Credit Risk Assessment

The New Lending System for Borrowers, Lenders, and Investors
1. Auflage 2009
ISBN: 978-0-470-46168-6
Verlag: Wiley

Buch, Englisch, 320 Seiten, Format (B × H): 157 mm x 235 mm, Gewicht: 621 g

A concise framework on how financial institutions can improve their risk assessment systems

The subprime crisis in the United States has prompted companies worldwide to improve their lending systems. Credit Risk Assessment: The New Lending System for Borrowers, Lenders, and Investors provides a comprehensive credit assessment framework to show how to classify credit risk in an effective, transparent, and forward-looking manner in order to advance the current system and prevent future financial disruptions. Discussion is included on how this new framework can embrace all relevant factors and business contexts to adequately evaluate and balance risk to lenders and investors and affordability for borrowers.

Clark Abrahams (Cary, NC) is Chief Financial Architect at SAS, where he leads business and product development. Mingyuan Zhang (Cary, NC) is a solution architect for SAS Financial Services.

Autoren/Hrsg.

Abrahams, Clark R

Zhang, Mingyuan

Fachgebiete

• Wirtschaftswissenschaften Finanzsektor & Finanzdienstleistungen Unternehmensfinanzierung
• Wirtschaftswissenschaften Betriebswirtschaft Management Risikomanagement
• Wirtschaftswissenschaften Finanzsektor & Finanzdienstleistungen Bankwirtschaft
• Wirtschaftswissenschaften Betriebswirtschaft Unternehmensfinanzen Finanzierung, Investition, Leasing

Inhaltsverzeichnis

Preface ix

chapter 1 Unpacking the Financial Crisis 1

chapter 2 The Case for a Comprehensive Credit Assessment Framework 41

chapter 3 The Lender and the Underwriting Gap 107

chapter 4 The Borrower and Loan Affordability 161

chapter 5 The Investor and Financial Innovation 207

chapter 6 Crisis Intervention and Prevention 255

Index 301

Über Autor(innen)

CLARK ABRAHAMS is Chief Financial Architect at SAS, where he leads business and product development. He has over thirty years of experience in the financial services industry with corporations including Bank of America and Fair Isaac Corporation.

MINGYUAN ZHANG, PHD, is Principal Consultant at SAS. He has over ten years of experience in developing and implementing economic forecasting, data mining, and financial risk management solutions for the financial services industry.