PRESS RELEASE


Interthinx(R) Offers Exclusive Ability to Score Third-Party Originators

Broker Risk Score Provides Insight Into the Risk Associated With Brokerage

AGOURA HILLS, Calif.--(April 8, 2008)--Interthinx Inc., the leading provider of proven risk mitigation, mortgage fraud prevention, and regulatory compliance tools for the mortgage industry, announces its exclusive ability to review and score third-party originators. Based on proprietary loan data and weighted "alerts" within the Interthinx scoring system, the Broker Risk Score provides lenders with the ability to incorporate a score, e.g., risk factor, into their broker approval processes to make more informed decisions about their potential and current business partners. Customers benefit from accessing historical broker performance aggregated from the millions of loans within the Interthinx inventory, resulting in more thorough reviews of third-party originators.

"The innovative Interthinx Broker Risk Score calculates risk based on the number of loans identified for a broker origination company, the percentage of loan reviews identified as high risk transactions, and the weighted alerts within the reviews that are assigned a value," stated Stacey Louie, senior vice president of product development and engineering for Interthinx. "The combined values are used to determine whether the broker origination company represents a low, medium or high risk for the approving lender."

"The FBI has stated that 80 percent of all reported fraud losses involve collaboration or collusion by industry insiders," continued Mike Zwerner, senior vice president of business development and marketing for Interthinx. "There has never been a more crucial time in this contracted market to carefully review third party entities. The improved business profitability that results from the ability to evaluate potential third-party risk before accepting loans will add a newly restored confidence in approval processes. These are benefits that should not only be welcomed by lenders, but aggressively sought after."

"While many solution providers will point lenders and investors towards buying additional or superfluous product, Interthinx understands the current marketplace and strives to improve its technology with little to zero cost back to the customer," added Louie. "There is no additional cost for the new Broker Risk Score that is now integrated within the Interthinx Third Party Review product."





SOURCE: Interthinx