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Decision
system construction, validation and regulatory review. |
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To
contact us: |
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Independent validation of scoring models is strongly encouraged, if not mandated, in the regulations shown to the
left. The regulation requires
comparison against other models and real world outcomes. Comparison of this sort requires an experienced
practitioner. Freddie Mac introduced the industry to Loan
Prospector in July 1995. Today, finding practitioners with eight years experience in the field is rare. Don Wilson, a founder of MDT, implemented his
initial mortgage scoring system in early 1994. He has constructed scoring systems for both
prime and sub-prime mortgage companies.
He served as Chief Credit Officer for a subprime lender and as Sr.
Vice President of Mortgage Scoring for a top three mortgage originator.
Mr. Wilson will either
perform or personally supervise and carefully review each validation
conducted by MDT. His perspective on
mortgage scoring issues, system development, validation of working models and
actual outcomes adds value to model validation that is not available from
“large / well known” consulting or auditing firms. |
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Management Consulting Services |
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Mortgage Decision Technologies, Inc. |
