Federal Reserve Bank of Philadelphia Consumer Finance Institute: 'Model Risk Under CECL: A Consumer Finance Perspective'
February 13, 2026
February 13, 2026
PHILADELPHIA, Pennsylvania, Feb. 13 (TNSLrpt) -- The Federal Reserve Bank of Philadelphia's Consumer Finance Institute issued a consumer credit working paper by Jose Canals-Cerda in Feb. 2026 entitled "Model Risk Under CECL: A Consumer Finance Perspective."
Here is the abstract:
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We examine the challenges of economic forecasting and model misspecification errors confronted by financial institutions implementing the novel current expected . . .
Here is the abstract:
* * *
We examine the challenges of economic forecasting and model misspecification errors confronted by financial institutions implementing the novel current expected . . .