Abrigo

FEBRUARY 16, 2017

The FASB’s guidance on the Current Expected Credit Loss (CECL) model is not prescriptive and allows for a number of methodologies to be used in order to fulfill the requirements. Vintage analysis is an allowance for loan lease losses (ALLL) calculation methodology that has been suggested as being the new minimum standard for CECL compliance.

CECL 60

CECL 60

Abrigo

JULY 19, 2019

The initial stress test conducted in 2009 was described as a “wartime” test meant to reassure the public that the system was solvent, and it was very effective. Portfolio Risk & CECL. A Practical CECL Action Plan for Credit Unions. Portfolio Risk & CECL. Portfolio Risk & CECL. Whitepaper. Learn More.

CECL 97

CECL Credit Unions 97

Abrigo

APRIL 14, 2020

During the crisis in 2009, the banking system saw shockwaves hit, causing a number of bank closures. Portfolio Risk & CECL. One of the major concerns today is the unknowns that impact plans that we do not control. Let’s focus on the financial risks we don’t control and assess the risk. Asset/Liability. Lending & Credit Risk.

Credit Risk 78

Credit Risk CECL 78

FICO Blog

DECEMBER 8, 2022

Default rates by FICO® Auto Score 8 and FICO® Resilience Index 2 – stressed economy (Oct 2007 to Oct 2009). Default rates by FICO® Auto Score 8 and FICO® Resilience Index 2 – stressed economy (Oct 2007 to Oct 2009). Previously, David led FICO’s global IFRS 9 and CECL practice.

Default 52

Default CECL Credit Risk 52