Assessing a Knowledge-Based Approach to Commercial Loan Underwriting

Topics:
Commercial Lending
Tags:
Approach,
Software,
Moody's Corp.,
Management,
Knowledge,
Inference Mechanism,
Expert System,
Enterprise Software,
Decision Support,
Databases,
...
Source:
Moody’s

FREE Registration is required

Overview: This article talks about the challenges in developing decision support tools for commercial underwriting and describe how several different approaches to the underwriting problem have been addressed in practice. It describe an expert system based approach to credit underwriting that has been in commercial usage for over five years in a variety of financial institutions. The expert system approach addresses many features of the underwriting process that alternative approaches do not. The system is characterized by a functional representation of knowledge and a graph-based inference mechanism. The inference mechanism is unique in its pragmatic approach to the treatment of uncertainty. This approach offers flexibility for modeling various aspects of real world credit decisions not always well treated by traditional approaches.

(Is this item miscategorized? Does it need more tags? Let us know.)

Format: PDF | Size: 353KB | Date: Oct 2000 | Pages: 22

People who downloaded this item also downloaded

Tools & Templates Commercial Loan Calculator
Tools & Templates Commercial Loan Checklist
White Paper The Underwriting Cycle: The Rule of Six
White Paper Bank Loan-Underwriting Practices: Can Examiners' Risk Assessments Contribute to Early-Warning Systems
White Paper Banks Link Mortgage Origination to Automated UnderwritingTechnology

Top results from Commercial Lending

White Paper Does Bank Lending Affect Output? Evidence from the U.S. States
White Paper What Did the Credit Market Expect of Argentina Default? Evidence from Default Swap Data
White Paper New Evidence on the Interest Rate Effects of Budget Deficits and Debt
White Paper Consumption, Debt and Portfolio Choice: Testing the Effect of Bankruptcy Law
White Paper Small Business Loan Turndowns, Personal Wealth and Discrimination

» View all Commercial Lending listings

advertisement
advertisement
  • Click Here
  • Click Here
  • Click Here
advertisement

Returning users: Log In Here!

Already registered on BNET, TechRepublic, or ZDNet? Simply log in.

Free Membership: Sign Up Now!

Sign up for a free membership today and get instant and unlimited access to one of the largest databases of white papers, webcasts, and casestudies anywhere. Your FREE membership allows you to:

  • Download an unlimited amount of content, including classic and current white papers, case studies, webcasts and more
  • Track content on your chosen topics of interest
  • Receive targeted email alerts when your favorite content is added
  • Save content for future reading
  • Receive our member newsletter

When you register to access this directory, you become a member of BNET. In addition, you allow us to share your information with companies that produce products or services featured in the library--so that such companies may contact you with information and offers regarding their products and services. This enables us to keep the library a free service. As a directory registrant, you will receive a complimentary subscription to the BNET member newsletter, The BNET Report. You can unsubscribe from this newsletter at any time. By clicking the Sign up button, you indicate that you agree to our Terms and Conditions and have read and understand our Privacy Policy (updated).