Is there anyone out there that can help with the new Interagency stmt on accounting and reporting for commitments to originate and sell mortgage loans. I'm curious as to a better interpretation on how to calculate the FMV of interest rate locked loans. Is is prudent that we are basically running another "lock" to find out what we will be making at the quarter end. I guess I'm confused why our mortgage dept. is doing this since we would not be making that amount. In actuality, we would be making the amount at the time we locked the loan. Hopefully this makes sense...any clarifications would be much appreciated!!