What is a cumulative default rate
Constant Default Rate - CDR: An annualized rate of default on a group of mortgages, typically within a collateralized product such as a mortgage-backed security (MBS). The constant default rate What is the abbreviation for Cumulative Default Rate? What does CDR stand for? CDR abbreviation stands for Cumulative Default Rate. Default rate is the number of defaults a company has compared to the number of loans it has outstanding. The default rate shows the percentage of loans that were defaulted on over a specific period. Usually the period analyzed is monthly, quarterly, semi-annually or annually. The higher the default rate a company has, the worse it is at issuing