Forum
|
|
Forum
|
     | Sunday, March 19, 2000 - 02:52 pm  Subject: [Fwd: Credit scoring studies] Date: Sun, 19 Mar 2000 19:44:16 -0500 From: Greg Fisher <gfisher@erinet.com> To: Michelle Singletary <singletarym@washpost.com> CC: writersgrp@washpost.com Ms. Singletary: I read your article concerning credit scoring which appeared today. Would you please forward this to Kenneth Harney? (posted to a forum at bayhouse.com/discus named Credit: CATEGORY: Credit FICO Scoring: Validation, studies) -------- Original Message -------- Subject: Credit scoring studies Date: Thu, 02 Mar 2000 19:40:53 -0500 From: Greg Fisher <gfisher@erinet.com> To: writersgrp@washpost.com General E-mail: writersgrp@washpost.com The Washington Post Writers Group Please forward this to Kenneth Harney. Dear Mr. Harney: Recently, an article you wrote about a company releasing credit scores to consumers was referred to on the National Mortgage News Implications of Credit Scoring message board. This is the specific quote: "Independent studies of the FICO scores for tens of thousands of borrowers by Freddie Mac and Fannie Mae have confirmed their value as predictors of payment defaults." At the FTC's credit scoring forum in July, 1999, a Freddie Mac representative mentioned a Federal Reserve study about scoring. http://www.creditscoring.com/pages/forumtranscript.htm#page84 The report of that study was removed from the the Federal Reserve's web site, but I obtained a paper copy of it. In that report, the authors performed a study using something called "The Mortgage Score." The Mortgage Score is described by the study's authors as "developed by Equifax on the basis of the credit records of mortgagors and the payment performance on their mortgage accounts." Is that one of the studies to which you were referring? Would you give us the names and authors of the studies? Thank you. Greg Fisher http://creditscoring.com emailed to The Washington Post Writers Group and posted to the National Mortgage News Implications of Credit Scoring message board
|
Credit Forum CreditCourt Forum 2003 Credit Suit CreditFactors Order Credit Reports |