Why is it more difficult to estimate the value at risk for a portfolio of loans rather

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Why is it more difficult to estimate the value at risk for a portfolio of loans rather than for a single loan? Why did this pose a problem for rating agencies that needed to assess the risk of packages of mortgage loans before the financial crisis?

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Mergers, Acquisitions, and Other Restructuring Activities An Integrated Approach to Process, Tools,

ISBN: 978-0123854858

6th Edition

Authors: Donald m. depamphilis

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Posted Date: May 01, 2021 07:31 AM

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Why is it more difficult to estimate the value at risk for a portfolio of loans rather

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Mergers, Acquisitions, and Other Restructuring Activities An Integrated Approach to Process, Tools,

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