Let's take a look at the design and implementation of SAS functions in financial calculations. We'll do this through examples calculating and analyzing the monthly payment, interest, and principal for CPM/CAM mortgages.
Tag: mortgage
SAS financial functions review and mortgage payment analysis
CFPB interview: Product development in the era of regulatory unrest
One of the most widely attended sessions at the BAI Retail Delivery conference was a Q&A hosted by John Colas, Partner at Oliver Wyman. Colas was interviewing David Silberman, the Assistant Director, Deposit and Payment Markets Consumer Financial at the Consumer Financial Protection Bureau (CFPB). As you can imagine, there
Union Bank uses SAS Credit Scoring to keep at-risk loans from default
Although midsize US banks do not need to follow the Basel II accord, some choose to. And as Hans Helbekkmo, Chief Risk Officer for San Francisco-based Union Bank, told guests at April’s SAS Global Forum Executive Conference, the decision to follow the Basel II requirements using a transparent, in-house approach