https://www.gsb.stanford.edu/faculty-research/working-papers/loan-portfolio-risk-capital-adequacy-new-approach-evaluating
Loan Portfolio Risk and Capital Adequacy: A New Approach to Evaluating the Riskiness of Banks |...
We develop a Loan Portfolio Risk (LPR) variable that measures time-varying volatility in default risk for a portfolio of bank loans. An Equity-to-LPR ratio...
https://siepr.stanford.edu/publications/working-paper/mortgage-guaranties-housing-choice-and-borrower-riskiness-evidence-va
Mortgage guaranties, housing choice, and borrower riskiness evidence from the VA home loan program...