Leveraging Industry Data for CECL Compliance
In this webinar, Irina Korablev, Senior Director and Deniz Tudor, Director will discuss various tools that can capture economic, loan-level, and cohort-level data across several asset classes, which can be used for forecasting credit losses and benchmarking internal models.
Many financial institutions are faced with the challenge of effectively developing, benchmarking, and validating CECL compliant models as a result of incomplete data.
In this webinar, our experts Irina Korablev and Deniz Tudor discuss various tools that can capture loan-level data across several asset classes, which can be used for forecasting credit losses and benchmarking internal models.
Webinar highlights:
- Modeling the relationship between macro variables and credit risk
- Estimating life-time losses using reasonable and supportable forecasts
- Benchmarking and improving quantitative risk measurement accuracy
- Generating more realistic cash flows and impairment and provisioning calculations
Related Articles
Pre-COVID-19 Health of Small Businesses
This article examines the financial health of small businesses prior to COVID-19 based on a unique dataset covering the last 20 years.
U.S. Consumer Credit Outlook: November 2019
Scott Hoyt and Deniz Tudor discuss the current and anticipated trends in household credit conditions
A Comparative Analysis of Household Credit Data From the New York Fed and Moody's Analytics
The importance of accurate and timely data on household credit conditions became clear during the global financial crisis. Quickly rising delinquencies and foreclosures should have been a warning to lenders and regulators to significantly tighten the spigot on new lending that was wide open during the pre-crisis boom. However, partially due to data limitations, many financial institutions were surprised by the weakening of household balance sheets. By the time they realized the severity of the problem, it was too late to act.
U.S. Consumer Credit Outlook: June 2019
Scott Hoyt and Deniz Tudor discuss the current and anticipated trends in household credit conditions based on data from Equifax.
Moody's Analytics Webinar: U.S. Consumer Credit Outlook
Join Moody’s Analytics Scott Hoyt and Deniz Tudor, as they discuss the current and anticipated trends in household credit conditions based on data from Equifax.
U.S. Consumer Credit Outlook: February 2019
Listen as Moody’s Analytics Scott Hoyt and Deniz Tudor, discuss the current and anticipated trends in household credit conditions based on data from Equifax. Key topics include:
Webinar: CECL for Consumer Lending Portfolios - A Checklist
As internal model development and use of vendor models for CECL submission are fast in progress for those submitting by January 2020, our analysts will review a checklist that will help you organize CECL project plans.
CECL for Consumer Lending Portfolios - Checklist
As internal model development and use of vendor models for CECL submission are fast in progress for those submitting by January 2020, our analystsreview a checklist that will help you organize CECL project plans.
August 2018 U.S. Middle Market Risk Report
Private firm default rates have declined steadily during the past five years. At 1.4%, the rolling 12-month default rate is down 74% from its September 2009 peak of 5.2%. This trend has been driven primarily by a decline in the charge-off rate, now at its lowest level in ten years. In addition, the percentage of borrowers in non-accrual status has decreased 56% since September 2009. The number of borrowers rated “Substandard” has seen a steady increase since the first quarter of 2016, above pre-crisis levels, reflecting banks' cautious lending practices.
U.S. Consumer Credit Outlook: August 2018
Moody's Analytics subject matter experts Scott Hoyt and Deniz Tudor discuss the current and anticipated trends in household credit conditions based on data from Equifax and forecasts from Moody's Analytics.
