Posts by John Straka
by June 22, 2012,
Customer Management
Recently we released a white paper that emphasizes the need for
better, more granular indicators of local home-market conditions
and borrower home equity, with a very interesting new finding on
leading indicators in local-area credit statistics. Click
here to download the white paper Home-equity...read more
by February 21, 2012,
Customer Management
Part II: Where are Models Most Needed Now in Mortgages?
(Click here if you missed Part I of this post.) A first important
question should always be are all of your models, model uses, and
model testing strategies, and your non-model processes, sound and
optimal for your business? But in today’s...read more
by February 14, 2012,
Risk Management
Part I: Types and Complexity of Models, and Unobservable or Omitted
Variables or Relationships Since the financial crisis, it’s not
unusual to read articles here and there about the “failure of
models.” For example, a recent piece in Scientific American
critiqued financial model “calibration,”...read more
by October 7, 2011,
- by John Straka For many purposes, national home-price averages,
MSA figures, or even zip code data cannot adequately gauge local
housing markets. The higher the level of the aggregate, the
less it reflects the true variety and constant change in prices and
conditions across local neighborhood home...read more
by August 15, 2011,
Financial Services - Bankcard, Auto, Mortgage
This installment proposes a new type of mortgage product that could
help to lower current risks of home-price bubbles in various
strongly growing economies—and perhaps future risks in the U.S. and
other countries as well. In booming economies like Brazil, China,
Singapore, and Hong Kong, housing...read more
by August 9, 2011,
Financial Services - Bankcard, Auto, Mortgage
Unsurprisingly, Washington deficit hawks have been eyeing the
“sacred cows” of tax preferences for homeownership for some time
now. Policymakers might even unwind or eliminate the mortgage
interest deductions and capital-gains exemptions on home
appreciation that have been in place in the U.S for...read more
by June 29, 2011,
The U.S. housing market remains relatively weak, but it’s
probably not as weak as you think. To what extent are home
prices really falling again? Differing Findings Most recent media
coverage of the “double dip in home prices” has centered on
declines in the popular Case-Schiller price index;...read more
