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Informationen zum Autor 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. Klappentext A concise framework on how financial institutions can improve their risk assessment systemsThe 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. Zusammenfassung 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. 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 ...