Credit Risk Modeling

This is an indispensable guide for credit professionals and risk managers who want to understand and implement modeling techniques for increased profitability. In this one-of-a-kind text, experts in credit risk provide a step-by-step guide to building and implementing models both for evaluating applications and managing existing portfolios. Key topics include:-- Implementing an application scoring system.-- Incorporating economic factors.-- How to set cutoffs and override rules.-- How to evaluate and monitor credit risk model.-- Behavior modeling to manage your portfolio.-- Statistical techniques for choosing the optimal credit risk model.-- Modeling for the sub-prime market.