Backtesting credit var

[asolish]

hi.
Im not sure if the subject has been touched here before, but, what are the common practices for credit var backtesting when it comes to a loans portfolio?
any suggested literature?

thanks a lot,
a

 

[David Harper CFA FRM]

a,

This question http://forum.bionicturtle.com/viewthread/1409/
... refers to the backest (same as Basel backtest of market risk VaR) that uses a binomial distribution

David