Credit risk is defined as the risk that borrowers will fail to pay its loan obligations. In recent years, a large number of banks have developed sophisticated systems and models to help bankers in quantifying, aggregating and managing risk. The outputs of these models also play increasingly...

Purpose: Considered the largest investment for most households, buying a house requires careful and transparent analysis by all parties involved in the transaction. The aim of this paper is to propose a methodological framework allowing for the readjustment of trade-offs among risk evaluation...