question for the libs on here

[MikeWaters]

Originally Posted by FMCoug

Answers to #1 and #2. It' not in home loans per se, but I built a model a few years ago that dealt with assigning credit ratings to thos who receive collect calls from correctional facilities (I'm not kidding). Not surprisingly, demographic data including location was a big part of that model. It resulted in reducing bad debt by over 40% and there is a patent on it. Good enough?

Which part of your psychology research has to do with this, IT, or any other host of things you think you know all about on this board?

As to #3, my point was that forcing "affordable housing loans" on the banks is what created the sub-prime market.

even in your "perfect" example, you say location was a "big" part of it, meaning that in no way was it all of it, and a model that only used location was not nearly as robust as a model that used location and many other factors.

I hope it's not too insulting for me to interpret your own work for you.