How severe is the current sub-prime mortgage crisis? To be sure there are a lot of moving parts. I was thinking of a good analogy and came up with one that looks at risk of disease (versus risk of foreclosure). But first, some introductory remarks and an assertion. The subprime [...]
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.