More defaults are coming on credit cards and mortgages over the next six months, according to...

|By:, SA News Editor
More defaults are coming on credit cards and mortgages over the next six months, according to FICO (FIC) CEO Mark Greene, who says "I’m a notch less sanguine than some financial observers are." He sees borrowers changing the order of bill payment - credit cards and auto loans before mortgages - and thinks card reform presents a business opportunity for FICO and its scoring.