GOURA HILLS, CA--(MARKET WIRE)--Jun 13, 2007 -- Interthinx (www.interthinx.com), the leading provider of proven risk mitigation, mortgage fraud prevention and regulatory compliance tools, has launched a powerful expansion to its existing set of Global Variances, already contained within its proven FraudGUARD® scoring system, to provide lenders and investors access to unparalleled and essential mortgage fraud and risk management results. Over 1400 Interthinx customers will benefit from this newly expanded data sharing network and application of advanced analytics.

Breakthrough analytics have been applied to Interthinx FraudNET(SM) technology; the platform that allows Interthinx to coalesce massive amounts of data from multiple sources, deeming it the largest loan level fraud detection database in the industry. This newest set of analytics allows Interthinx to look across the massive amount of loan application data it receives daily, compare it to existing data in a way never before analyzed, and extract potential mortgage fraud schemes involving multiple participants and activities across the entire industry. Specifically, the unique, real-time analysis of lending risk will be achieved by examining borrower and third party "performance" which is based on historical transactions. This past performance analysis will be used to highlight potential future risk. This enhancement will deploy approximately 35 new alerts and changes to approximately 30 existing alerts within the existing and validated risk scoring system.

"Providing Interthinx customers greater access to our industry-wide view of loan application activity and precise guidance about the source of potential problems on loans will no doubt impact lending decisions, loan quality and risk management processes in a way that no one else in the market can emulate," stated Kevin Coop, president of Interthinx. "Though our current scoring system has been proven to predict non-performing loans by statistical analysis, Interthinx will continue to innovate and provide enhancements such as this critical exchange of information to provide our lender and investor network the most comprehensive and state of the art risk mitigation tools."

"This type of analysis can only be conducted by companies like Interthinx that have significant industry adoption and, therefore, profuse data to fuel results," added Mike Zwerner, senior vice president of Business Development and Marketing for Interthinx. "This most recent project by Interthinx maximizes the value of FraudNET technology and the benefits of our data sharing network of over 1400 customers."

Data within the Interthinx systems are compared across many Interthinx customers, but the source of the data and personally identifiable information are not revealed.

SOURCE: Interthinx