Saturday, May 05, 2007

Screenshots of Equifax and myFICO reporting of mortgage—Fair Isaac is so incompetent

Screenshots: MOST data on the Equifax direct report is NOT reported on myFICO reports

And you can see how they confused the “Date of Last ACTIVITY” with the “Date of Last PAYMENT.”

This is the outfit that determines the mortgage interest rates and FORCED many people into subprime mortgages who did NOT deserve low FICO scores. 

How many people lost their homes because these morons at Fair Isaac can’t get their heads out of their asses?

Fair Isaac has no NO quality control whatsoever?

Why do I or my clients continually have to contact Barry Paperno and clue them in about their software bugs?  Their quality control is reading here?

Why do your elected representatives allow this to happen?

Why do YOU do NOTHING?

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