The Negative Equity Dilemma

FICO Inc. this spring conceived a scoring tool that identifies the type of borrower most likely to strategically default. In addition, placed against a lender’s customer base, the tool can narrow at-risk borrowers to a list of names. You Walk Away was formed by a former mortgage broker more than three years ago and has seen business jump lately.

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The Negative Equity Dilemma

FICO Inc. this spring conceived a scoring tool that identifies the type of borrower most likely to strategically default. In addition, placed against a lender’s customer base, the tool can narrow at-risk borrowers to a list of names. You Walk Away was formed by a former mortgage broker more than three years ago and has seen business jump lately.

View full post on Mortgage Stories

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Related Video Search