On Monday, The FASB (Financial Accounting Standards Board) is planning to meet to discuss a change in strategy to the current accounting procedure “mark to market” that bank uses on their balance sheets.  As of now, banks are required to adjust values of properties to their current appraised value when doing accounting, which recently, has taken an enormous chunk out of their balance sheets.  The FASB will meet to discuss changes that can be made to this procedure that will help bank minize the damage of toxic assets.  As this develops more, this provides a great opportunity for those looking to refinance a mortgage or modify a loan. So whether you are in Texas, California, Florida, New York, or any other US city, you most likely qualify for the new government loan modification and refinance plan. If you are not sure if you qualify, we can find out for you.  Now is the time to act, as interest rates remain record low and banks have incentives to work with you.  CLICK HERE to begin in modifying or refinancing your loand today!