~Contributed by Mingyuan Zhang, Loss Forecasting~ Two traditional approaches, net flow rates and vintage curves, have been used widely as simple tools in loss forecasting. Net flow rates can depict the change of loan or accounts from one delinquency status to another in a given month for a specified future [...]
About this blog
Clark Abrahams has been with SAS for a decade. A 2011 NACD Governance Fellow, Clark previously worked three decades in various management positions dealing with credit, risk and finance, culminating in a bank executive role reporting directly to the board. He currently serves on the PERC Advisory Board. Clark is a strong proponent of high-performance analytics (HPA), which he envisions will enable quantum leaps in business strategy, problem-solving and decision-making. Clark has been awarded six patents and has six more in the works. Clark has co-authored several books on risk, complinace and decision making:
Fair Lending Compliance: Intelligence and Implications for Credit Risk Management
Credit Risk Assessment: The New Lending System
The Risk of Investment Products - From Product Innovation to Risk Compliance
Director Decision Making -- A Sensible Approach
See and hear Clark discuss a new lending system in this RMA " Journal Interview" video.
Follow Clark on Twitter as CRAbrahams.