CECL reporting adds transparency for investors | Auto Finance News | Auto Finance News

CECL reporting adds transparency for investors

Increased loss reserves from Current Expected Credit Losses (CECL) requirements, and the resulting transparency required from auto lenders, could ease investor concerns over the  coronavirus’ impact on credit losses said Mark Zandi, chief economist at Moody’s Analytics, during a webinar presentation on Monday. “CECL will lead to better transparency across the financial system and make […]

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