{
  "docId": "019de518-0392-702b-b06d-c96eacab5fe0",
  "docSlug": "fe650e2d9534cda0ff715d4584869a8c",
  "documentTitle": "Ford | Results Presentation Deck | 105 slides",
  "authorId": "ford",
  "authorName": "Ford",
  "documentKindSlug": "conference-presentation",
  "documentKindLabel": "Conference presentation",
  "sourceTypeSlug": "investor_relations",
  "sourceTypeLabel": "Investor relations",
  "presentationDate": "2024-02-01 00:00:00",
  "orientation": "landscape",
  "aspectRatio": 1.7777778,
  "pageNumber": 35,
  "pageCount": 105,
  "prevPage": 34,
  "nextPage": 36,
  "slideType": "other",
  "function": "establish_context",
  "density": "overcrowded",
  "nDataPoints": 0,
  "notes": null,
  "elementsJson": null,
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019de518-0392-702b-b06d-c96eacab5fe0/35",
  "deckHref": "/decks/019de518-0392-702b-b06d-c96eacab5fe0",
  "deckJsonHref": "/decks/019de518-0392-702b-b06d-c96eacab5fe0.json",
  "deckAnchorHref": "/decks/019de518-0392-702b-b06d-c96eacab5fe0#slide-35",
  "components": [
    {
      "bbox": {
        "h": 0.04,
        "w": 0.33,
        "x": 0.083,
        "y": 0.46
      },
      "kind": "list",
      "text": "Origination scoring model performance review\nScorecard Cycle Plan Committee review",
      "attrs": {},
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "87390adb-a80d-466b-9c5a-81b455340f05",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.04,
        "w": 0.37,
        "x": 0.083,
        "y": 0.65
      },
      "kind": "list",
      "text": "Uniformly changing the overall credit risk scores\nModifying the weight of selected variables",
      "attrs": {},
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "f82f39a3-afdf-4250-881c-dfe3dc7ce0a4",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.02,
        "w": 0.5,
        "x": 0.057,
        "y": 0.54
      },
      "kind": "paragraph",
      "text": "New origination scoring models are developed on a regular cycle plan",
      "attrs": {},
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "02aadbd8-5fc9-4df1-8fbd-52ea9b5a42c1",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.04,
        "w": 0.87,
        "x": 0.057,
        "y": 0.589
      },
      "kind": "paragraph",
      "text": "Adjustments may be made to improve the performance of the origination scoring models between development cycles to react quickly to portfolio performance shifts and macroeconomic conditions. Adjustments may include:",
      "attrs": {},
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "2b4f8ce0-ebc2-4964-9420-e80232e025f7",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.07,
        "w": 0.87,
        "x": 0.057,
        "y": 0.18
      },
      "kind": "paragraph",
      "text": "Ford Credit's origination scoring models were developed internally based on Ford Credit's portfolio databases of millions of contracts originated over several decades. The model development process identifies key variables used to assign the applicant a proprietary risk score based on the probability of the applicant paying the amounts due under their contract",
      "attrs": {},
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "b04f9b95-a91b-48ee-b4bb-0a5476fd90f1",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.11,
        "w": 0.87,
        "x": 0.057,
        "y": 0.286
      },
      "kind": "paragraph",
      "text": "In October 2018, Ford Credit began redeveloping certain of its origination scoring models for consumer credit applicants using advanced statistical tools to improve data interactions and evaluate and create more predictive variables. Those redeveloped models can sometimes place greater emphasis on newly created variables with relatively less emphasis on traditional variables such as an applicant's FICO score, which in turn enhance the model's ability to assess risk and more accurately assign a proprietary risk score",
      "attrs": {},
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "b8374c9f-aca7-4b51-844f-eca58d68646b",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.02,
        "w": 0.87,
        "x": 0.057,
        "y": 0.43
      },
      "kind": "paragraph",
      "text": "Ford Credit regularly reviews its models to confirm the business significance and statistical predictability of the variables",
      "attrs": {},
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "d72f4b31-117d-4864-96e8-9462f3396c31",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.02,
        "w": 0.65,
        "x": 0.057,
        "y": 0.72
      },
      "kind": "paragraph",
      "text": "Launch dates for the most recently redeveloped origination scoring models are as follows:",
      "attrs": {},
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "efad68a9-bd67-4f46-a77b-b699640cd9ee",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.01,
        "w": 0.14,
        "x": 0.18,
        "y": 0.94
      },
      "kind": "source-note",
      "text": "* For certain FICO segments",
      "attrs": {},
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "89624bcc-fc20-4a44-9fd7-d29847148d44",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.13,
        "w": 0.64,
        "x": 0.18,
        "y": 0.77
      },
      "kind": "table",
      "text": "U.S. Scoring Models, Redevelopment Date, Consumer, January 2018, May 2023*, October 2023*, Commercial, January 2024, Commercial Line of Credit, April 2022",
      "attrs": {},
      "subkind": "data",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "93f36e9d-9d9b-4a33-8f8b-08eae6e1a791",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.03,
        "w": 0.42,
        "x": 0.029,
        "y": 0.08
      },
      "kind": "title",
      "text": "Origination Scoring Models",
      "attrs": {},
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "7bfb27d6-0668-4838-be39-fe29ca323155",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [
    {
      "name": "Table data",
      "slug": "table-data",
      "agent": null,
      "layer": "slide",
      "matchId": "4f14be93-8326-4763-9c7d-d63cb81daf56",
      "evidence": "table/data: U.S. Scoring Models, Redevelopment Date, Consumer, January 2018, May 2023*, October 2023*, Commercial, January 2024",
      "confidence": 0.9
    }
  ],
  "frameworks": [],
  "arcBeats": [
    {
      "to": 105,
      "from": 20,
      "beatId": "db2dd235-d5b6-464c-98b1-68797c13d3c3",
      "arcName": "Monroe's Motivated Sequence",
      "arcSlug": "monroes-sequence",
      "beatName": "Satisfaction",
      "beatSlug": "monroes-sequence-satisfaction",
      "evidence": "The document provides a detailed overview of Ford's business model, segment performance, and securitization, providing satisfaction to the audience",
      "position": 2,
      "confidence": 0.8,
      "parentBeatName": "Turn",
      "parentBeatSlug": "turn"
    }
  ],
  "loops": [],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}