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Publication Detailed Description
Readjusting trade-offs among criteria in internal ratings of credit scoring: an empirical essay of risk analysis in mortgage loans
Journal Title
Journal of Business Economics and Management
Year (definitive publication)
2013
Language
English
Country
Lithuania
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Abstract
Credit-scoring becomes increasingly important in poor economies and recessions. Decreasing liquidity due to reduced access to both money and debt markets has induced banks to impose restrictions on offering credit, including credit for mortgage loans. In this paper we analyze the internal rating system used by one of the top-five banks in Portugal, and propose a methodological framework which, based on an application of the Delphi technique, allows adjusting trade-offs among evaluation criteria and provides decision makers with a fairer, more accurate and transparent mortgage risk evaluation system.
Acknowledgements
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Keywords
Credit-scoring; Delphi technique; Evaluation criteria; Mortgage loan; Risk analysis; Trade-offs
Fields of Science and Technology Classification
- Economics and Business - Social Sciences
