FraudBlogger.com
 
  home

blog archives

search

RSS feed

FraudBlogger index

mortgage news

mortgage statistics

mortgage newsletter

mortgage news rss feed

mortgage fraud news

mortgage fraud statistics

mortgage lawsuits, judgements, settlements & class actions

predatory lending news

advertise
mortgage news for PDAs, Blackberrys, mobile phones and handheld devices
mortgage news for your handheld devices

contact us


SamGarcia.com
affiliated
publications:


CloseNow.com
CloserBlog.com
FraudBlogger.com
GirlsNewsDaily.com


mortgage industry news for your handheld computer
free mortgage industry news
MortgageDaily.com
MusicNewsDaily.com
SongBlogger.com

 

PRESS RELEASE


Fraud Training Video, Online Test

Success of FSISM: Fraud Scheme Investigation video leads to learning measurement tool

 
AGOURA HILLS, Calif.-- (Oct. 23, 2006) -- InterthinxTM, (www.interthinx.com) the leading provider of comprehensive fraud prevention, compliance and decision support tools for the mortgage industry and an ISO business, is proud to announce its online FSISM: Fraud Scheme Investigator Exam Program in concert with the success of its FSISM: Fraud Scheme Investigation training video. The FSI video is a unique mortgage fraud detection training tool, produced by Interthinx, and reflects the style and parody of a popular primetime television series to demonstrate the characteristics and “red flags” of a complicated property flipping scheme. FSI was inspired by actual events and is free to the mortgage industry.

Interthinx™, with the invaluable contributions of knowledge and talent brought to the project by a host of leading mortgage professionals, succeeded in creating an effectual training video to help the industry stem the tide of mortgage fraud. Federal Bureau of Investigation spokesman Steve Kodak confirmed with MortgageDaily.com that an upcoming report will show mortgage fraud losses totaled $1 billion in 2005. The total is more that double the total losses for all of 2004.

“The free online FSI Exam Program will provide a means to measure learning achieved by watching the FSI film and fraud detection training chapters,” said Kevin Coop, president of Interthinx. “With over 1,000 FSI DVD orders to date, the Interthinx training department is excited and able to help mortgage banking employees test their learning retention on the topic of mortgage fraud prevention, 24/7 and from anywhere Internet access is available.”

“This training initiative is ultimately about facing the insidious plague of mortgage fraud head on,” said Julie Woodley, vice president of QC/Risk for Saxon Mortgage.

“Interthinx deserves special acknowledgment for having conceived the FSI project and for seeing it to fruition with the utmost quality and care. The Interthinx message is it takes the right balance of training and technology along with a commitment from the industry as a whole to create the best defense against mortgage fraud. I hope all mortgage companies embrace this free tool and training program to arm their front lines with the information necessary to truly fend off the thieves.”

FSI can be ordered at www.FSIMovie.com where Fraud Scheme Investigator Exam registration information is also available.

SOURCE: Interthinx

photo of Paula Parisot
Blogger
Paula Parisot
e-mail Paula


mortgage fraud statistics



mortgage fraud white paper



The Mortgage Graveyard


Mortgage Compliance & Litigation Newsletter
Free newsletter sponsored by the law firm of Weiner Brodsky Sidman Kider PC. Includes articles about mortgage industry compliance, legal issues and litigation.
download newsletter for free


News By: MortgageDaily.com

The content on this site does not necessarily reflect the
views of any affiliated or unaffiliated news publications.

Copyright © 2005-2007 FraudBlogger.com