Examples of Scoring Models in a sentence
Client understands that Data Providers/FICO warrants that the FICO/Vantage Scoring Model are empirically derived and demonstrably and statistically sound and that to the extent the populations to which the FICO/Vantage Scoring Models are applied is similar to the population sample on which the FICO/Vantage Scoring Models were developed, the FICO/Vantage score may be relied upon by Client to rank consumers in the order of the risk of unsatisfactory payment such consumers might present to Clients.
Credit Scoring Models- use features of the entity (e.g. accounting ratios) to assign a score that represents the likelihood of insolvency.
OCC Bulletins 1997-24, “Credit Scoring Models: Examination Guidance,” and 2011-12, “Sound Practices for Model Risk Management: Supervisory Guidance on Model Risk Management,” and appendix H of this booklet, “Credit Scoring and Development of Scoring Models,” provide additional useful information.
See National Association of Realtors, “HUD Secretary Tells Realtors that FHA is Exploring Alternative to Credit Scoring Models to Expand Mortgage Access,” news release, April 1, 2015, at http://www.realtor.org/news-releases/2015/04/hud-secretary-tells-realtors-fha-is- exploring-alternative-credit-scoring-models-to-expand-mortgage.
OCC Bulletins 1997-24, “Credit Scoring Models: Examination Guidance,” and 2011-12, “Sound Practices for Model Risk Management: Supervisory Guidance,” provide additional guidance concerning credit scoring and other models.
In the third essay (Credit Scoring Models as Predictors of Farm Loan Delinquency), determinants of delinquency of loans to farms are examined.
OCC Bulletins 1997-24, “Credit Scoring Models: Examination Guidance,” and 2011-12, “Sound Practices for Model Risk Management: Supervisory Guidance on Model Risk Management,” provide guidance for scorecard management.
Using Data Mining to Improve Assessment of Credit Worthiness Via Credit Scoring Models." Expert Systems with Applications 38.10.
OCC Bulletin 1997-24, “Credit Scoring Models: Examination Guidance,” and OCC Bulletin 2011-12, “Sound Practices for Model Risk Management: Supervisory Guidance,” provide guidance for scorecard management.
By guaranteeing a minimum crop yield, these programs were essentially insuring against all possible causes of poor crop yield, a virtually endless list of risks.