The credit crisis has put immense pressure on commercial real estate due to liquidity or lack thereof.  Financial Accounting Standards (FAS) rules like FAS 166 & 167 will hamper recovery of securitized markets.  These rules eliminate Qualifying Special Purpose Entity (QSPE) treating transfers of finacial assets as financing for accounting purposes rather than as a sale.  Therefore, requiring banks to place billions in assets back onto their balance sheets leaving less liquidity for loans.

Let’s get with the Lakeland Association of Realtors and head to Washingtion to lobby our Representitives asking them to fully examine accounting policy makeers to fully examine FAS 166 and 167.