Crednology Holding Corp fka COHO

[Penny Stocks 2.0]

COHO is Being EYED >> Fannie Mae and Freddie Mac, the two government-subsidized giants, have begun evaluating alternative credit scoring models after facing tremendous pressure to end their dependence on the old scoring models from Fair Isaac Corp. The fact that mortgage loans are becoming harder to obtain, interchanging advanced scoring models will allow potential borrowers a better opportunity for financing as well as the predictability about the likelihood of default. Many lenders who are still forced to use older scoring models are looking for the most precise model they can use to diminish the probable event of default.  This opens the door for the new VantageScore 3.0 to be introduced to Fannie and Freddie so they may examine the costs and benefits compared to the new FICO 9 just released in August.

So the big question is how does this affect Crednology Holding Corp and its shareholders? How do we fit in this arena and how will this help grow the companies? Currently we use proprietary software analyzing the credit data used for determining scoring for the FICO models and VantageScore models. Our analytics uncovers corrupt data along with errors and omissions supplied to the credit reporting agencies and numerically marks the point deductions on each trade line account from 0 to 100+.

In our current technological development, the company has begun to establish itself as the solution for credit underwriting in virtually every facet of credit offering services. Using predictive analytics, COHO has joint ventured with CredLogix and is now developing credit scorecards for banks, credit card companies, lenders, and insurance companies. The technology not only analyzes credit data and over 85 different financial indicators, but lifestyle data which can determine a client’s attitude and behavior in managing debt, personal crisis and unexpected life changes. This technology will give credit underwriters a unique and accurate glimpse into the character and capacity of an applicant, as well as the most comprehensive predictive ever assembled in one solution. COHO has been discussing this technology with Wall Street mortgage insiders who've shown interest in utilizing the technology when available.