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What is the difference between planning, budgeting and forecasting for a business?

Spreadym

Risk Assessment and Management: Identify potential financial risks and develop risk management strategies. This includes evaluating market risks, credit risks, operational risks, regulatory risks, and other factors that may impact the business's financial stability.

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Transcript: Sean Dobson, Amherst Holdings

Barry Ritholtz

And up until that moment in time, we didn’t spend a lot of time on credit risk in mortgages. We didn’t really have to model credit risk because that was, that risk was taken by the agencies. But in these private labels, you had the, the market was taking the credit risk.