TITLE

CALL IT A 'GREEN' FICO

AUTHOR(S)
Sausner, Rebecca
PUB. DATE
July 2008
SOURCE
Bank Technology News;Jul2008, Vol. 21 Issue 7, p18
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article discusses the impact of automated environmental assessment dubbed as Enviroscore, which was developed by Diane Baum. Enviroscore will change commercial lenders' decision-making process when it comes to measuring the environmental risk of a suggested transaction. It shortens the number would borrowers have to spend on the compulsory Phase 1 environmental assessment of a property. Assessments on commercial loans are a risk management demand since the lender is viewing down the road.
ACCESSION #
33355325

 

Related Articles

  • REAL ESTATE FINANCE. Pierro, William J. // ABA Banking Journal;Sep92, Vol. 84 Issue 9, p26 

    Focuses on the phase I and II environmental site assessments required by commercial lenders to clients prior to financing in the U.S. Reaction of the lawyers and property owners on the implementation of phase II; Importance for environmental consultant to understand the report used in closing...

  • Risk management in environmental geotechnical modelling. Tammemäe, Olavi; Torn, Hardi // Geologija;Mar2008, Issue 61, p44 

    The objective of this article is to provide an overview of the basis of risk analysis, assessment and management, accompanying problems and principles of risk management when drafting an environmental geotechnical model, enabling the analysis of an entire territory or developed region as a...

  • WANTED: MORE ENVIRONMENTAL LIABILITY INSURANCE.  // Risk Management (00355593);Mar95, Vol. 42 Issue 3, p9 

    The biggest liability risk for environmental engineers and consultants is preliminary site assessment. In order to provide for the growing number of environmental professionals with a product that meets their needs, DPIC Companies Inc. has just created its own Environmental Consultants Advisory...

  • What Lenders LOOK FOR. RUTHERFORD, BURT // BEEF;Mar2011, Vol. 47 Issue 7, p66 

    The article focuses on loans for the cattle industry operators. It states that moneylenders have raised their standards for granting cattle loans due to recent economic downturn, and banks have reduced their lending capital. Danny Klinefelter, professor at Texas A&M University says, lenders are...

  • What Commercial Lenders Can Learn from Residential Mortgage Lenders. Shaw, Brian // Commercial Lending Review;Mar2010, Vol. 25 Issue 2, p17 

    The article looks at the lessons that commercial lenders in the U.S. can learn from residential mortgage lenders who had faced consumer mortgage crisis. It stresses the importance of implementing proper risk mitigation and understanding the trend of basic supply to the business development of...

  • Business Controls and Risk Analysis in Commercial Lending. Krohn, Mikael // Credit Control;2010, Vol. 31 Issue 1, p29 

    The article offers information on the business controls and risk analysis of commercial lending in Great Britain. According to the author, the global financial crisis has made efficient risk management a significant element and differentiator for commercial lending operations. The author noted...

  • AN EMERGING MARKET. Hardy, Alison; Ward, Charlotte // EG: Estates Gazette;7/16/2011, Issue 1128, p70 

    The article discusses the important elements and structure of data center space lettings and the future of this sector. Data centers provide uninterrupted resilient services as well as services that represent the difference between the letting of technical and traditional real estates. Data...

  • MANAGEMENT OF ACCIDENTAL FLOODING RISKS. Badaluta-Minda, Codruta; Cretu, Gheorghe // Environmental Engineering & Management Journal (EEMJ);Apr2010, Vol. 9 Issue 4, p535 

    Accidental floods, occurred due to the failure of flood defence river work systems, must have a specific management, in order to allow reduction of flood negative effects. Floods appeared in the last years in many countries and those consequences lead to a new approach, meaning, flood risk...

  • Regulating Catastrophic Risks by Standards. Marta Simoncini // European Journal of Risk Regulation;2011, Vol. 2 Issue 1, p37 

    The article discusses the role played by standards of protection in regulating catatrophic risks. It focuses on environmental risks and terrorism that greatly affect the common good for both areas of environment and national security. It analyzes the administrative process of formulating...

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics