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...
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| Main Authors: | , |
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| 格式: | text |
| 語言: | English |
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Animo Repository
1990
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| 在線閱讀: | https://animorepository.dlsu.edu.ph/etd_bachelors/16323 |
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| 機構: | De La Salle University |
| 語言: | English |
| 總結: | 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. |
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