Credit Risk Assessment

From Open Risk Manual

Definition

Credit Risk Assessment. A risk assessment that focuses on determining the likelihood of a potential borrower repaying a loan

If the risk assessment is based on one of the automated underwriting sytems, then the underwriting automation category is 'automated'. This dependency could be automated (as it were).

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This entry annotates a FIBO Ontology Class. FIBO is a trademark and the FIBO Ontology is copyright of the EDM Council, released under the MIT Open Source License. There is no guarantee that the content of this page will remain aligned with, or correctly interprets, the concepts covered by the FIBO ontology.

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