FICO Profiles the Strategic Defaulter

Day: April 26, 2011

FICO Profiles the Strategic Defaulter

FICO Profiles the Strategic Defaulter

The credit assessment firm FICO says it’s developed a method, using consumer behavior analytics, that will allow lenders to identify borrowers who are a risk for strategic default. As home prices began heading further and further south, the term “strategic default” made its way into industry jargon…and into the minds of lending and servicing professionals…  Continue Reading

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