Leading economist; recognized authority and commentator on personal finance and credit, U.S. housing, economic trends and policy implications; innovator in econometric and credit modeling techniques.

Cristian deRitis, Deputy Chief Economist at Moody’s Analytics, specializes in assessing the economy’s impact on household finance, housing, credit markets and public policy. Named on two U.S. patents for credit modeling, he created loss forecasting and stress testing systems for financial institutions. He joined Moody’s in 2008, after serving as a director with Fannie Mae. He also was an adjunct professor of economics at Johns Hopkins University..

Expertise
solutions
Moody's Analytics | Credit Modeling

Credit Risk Modeling: Moody’s Analytics delivers award-winning credit models and expert advisory services to provide you with best-in-class credit risk modeling solutions.

Moody's Analytics | CECL

Current Expected Credit Loss Model (CECL): Moody’s Analytics provides tools for the most crucial aspects of the expected loss impairment model, with robust solutions to aggregate data, calculate expected credit losses, and derive and report provisions.

Moody's Analytics | Economic Forecasts

Economic Forecasts: Moody's Analytics provides trusted macro and regional forecasts to help clients assess potential economic outcomes.

Moody's Analytics | Economic Scenarios

Economic Scenarios: Moody's Analytics provides internally and globally consistent economic, regulatory, and custom scenarios.

TOPICS

Economic Forecasts: Forecasts potential economic outcomes on the performance of businesses and investments.

Econometric Modeling: Fully transparent econometric and statistical models to assess performance of geographies, financials and various asset classes.

Economic Risk Assessment: Quantitative economic assessment to help you understand the impact of forward-looking changes on the performance of your business and portfolios.

Loss Accounting: CECL: New credit loss accounting standard that replaces the current ALLL accounting standard.

Stress Testing: US: Examination of the possible impact of an adverse scenario on a firm and/or industry.

Published Work
Article

Reasonable and Supportable Forecasts - From Principles to Practice

With many of the larger SEC filers well ahead in their CECL preparations and gearing up for validation, we examine how the requirements of an R&S forecast and reversion may be interpreted.

August 2019
Article

Defining Economic Scenarios With Constant Severities

Alternative economic scenarios are invaluable for quantifying and managing forecast risk. In this article, we define these constant severity scenarios and the models used to estimate their probabilities.

June 2019
Webinar-on-Demand

Trade War Update - Will Trump Push Too Far?

President Trump has escalated the trade war with China, and nearly everyone has been wrong-footed by the move.

May 2019
Presentation

CECL 20/20: A Clear View of the New Credit Loss Requirements

Starting in 2020, the Current Expected Credit Loss (CECL) accounting standard will require financial institutions to reserve for estimated lifetime losses on loans and leases as soon as they are originated. This presentation will provide analytical insight and practical recommendations to help lenders strategize and effectively prepare for the new rule.

May 2019
Webinar-on-Demand

Moody's Analytics Webinar: Briefing on the CCAR Scenarios

The Federal Reserve have released its scenarios for the 2019 CCAR stress test. Listen as Mark Zandi and Cristian deRitis discuss the narratives behind the Fed's scenarios under forecasts of detailed economic variables.

February 2019
Article

Gauging CECL Cyclicality

In this paper, we provide empirical support for the conclusion that the CECL standard will be less procyclical than the incurred loss standard.

December 2018