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Hanover/Busch analytics provides a permanent accounting subledger for SFAS 125/140 and tax accounting and reporting with “point-and-shoot” flexibility in creating impairment tranches and in defining disaggregation levels.
It develops and maintains permanent miniportfolio-level, loan-level and impairment-tranche-level accounting databases for amortizing asset basis, calculating impairment, and reporting remaining basis and current value. It accepts SFAS 133/138 hedging results and separately amortizes the hedge basis and includes this in determining impairment.
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