1.

Record Nr.

UNINA9911020451503321

Autore

Abrahams Clark R. <1951->

Titolo

Credit risk assessment : the new lending system for borrowers, lenders, and investors / / Clark Abrahams, Mingyuan Zhang

Pubbl/distr/stampa

Hoboken, N.J., : Wiley, c2009

ISBN

9786612684272

9780470500354

0470500352

9781119202769

1119202760

9781282684270

1282684272

9780470500330

0470500336

Edizione

[1st ed.]

Descrizione fisica

1 online resource (323 p.)

Collana

Wiley & SAS business series

Classificazione

85.33

Altri autori (Persone)

ZhangMingyuan <1960->

Disciplina

332.7

Soggetti

Credit - Management

Consumer credit - Management

Bank loans - Management

Risk management

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Description based upon print version of record.

Nota di bibliografia

Includes bibliographical references and index.

Nota di contenuto

Unpacking the financial crisis -- The case for a comprehensive credit assessment framework -- The lender and the underwriting gap -- The borrower and loan affordability -- The investor and financial innovation -- Crisis intervention and prevention.

Sommario/riassunto

""Clark and Mingyuan start with an insightful and comprehensive description of how market participants contributed to the current crisis in the residential mortgage markets and the root causes of the crisis. They then proceed to develop a new residential mortgage lending system that can fix our broken markets because it addresses the root causes. The most impressive attributes of their new system is its commonsense return to the basics of traditional underwriting,



combined with factors based on expert judgment and statistics and forward-looking attributes, all of which can be updated as mar