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P R E S S   R E L E A S E

FOR IMMEDIATE RELEASE:

May 17, 2011


Interthinx Bolsters Employment and Income Analysis in FraudGUARD

AGOURA HILLS, Calif.--(EON: Enhanced Online News)--In response to its own findings that employment and income mortgage fraud risk rose significantly in 2010, Interthinx has integrated new critical data points to help lenders identify high-risk borrowers. The inclusion of associated business search and bankruptcy data within Interthinx's FraudGUARDŽ ensures a more concise overall borrower risk review, can improve loan quality, and provides users a more comprehensive fraud prevention report. Interthinx is a leading national provider of comprehensive risk mitigation solutions.

"The Employment/Income index in our 2010 Annual Mortgage Fraud Risk Report rose by nearly 30 percent, which could indicate that 'fraud for property' is on the increase," said Mike Zwerner, senior vice president of Interthinx. "Our product team has kept a close eye on this insidious trend, and we've focused key development in the area of identifying employment fraud and misrepresentation. We're excited about the added data and analysis within FraudGUARD and the further protection and intelligence this proven tool brings to the residential mortgage lending industry."

The bankruptcy and associated business search features are optional and highly customizable. FraudGUARD users can choose to order the new options on all loans or just certain loans.

"This essential product development provides our customers yet another layer of crucial information before funding a loan," added Kevin Coop, president of Interthinx. "Within seconds, our customers will now have answers to questions such as, Is the borrower associated with another business that is not the current employer? Is the borrower's employer an inactive corporation? Does the borrower have a bankruptcy record within the last four years? Is there a bankruptcy after the application date? With this type of insight, lenders are better prepared to make informed underwriting decisions during this time of emphasis on loan quality over loan quantity."

About Interthinx

Interthinx, a Verisk Analytics subsidiary, is a leading national provider of comprehensive risk mitigation solutions focusing on mortgage fraud, collateral risk and valuation, regulatory compliance, forensic loan audit services, loss mitigation, and loss forecasting. With more than 20 years of experience in customizable risk evaluation technology, Interthinx offers proven and effective predictive analytics to the residential mortgage industry through its experience with millions of loan applications and fraud incident data from thousands of monthly loan reviews. Throughout the mortgage life cycle, the Interthinx suite of services can increase the value of client portfolios with its comprehensive and holistic approach to loan quality and compliance. Winner of multiple awards for technology, Interthinx helps clients reduce risk, increase operational efficiencies, satisfy regulator demands, manage data verification, remain compliant, and mitigate loan buybacks. The Interthinx quarterly Mortgage Fraud Risk Report is a standard for the financial services industry. For more information, visit www.interthinx.com or call 1-800-333-4510.

Contacts

For Interthinx
Rick Grant, 800-979-9049
Cell: 570-497-1026
rick.grant@rga-pr.com



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