02927nam 2200697 a 450 991014059440332120170913173939.00-470-50035-21-119-20276-01-282-68427-297866126842720-470-50033-6(CKB)2670000000014671(EBL)514325(OCoLC)630114680(SSID)ssj0000358480(PQKBManifestationID)12126576(PQKBTitleCode)TC0000358480(PQKBWorkID)10376917(PQKB)11606646(PQKBManifestationID)16035714(PQKB)22419543(MiAaPQ)EBC514325(DLC) 2015299048(EXLCZ)99267000000001467120081229d2009 uy 0engur|n|---|||||txtccrCredit risk assessment[electronic resource] the new lending system for borrowers, lenders, and investors /Clark Abrahams, Mingyuan ZhangHoboken, N.J. Wileyc20091 online resource (323 p.)Wiley & SAS business seriesDescription based upon print version of record.0-470-46168-3 Includes bibliographical references and index.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.""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 marWiley and SAS business series.CreditManagementConsumer creditManagementBank loansManagementRisk managementElectronic books.CreditManagement.Consumer creditManagement.Bank loansManagement.Risk management.332.785.33bclAbrahams Clark R.1951-929530Zhang Mingyuan1960-929531MiAaPQMiAaPQMiAaPQBOOK9910140594403321Credit risk assessment2089454UNINA