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PRESS RELEASE

Fraud Prevention Integrated AVM

Interthinx Partners with iMortgage for Improved Functionality




 

Agoura Hills, Calif. -- (July 8, 2008) - Interthinx, Inc., the leading provider of proven risk mitigation, mortgage fraud prevention, and regulatory compliance tools for the mortgage industry, has formed a strategic alliance with iMortgage Services. iMortgage Services (iMS) provides nationwide appraisal, automated valuation (AVM), broker price opinion (BPO), fraud, closing, title, and warranty products to the mortgage industry. The alliance enables Interthinx to offer a full suite of collateral risk products to its customers, bolstering its current offerings of cascading AVMs, forensic review appraisals and other risk mitigation valuation tools for lenders and investors.

"iMS integrates sophisticated technology with best-in-class quality control and customer service; characteristics Interthinx values highly," stated Kevin Coop, president of Interthinx. "Combined with our FraudGUARD loan-level fraud detection product, this comprehensive suite of collateral evaluation tools from iMS provides our customers a more complete picture of the risk in any given transaction."

"iMS is honored that Interthinx chose us for value-added collateral assessment and settlement services in all aspects of the financial services industry," stated Brian Uffelman, president and owner of iMortgage Services. "We are committed to the success of this endeavor and look forward to meeting the needs of Interthinx and its customers today and tomorrow as we anticipate and adapt to the future. Through unsurpassed quality and service, iMS and Interthinx will work to meet the challenges of today's financial market."





SOURCE: Interthinx Inc.



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