Why is modernizing necessary? This Modernizing Appraisal series is about the analysis process, not the reporting revisions –(New URAR, UAD3.6). We step through: scope, data, and ”adjustments.” It sets today’s path to competence, using data science with artificial intelligence. […]
Bank lending risk comprises borrower credit and liquidity, and those related to the interest rate, operational, business) issues, and market reversal. Market (trend) problems typically only become important when other risks trigger foreclosures. But trend declines can trigger the other four main risks. Market risk is now the highest it has been in many years. […]