An AHP-based approach to credit risk evaluation of mortgage loans
Autor(a) principal: | |
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Data de Publicação: | 2014 |
Outros Autores: | , |
Tipo de documento: | Artigo |
Idioma: | eng |
Título da fonte: | Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
Texto Completo: | http://hdl.handle.net/10400.15/2976 |
Resumo: | Mortgage loans for home purchase require careful analysis by all parties involved in the transaction, and credit-scoring is usually adopted to assist the decision process. From a credit institution standpoint, credit-scoring for mortgage loan risk evaluation becomes even more important in scenarios of economic turbulence and recession, primarily because of the severe restrictions imposed on credit availability that result from reduced access to both money and debt markets and subsequent decreasing liquidity. Employing an AHP – Analytic Hierarchy Process – based approach in the creditscoring system used by one of the major banks in Portugal, this study proposes a methodological framework conceived to adjust trade-offs among evaluation criteria and provide decision makers with a more transparent mortgage risk evaluation system. Practical implications of our framework are also discussed. |
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An AHP-based approach to credit risk evaluation of mortgage loansAHP-based approachCredit-scoringMCDAMortgage loan risk analysisTrade-offsMortgage loans for home purchase require careful analysis by all parties involved in the transaction, and credit-scoring is usually adopted to assist the decision process. From a credit institution standpoint, credit-scoring for mortgage loan risk evaluation becomes even more important in scenarios of economic turbulence and recession, primarily because of the severe restrictions imposed on credit availability that result from reduced access to both money and debt markets and subsequent decreasing liquidity. Employing an AHP – Analytic Hierarchy Process – based approach in the creditscoring system used by one of the major banks in Portugal, this study proposes a methodological framework conceived to adjust trade-offs among evaluation criteria and provide decision makers with a more transparent mortgage risk evaluation system. Practical implications of our framework are also discussed.Taylor & FrancisRepositório Científico do Instituto Politécnico de SantarémFerreira, Fernando A. F.Santos, Sérgio P.Dias, Vítor M. C.2020-07-10T10:44:25Z20142014-01-01T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articleapplication/pdfhttp://hdl.handle.net/10400.15/2976engFerreira, F. A. F., Santos, S. P., & Dias, V. M. C. (2014). An AHP-based approach to credit risk evaluation of mortgage loans. International Journal of Strategic Property Management, 18(1), 38–55. doi: 10.3846/1648715X.2013.8638121648-715X10.3846/1648715X.2013.863812metadata only accessinfo:eu-repo/semantics/openAccessreponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAP2024-01-21T07:34:24Zoai:repositorio.ipsantarem.pt:10400.15/2976Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-20T01:54:50.848475Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse |
dc.title.none.fl_str_mv |
An AHP-based approach to credit risk evaluation of mortgage loans |
title |
An AHP-based approach to credit risk evaluation of mortgage loans |
spellingShingle |
An AHP-based approach to credit risk evaluation of mortgage loans Ferreira, Fernando A. F. AHP-based approach Credit-scoring MCDA Mortgage loan risk analysis Trade-offs |
title_short |
An AHP-based approach to credit risk evaluation of mortgage loans |
title_full |
An AHP-based approach to credit risk evaluation of mortgage loans |
title_fullStr |
An AHP-based approach to credit risk evaluation of mortgage loans |
title_full_unstemmed |
An AHP-based approach to credit risk evaluation of mortgage loans |
title_sort |
An AHP-based approach to credit risk evaluation of mortgage loans |
author |
Ferreira, Fernando A. F. |
author_facet |
Ferreira, Fernando A. F. Santos, Sérgio P. Dias, Vítor M. C. |
author_role |
author |
author2 |
Santos, Sérgio P. Dias, Vítor M. C. |
author2_role |
author author |
dc.contributor.none.fl_str_mv |
Repositório Científico do Instituto Politécnico de Santarém |
dc.contributor.author.fl_str_mv |
Ferreira, Fernando A. F. Santos, Sérgio P. Dias, Vítor M. C. |
dc.subject.por.fl_str_mv |
AHP-based approach Credit-scoring MCDA Mortgage loan risk analysis Trade-offs |
topic |
AHP-based approach Credit-scoring MCDA Mortgage loan risk analysis Trade-offs |
description |
Mortgage loans for home purchase require careful analysis by all parties involved in the transaction, and credit-scoring is usually adopted to assist the decision process. From a credit institution standpoint, credit-scoring for mortgage loan risk evaluation becomes even more important in scenarios of economic turbulence and recession, primarily because of the severe restrictions imposed on credit availability that result from reduced access to both money and debt markets and subsequent decreasing liquidity. Employing an AHP – Analytic Hierarchy Process – based approach in the creditscoring system used by one of the major banks in Portugal, this study proposes a methodological framework conceived to adjust trade-offs among evaluation criteria and provide decision makers with a more transparent mortgage risk evaluation system. Practical implications of our framework are also discussed. |
publishDate |
2014 |
dc.date.none.fl_str_mv |
2014 2014-01-01T00:00:00Z 2020-07-10T10:44:25Z |
dc.type.status.fl_str_mv |
info:eu-repo/semantics/publishedVersion |
dc.type.driver.fl_str_mv |
info:eu-repo/semantics/article |
format |
article |
status_str |
publishedVersion |
dc.identifier.uri.fl_str_mv |
http://hdl.handle.net/10400.15/2976 |
url |
http://hdl.handle.net/10400.15/2976 |
dc.language.iso.fl_str_mv |
eng |
language |
eng |
dc.relation.none.fl_str_mv |
Ferreira, F. A. F., Santos, S. P., & Dias, V. M. C. (2014). An AHP-based approach to credit risk evaluation of mortgage loans. International Journal of Strategic Property Management, 18(1), 38–55. doi: 10.3846/1648715X.2013.863812 1648-715X 10.3846/1648715X.2013.863812 |
dc.rights.driver.fl_str_mv |
metadata only access info:eu-repo/semantics/openAccess |
rights_invalid_str_mv |
metadata only access |
eu_rights_str_mv |
openAccess |
dc.format.none.fl_str_mv |
application/pdf |
dc.publisher.none.fl_str_mv |
Taylor & Francis |
publisher.none.fl_str_mv |
Taylor & Francis |
dc.source.none.fl_str_mv |
reponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação instacron:RCAAP |
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Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação |
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RCAAP |
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RCAAP |
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Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
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Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
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Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação |
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1799137038277017600 |