Join us as we discuss the current and anticipated trends for Canadian household credit conditions based on data from Equifax and Moody's Analytics macro and regional economic forecasts.
The labor market suffered a setback over the winter; already hard-hit industries resumed layoffs as the second wave intensified. The large number of Canadian households that utilized the mortgage payment deferral program raises concerns about their ability to handle rising debt-service obligations once interest rates start increasing. Beyond mortgages, other lending lines will be impacted in various ways.
We'll examine the effect of the ongoing pandemic on consumer spending, debt, originations and other factors of Canadian household credit under our baseline forecast and stress scenarios.
Driving to Default in Unaffordable Used Cars
Balances and delinquencies will rise quickly for all borrowers.
Increased Uncertainty for Auto Leases
Using forward-looking credit risk signals and actionable insights from the Early Warning System in the EDF-X solution, we capture the earliest signs of credit deterioration for Bed Bath & Beyond beginning in October 2018.
Recently, Buy Now, Pay Later (BNPL) services have emerged as a viable alternative to traditional credit. However, new regulations and weaker than expected performance in this space highlight the risk of this debt for both consumers and lenders.
Over the past two years, Boeing Corporation has seen a rise in credit risk led by traditional credit risk indicators such as revenue. Increasingly, climate risk will affect credit risk, and traditional models will need to be adapted to incorporate climate-related factors to accurately assess risk.
Extreme climate-related events can impact local mortgage models and increase the risk of default. Using Moody’s Analytics Portfolio Analyzer’s extreme events credit forecasting capabilities, we can quantify and refine Ida’s impact on Louisiana mortgages.
Join Moody’s Analytics Scott Hoyt and David Fieldhouse as they discuss the current and anticipated trends in household credit conditions based on data from Equifax.
Join us for the 4th webinar in our series: Moody’s Analytics & Raymond James in Conversation where we will discuss the outlook for mortgages and their impact on banks, credit unions, non-banks, and mortgage lending.
Moody's Analytics & Raymond James In Conversation: The Year Ahead - An Update on Fintech & Student Lending
Join us for the second webinar in our series: Moody’s Analytics & Raymond James in Conversation where we will discuss the outlook for the fintech and student lending and their impact on banking / lending.