Preface ix chapter 1 Unpacking the Financial Crisis 1 chapter 2 The Case for a Comprehensive Credit Assessment Framework 41 chapter 3 The Lender and the Underwriting Gap 107 chapter 4 The Borrower and Loan Affordability 161 chapter 5 The Investor and Financial Innovation 207 chapter 6 Crisis Intervention and Prevention 255 Index 301
CLARK ABRAHAMS is Chief Financial Architect at SAS, where he leads business and product development. He has over thirty years of experience in the financial services industry with corporations including Bank of America and Fair Isaac Corporation. MINGYUAN ZHANG, PhD, is Principal Consultant at SAS. He has over ten years of experience in developing and implementing economic forecasting, data mining, and financial risk management solutions for thefinancial services industry.