Prepayment Model for Student Loans
We’ve recently developed a prepayment model for student loans as part of our client’s CECL calculation. In this article, we aim to discuss two challenges enc...
Recent Posts
Credit Risk Models
What is Credit Risk Credit risk refers to the potential risk of loss that arises from a borrower’s failure to repay a debt obligation as agreed. It is the ri...
Model Validation
All the models are wrong, but some are useful. — George Box
Stress Test – CCAR and DFAST
Overview The Dodd-Frank Act Stress Test (DFAST, aka stress test) and Comprehensive Capital Analysis and Review (CCAR) are two primary components of the Fede...
SAS to Python: Different Length of Special Characters
I would like to share the difference between SAS and Python in dealing with special characters in this artical. Please note that this article is not a compre...
SAS to Python: Read Binary Numerical Data
In this article we will discuss the difference in reading binary numerical data between SAS and Python.
SAS to Python: Read Data
As much as we love SAS, we cannot deny the trend that Python is replacing SAS in a very fast pace. In this article we will discuss how to use Python to read ...