This forum brought together experts from industry, academia, and the policy community to discuss challenges surrounding model validation strategies and techniques. This paper provides highlights from the forum and ensuing discussions.
View the Full Conference Summary
Conference Summary
Forum on Validation of Consumer Credit Risk Models
November 2004
On November 19, 2004, the Payment Cards Center of the Federal Reserve Bank of Philadelphia, in conjunction with the Wharton School’s Financial Institutions Center, hosted a one-day event titled Forum on Validation of Consumer Credit Risk Models.