Cowen Washington Group Research analyst Jaret Seiberg believes the rule announced yesterday by the Federal Housing Finance Agency establishing a process for Fannie Mae (
FMNA) and Freddie Mac (FMCC) to adopt new credit scoring models is a positive for Vantage Score and a risk to Fair Isaac's (FICO) FICO.
This work was supported through grants from CNPq (#572180/2008-0),
FMNA and Programa Petrobras Ambiental.
Also today, the company announced it had signed memorandum of understanding (MoU) to dispose of its shares in ForgetMeNot Africa (BVI) Limited (
FMNA) to its joint venture partner ForgetMeNot Software Limited (FMNS) for USD250,000.