Credit risk assessment : the new lending system for borrowers, lenders, and investors /
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...
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| Format: | eBook |
| Language: | English |
| Published: |
Hoboken, N.J. :
Wiley,
©2009.
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| Series: | Wiley and SAS business series.
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| Subjects: | |
| Online Access: | Connect to the full text of this electronic book |
| Summary: | 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. |
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| Physical Description: | 1 online resource (xiii, 306 pages) : illustrations |
| Bibliography: | Includes bibliographical references and index. |
| ISBN: | 9781119202769 1119202760 9780470500330 0470500336 9780470500354 0470500352 9780470500347 0470500344 1282684272 9781282684270 |