Mortgage loans evaluation using Markov chains analysis
Markov Chains analysis is believed to be the best method for evaluating existing mortgage loans since it can predict the future state of a system even if the system is undergoing frequent transitions among a number of states.A Pascal program was made to expedite the process of changing raw data into...
Saved in:
| Main Authors: | , |
|---|---|
| Format: | text |
| Language: | English |
| Published: |
Animo Repository
1990
|
| Subjects: | |
| Online Access: | https://animorepository.dlsu.edu.ph/etd_bachelors/16323 |
| Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
| Institution: | De La Salle University |
| Language: | English |
| Summary: | Markov Chains analysis is believed to be the best method for evaluating existing mortgage loans since it can predict the future state of a system even if the system is undergoing frequent transitions among a number of states.A Pascal program was made to expedite the process of changing raw data into probability states that would generate a probability result of whether the loan would be paid-up or charged off, taking into account the personal analysis of the loan officer. The program is menu-driven so it could easily be accessed. The outcome of the analysis could be presented either on screen or on paper as specified on the menu. |
|---|