right asset subsequently measured using the amortization method, see paragraph [815-20-55-65](https://asc.understandingaccounting.org/asc/815/20/#815-20-55-65).

#### Financial Services—Mortgage Banking

##### [860-50-60-2](https://asc.understandingaccounting.org/asc/860/50/#860-50-60-2)

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For guidance on the capitalization of interest costs on certain Government National Mortgage Association (GNMA) securities, and the determination of net future servicing income for this purpose, see paragraph [948-340-30-1](https://asc.understandingaccounting.org/asc/340/948/#340-948-30-1).