Dr. Joseph Breeden thinks the industry is long overdue for a reset. In the latest episode of the Consumer Credit Matters podcast, we dig into what’s broken—and how to fix it.

With decades of experience developing models across mortgages, auto loans, and consumer credit, advising top financial institutions, and authoring books like Redesigning Credit Risk Modeling to Achieve Profit and Volatility Targets Joseph has seen firsthand where traditional models fall short—and what’s needed to bring them into the modern era.

In our conversation, we cover:
🔹 Why traditional credit models are failing in today’s volatile economy
🔹 The biggest blind spots in risk measurement today
🔹 His philosophy on modeling—what works, what doesn’t, and what needs to change
🔹 How AI, alternative data, and new methodologies could reshape risk assessment

If you work in lending, risk management, or structured finance, you won’t want to miss this one. The way we model risk is changing—are you keeping up?