PRESS RELEASE


FraudGUARD Officially Launched

Interthinx(TM) Unveils Most Comprehensive Fraud Prevention Tool to Date - FraudGUARD(R) Draws from Largest Database of Loan Information to Spot Fraud Patterns

AGOURA HILLS, Calif. -- (Sept. 25, 2006) Interthinx(TM), 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 next generation loan-level fraud detection solution for lenders and investors: FraudGUARD®. By utilizing FraudGUARD, lenders and investors can significantly reduce loss due to fraudulent transactions, increase pull through rates, process more loans with less resources and improve loan quality.

"Today's fraudsters are attacking on multiple fronts. Simply considering components of a loan is neither enough nor is it complete protection," said Kevin Coop, president of Interthinx. "FraudGUARD uncovers the entire fraud scheme because it uses a holistic approach to fraud detection. By combining the 'best practices' of system and application intelligence with Interthinx's 10-plus years of experience in fraud detection, FraudGUARD analyzes an entire loan file to flush out fraud in every aspect of the loan application process. FraudGUARD is truly the most comprehensive fraud detection weapon on the market to protect lender and investor assets."

FraudGUARD is powered by FraudNet(SM), a network of data, pattern matching analytics and industry experience that provides fraud prevention solutions to the mortgage industry. Using this technology, FraudGUARD is able to uncover fraud by comparing loan application information with data pulled from the proprietary Interthinx National Fraud Protection Database (NFPD), aggregated 1003 (application) data spanning over 10 years, third- party data, and internal shared data. The data is then analyzed using a pattern-matching system designed to emulate the most current fraud tactics. The system employs models and search algorithms to spot patterns and commonalities between the loan information and previous instances of loan fraud.

"FraudGUARD is the most comprehensive and progressive risk evaluation tool on the market today," said David Subar, chief information officer of Interthinx. "Because Interthinx is the largest aggregator of application data in the industry, we can provide data/results that simply aren't available anywhere else in the market place. Effective fraud detection requires a study in pattern identification, which is a function of identifying, isolating and tracking data. History of multiple loans, both valid and fraudulent, is imperative to compare a submitted loan both to data and heuristics (related 'rules of thumb'). FraudGUARD encompasses ample and diverse historical application data, deeming it not only authentically practical, but powerful."

"The release of FraudGUARD is a huge step forward in completely eliminating fraud from the mortgage industry," added Coop.

Key Benefits to FraudGUARD:

• Can be applied to a single loan or to a pool of loans
  
• Can review 100% of loans for fraudulent activity including identity, collateral risk and data integrity
  
• Provide expert scoring based on rules and artificial intelligence
  
• Only collateral risk tool that calculates 1003 data, neighborhood and property analysis
  
• Is easily accessible and defined exposure
  
• Includes forensic tools such as maps, graphs and chain of title
  
• Delivers rapid delivery of accurate default/foreclosure propensity and flip risk
  
• Combines borrower, property and loan participant components instantly
  
• Processes individual loan files in seconds
  
• Eliminates or reduces other origination, verification or AVM costs
  
• Customizes suggested "actions" for resolution according to customer/investor policies
  
• Easily integrates into most Loan Originations Systems (LOS)
  
• Provides output data that can be as concise or as detailed as desired
  

SOURCE: Interthinx