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Procuring historical loan data is not always easy for banks, and that data is often limited. The loan and delinquency information is used to forecast loss rate calculations. Historical loan delinquency data can also be an effective tool for creating granular loan classifications, enabling banks to categorize loans into different pools. This is essential when estimating CECL.tFor More Information Please visit: https://www.ceclexpress.com/insights/understanding-loan-classifications-under-cecl
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By Vinayak Shetty Address: International Corporate Center, 555 Theodore Fremd Avenue, Suite A102 Rye, NY 10580 Address: International Corporate Center, 555 Theodore Fremd Avenue, Suite A102 Rye, NY 10580 Email: marcus.cree@greenpointglobal.com sanjay@greenpointglobal.com Email: marcus.cree@greenpointglobal.com sanjay@greenpointglobal.com