by Kirk Briden | Aug 25, 2023 | CECL
When you see a negative forward-looking adjustment in the CECL model, it means the projected loss rate in the near-term future for that pool is lower than the average historical loss rate. This is not unusual, especially when the lookback period goes back to the...
by Kirk Briden | Jun 7, 2022 | CECL
In addition to calculating lifetime loss rates, one of the biggest new changes FASB added to CECL is the requirement to use objective economic data to project losses into the “foreseeable future.” CECLcomp provides this calculation for you in the “Forward Looking...
Recent Comments