Joanne Gaskin Joanne Gaskin is the senior director of scores and analytics at FICO. Ms. Gaskin oversees the FICO Scores regulatory practice and is responsible for the strategic direction of FICO’s analytic solutions and partnerships serving the mortgage industry. Prior to joining FICO, Ms. Gaskin served as President and CEO of Auto Club Trust FSB, and Executive Vice President with Michigan National Bank.
[Expert commentary] Tucked into the U.S. Senate’s recently passed financial regulatory reform bill is a provision that has nothing to do with regulatory relief for community banks, freeing up capital in financial institutions, or enhancing consumer protections. FICO explains what it thinks a credit-bureau generated credit score would mean for mortgage finance.
[Expert Commentary] Americans who don’t have a FICO Score present both an opportunity and a challenge for lenders. Some lenders are asking can scoring trended data, or more accurately trended credit bureau data, as some credit score companies claim, actually help expand credit access to these consumers? The short answer is no and here’s why.
HUD’s objectives are sometimes distributed by factors ranging from politics, socio-economic disparities and even natural disasters. When American homeowners fall victim to any of these elements, HUD is not only there to offer a helping hand, but often serves as the tool that leads to recovery.