Most lenders appear satisfied with a proposed amendment to the accounting rules for measuring declines in the value of mortgage servicing portfolios. But at least one trade group, America's Community Bankers, is still uneasy over possible potholes.

The amendment drafted by the Financial Accounting Standards Board would require lenders to segment their portfolios by risk characteristics and measure any declines in value in each segment. Gains in any segment may not be used to offset losses in other segments. The potential for volatility upset people in the industry.

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