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Upgrade Made To Risk Mitigation System

Interthinx(R) Integrates Cascading AVM Into Its Proven Risk Mitigation System - Integration of 10 of the Best-Of-Breed AVM Models Into FraudGUARD(R) Provides Lenders Maximum Efficiency and Superior Valuation Technology.

AGOURA HILLS, CA -- Sep 18, 2007 -- Interthinx®, Inc., the leading provider of proven risk mitigation, mortgage fraud prevention, and regulatory compliance tools for the mortgage industry, has announced the integration of advanced cascading AVM (automated valuation model) technology into its proven FraudGUARD® risk mitigation system. The integration of the two products empowers FraudGUARD users to request a Clear Value(SM) cascading AVM directly from the FraudGUARD interface, providing new workflow efficiencies and reducing overall transaction processing time for lenders nationwide.

Upon user request, FraudGUARD will seamlessly pass subject-property details to Clear Value with no additional data entry required. Clear Value uses proprietary technology to deliver extremely accurate subject property estimates. It allows lenders and investors to incorporate credit policies and loan characteristics, such as geography, LTV (loan to value), occupancy, loan purpose, and others for accurate, dynamic, and economical valuation results. What's more, results are derived from the combined potency and examination of the industry's most advanced AVM providers with an unbiased delivery and a 90-percent plus hit rate. The results of Clear Value will be conveniently returned and rendered within FraudGUARD. This integration provides lenders an optimized workflow by first using FraudGUARD property analytics and valuation before executing a Clear Value cascading AVM.

"Interthinx clearly understands the state of the market, and its demands and thresholds," stated Kevin Coop, president of Interthinx. "This most recent enhancement comes on the heels of our exclusive ability to incorporate our own proprietary closed sales data in the calculation of accurate subject-property values within FraudGUARD. We now offer the highest AVM hit rate and most accurate neighborhood analysis within proven FraudGUARD results for your consideration. That, combined with the seamless ordering of a cascading AVM, provides Interthinx customers the most comprehensive collateral solution available on the market." MARI Inc.



SOURCE: Interthinx