Adjusted are complicated. So what were trying to do now is get through an analysis of not only fico 8 and 9 but an alternative scoring credit scoring model and try to come up with a system that is a better system and then adjust the operational things that it would take to let me cut you off there. I only have a little bit of time. I encourage you to put pedal to the medal in that regard. We have pedal to the medal. We are at it. I guarantee you. Im not quite persuaded of that, but thank you for pursuing it because a lot of people would be more fairly treated with an appropriate credit model. I wanted to turn to first place insurance. Theres been reports from npr and ap recently but these issues go back a long ways. Its something ive been pointing out a long way. The kick backs that go to mortgage insurance often drive people into foreclosure and of course that has an impact on your agency. I understand that in june you all did issue a requirement that these kickbacks ind, whether they
If we know were getting good loans and weve done our Due Diligence at the front end, then we can weve got more control over that process. But i can assure you that when theres fraud or misrepresentation in the process, we will retain the ability to put back loans throughout the life of the loan. I hope that means youre vigilant that the tendency here could be that this gives banks the benefit of the doubt that homeowners dont get, but i know your values and i know what youre doing in that job and i know youll be vigilant about that. Speaking of potential fraudulent activity that you mentioned a second ago. The New York Times highlighted fanny and freddies use of debt collectors to pursue families who lose their homes to foreclosure for any debt that wasnt covered by the value of their home as it was under water. Homeowners just starting to get back on their feet for a year or two years or even longer can find themselves with tens of thousands of dollars of new debt, depending on their
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