home mortgage fraud newsletter full stories advertise mortgage industry newsletter RSS about us
HOT Topics Fraud Resources Fraud Prevention Mortgage Litigation News Appraisal News
twitter linkedin
facebook google+
Mortgage News

Search mortgage fraud news by keyword.

Mortgage Fraud News
News, analysis and statistics about mortgage fraud.

Local Mortgage Fraud
Stories about individual mortgage crime cases.

Mortgage Fraud Statistics
Statics by year about real estate fraud.

Mortgage Fraud Index
Quarterly index based on case activity.

Mortgage Advertising
Reach mortgage executives, loan originators and other people tied to mortgage industry.

Consumer Mortgage News
Free mortgage news for prospective borrowers.

Mortgage Newsletter
Free e-mail newsletter with the latest headlines from MortgageDaily.com.

Mortgage Fraud Feedget RSS code
The latest case activity tracked by FraudBlogger.com for your Web site or for your RSS reader.

Mortgage Fraud Archives
Archive of FraudBlogger.com entries going back to 2005.



AVM Fraud Prevention

Interthinx(TM) Expands Collateral Risk Product Suite -- New Automated Decision Support Tool Ensures Accurate Collateral Valuation

AGOURA HILLS, Calif. -- (July 12, 2006) Interthinx(TM), the leading provider of comprehensive mortgage fraud prevention, compliance and decision support tools for the mortgage industry and an ISO business, is now bolstering its comprehensive collateral risk solution. Interthinx has once again delivered a best-in-breed solution to the industry by combining ValVerify(SM), the industry leading service for determining the propensity for collateral misrepresentation and fraud, and its latest offering, Clear Value(SM) AVM. Clear Value AVM is a new automated decision support tool that allows lenders and investors to utilize the most appropriate valuation report based on factors dictated by lender/investor policies.

"Your company's decision criteria and credit policy can be integrated into the Clear Value system, ensuring the best-fit AVM for each residential property queried," stated Mike Zwerner, vice president of Business Development and Marketing for Interthinx. "Within seconds, Clear Value AVM can deliver accurate subject property estimates by way of proprietary technology that allows the cascading system to replicate the logic of an experienced underwriter."

The collateral risk suite also includes ValVerify - a decision support tool that evaluates collateral risk by utilizing the most comprehensive data set in the industry. These data sets include property characteristics, borrower data, employer information, and other critical elements.

"ValVerify is the only collateral risk tool that considers all of the 1003 (loan application) data in the creation of an all-inclusive, and therefore, more accurate Property Score," stated Kevin Coop, president, Interthinx. Proprietary algorithms within ValVerify are used to score collateral for potential fraud. The calculations include factors such as transaction analysis, chain of title, occupancy, exposure, comparable properties, market analysis, neighborhood analysis and more. "Recognition of fraudulent patterns is crucial to lenders and investors and is made possible via our proprietary and comprehensive neighborhood analysis."

Both Clear Value AVM and ValVerify provide the industry with better tools for immediate, user-friendly, cost-efficient and truthful collateral risk evaluation for each loan's specific set of circumstances.

"It is essential to run pre-funding fraud detection and valuation tools such as ValVerify to see a truly unbiased value - void of influence from any third party," stated Joe Hogan, Assistant Vice President, Loss Management of Radian Guaranty Inc. - a mortgage credit risk management company. "Interthinx continues to set the standard and brings the mortgage industry effective technology to fight the assault of mortgage fraud."

Source: Interthinx

Mortgage Fraud Litigation

Q4-2012 | Q3-2012
Q2-2012 | Q1-2012

Q4-2011 | Q3-2011
Q2-2011 | Q1-2011

Q4-2010 | Q3-2010
Q2-2010 | Q1-2010

Q4-2009 | Q3-2009
Q2-2009 | Q1-2009

Q4-2008 | Q3-2008
Q2-2008 | Q1-2008

full-year 2007
Red Flags Rule
News about the Fair and Accurate Credit Transaction Act.
Analysis of Fraud Enforcement and Recovery Act
The Mortgage Graveyard
Reverse Mortgage Blog
Mortgage Compliance Newsletter
Free compliance newsletter from MortgageDaily.com.

Copyright © 2014 MortgageDaily.com
MortgageDaily.com Subscribers Only:

AMC directory

ARM indexes

mortgage company directory

mortgage regulations

net branch directory

pricing engine directory

wholesale lender directory

More Mortgage News Resources (MortgageDaily.com full site map):

advertising news

appraisal news

bank news

biggest lenders

commercial mortgage news

corporate mortgage news

credit news

FHA news

financial regulation news

foreclosure news

free mortgage news

GSE news

jumbo mortgage news

interest rates

loan modification news

loan officer compensation rule

loan originator compensation rule


mortgage associations

mortgage-backed securities

mortgage books

mortgage brokers

mortgage compliance

mortgage conferences

mortgage directories

mortgage education

mortgage employment

mortgage employment index

mortgage executives

mortgage fraud

mortgage fraud blog

Mortgage Fraud Index

Mortgage Graveyard

mortgage insurance news

mortgage lawsuits

mortgage leads

mortgage lender ranking

mortgage licenses

mortgage litigation

Mortgage Litigation Index

Mortgage Market Index

mortgage mergers

mortgage news

mortgage politics

mortgage press releases

mortgage production

mortgage public relations

mortgage rates

mortgage servicing

mortgage statistics

mortgage technology

mortgage video

mortgage Webinars

net branch

net branch directory

nonprime news

origination news

originator tools

sales blog

reverse mortgage news

secondary marketing

servicing news

subprime news

wholesale lenders

wireless mortgage news