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Mbs |
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0 million), reflecting an other than temporary decline in the fair market values of securities in its MBS portfolio. The Company attributed the reduction in income from continuing operations in the current quarter versus the prior quarter primarily to the increase in its borrowing costs associated with leveraging its mortgage-backed securities ("MBS") portfolio and the recognition of a loss of approximately ($159,000) associated with the sale of MBS during the quarter. IDS Scheer, the leading provider of business process excellence services and tools, today announced that its IDS Scheer Small and Medium Enterprises (SME) business unit and MBS Dev Inc. |
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