PRESS RELEASE


Thorough Background Check Solution Launched

Interthinx Offers Comprehensive Criminal and Civil Background Checks for Vital Fraud Prevention and Compliance -- One stop solution provides lenders critical data for more informed business partner decisions

AGOURA HILLS, Calif. -- (Aug. 2, 2007) -- Interthinx, Inc., the leading provider of proven risk mitigation, mortgage fraud prevention and regulatory compliance tools for the mortgage industry, is now offering comprehensive batch processing of criminal records, civil records and bankruptcy/liens/judgment records, allowing lenders to make better informed decisions about today's business partners. The extensive coverage provides the financial services industry essential background information on brokers and appraisers when complying with investor "entity review" policies. Interthinx provides same day results in 46 states.

Kevin Coop, president of Interthinx, noted, "It's crucial that lenders seek vendors that offer extensive search coverage when completing background searches on potential business partners because fraudsters can be quite mobile. A full-court press against mortgage fraud requires checking the status of all third parties and their derogatory information from all states initially and continually."

Connie Wilson, executive vice president of Interthinx, added, "We're seeing more and more convicted criminals leave prison and choose mortgage fraud as their next con. Why not? It's not nearly as dangerous as drug trafficking or a myriad of other crimes, and profits are potentially enormous. A complete background check for criminal convictions, civil actions and issues relating to financial stability is a simple batch process (for large broker databases) through our systems for significant and far reaching risk mitigation."

SOURCE: Interthinx