Performance Metrics
CDR
Also known as: constant default rate
status: draft
Constant default rate. An annualized default speed used to model how quickly assets default over time.
What to watch
Ask how CDR is calculated, whether it is gross or net of recoveries, and whether it matches the asset class convention.
Referenced in 49 topics
ABF as an asset class for portfolio construction playbooks ABF vs. traditional lending (when ABF makes sense, when it doesn't) foundations Auto loans and leases asset-classes BNPL receivables asset-classes Bridge / fix-and-flip asset-classes Cash flow modeling accounting-valuation Collateral analysis accounting-valuation Collateral analytics checklist appendix CRE CLOs asset-classes Credit analysis accounting-valuation Credit card receivables asset-classes Credit funds and private capital capital-sources Data validation and quality accounting-valuation DSCR investor loans asset-classes Education and vocational receivables asset-classes Equipment leases and loans asset-classes Evaluating a credit fund's ABF strategy playbooks Evaluating portfolio quality and performance playbooks Forward flow agreements structures Home equity and helocs asset-classes Mark-to-model practices accounting-valuation Market data and public datasets market-landscape Marketplace lending and fintech-originated asset-classes Middle market CLOs asset-classes Non-agency RMBS / non-QM / investor-purpose asset-classes Non-QM lending asset-classes Ongoing portfolio management (capital provider) playbooks Ongoing reporting and surveillance operations-lifecycle Performance metrics accounting-valuation Performance reporting operations-lifecycle Personal / unsecured consumer loans asset-classes Portfolio surveillance operations-lifecycle Portfolio valuation accounting-valuation Powersports (RV, marine, motorcycle) asset-classes Preparing your data room playbooks Prime jumbo asset-classes Sample waterfall appendix Servicing covenants mechanics Small business loans (including SBA 7(a)) asset-classes Solar / renewable energy (PACE, PPA, solar loan) asset-classes Student loans (federal and private) asset-classes Term securitization (ABS/MBS) structures The economics of ABF for originators (worked examples) playbooks The waterfall mechanics Valuation methodologies accounting-valuation Warehouse facilities structures What capital providers care about playbooks Wind-down lifecycle-events Your loan tape: what lenders actually look at playbooks