Reverse Reengineering of Risk
Oct.13, 2008 in
Reverse Reengineering of Risk
When credit-risk scoring came into usage in the 1970s, it ushered in an era of science-based decision making that was primed to end the judgmental and biased lending decisions of the past. As the recent mortgage crisis has exposed, the science of risk scoring needs some tweaking. The industry needs to add critical measures of [...]