Credit Risk Modeling: Design and Application (Glenlake business monographs)
| Author | : | |
| Rating | : | 4.20 (769 Votes) |
| Asin | : | 157958005X |
| Format Type | : | paperback |
| Number of Pages | : | 350 Pages |
| Publish Date | : | 2016-11-07 |
| Language | : | English |
DESCRIPTION:
"Basic but good." according to Soren G. Brockdorf. I agree with everyone else, but they are comming from a different point of view than the person that would benefit from this book.This book is very nicely done for the beginner who wants to read his first book on credit risk.Even for me I found some information in it that was extremely beneficial; it will probbaly save our corporation a great deal of money.. A Customer said A good apologia for FICO. This book describes how the US mortgage and credit card industries approach modeling, from the industry standard practioners point of view. It is best read by those familiar with the industry. It ignores the potential of current thinking outside industry standard practices. However, everyone interested in the subect needs to know the way FICO does it; they are the standard.. A Customer said This is a very good update of the field. The title says "Design and Application"; the book serves the title very well. Concise, loaded with different angles. Some writers' names are big in other fields. Surprisingly, a good economist's review is also included, Mark Z's. I once reviewed about 90 relevant publications in the credit scoring field for my thesis project. One impression was the literature was fragmented and heavily European oriented. This book clearly inte
. About the Author Elizabeth Mays is the Director of Risk Modelling for Citigroup’s Consumer Asset Division
Key topics include: implementing an application scoring system; behavior modeling to manage your portfolio; incorporating economic factors; statistical techniques for choosing the optimal credit risk model; how to set cutoffs and override rules; modeling for the sub-prime market; and how to evaluate and monitor your credit risk model.. This is an indispensable guide for credit professionals and risk managers who want to understand and implement modeling techniques for increased profitability. In this unique text, experts in credit risk provide a step-by-step guide to building and implementing models both for evaluating applications and managing existing portfolios
. Elizabeth Mays is the Director of Risk Modelling for Citigroup’s Consumer Asset Division