AGOURA HILLS, CA, July 8, 2008 — Interthinx®, Inc., the leading provider of proven risk mitigation, mortgage fraud prevention, and regulatory compliance tools for the mortgage industry, has formed a strategic alliance with iMortgage Services. iMortgage Services (iMS) provides nationwide appraisal, automated valuation (AVM), broker price opinion (BPO), fraud, closing, title, and warranty products to the mortgage industry. The alliance enables Interthinx to offer a full suite of collateral risk products to its customers, bolstering its current offerings of cascading AVM’s, forensic review appraisals and other risk mitigation valuation tools for lenders and investors.
“iMS integrates sophisticated technology with best-in-class quality control and customer service; characteristics Interthinx values highly,” stated Kevin Coop, president of Interthinx. “Combined with our FraudGUARD® loan-level fraud detection product, this comprehensive suite of collateral evaluation tools from iMS provides our customers a more complete picture of the risk in any given transaction.”
“iMS is honored that Interthinx chose us for value-added collateral assessment and settlement services in all aspects of the financial services industry,” stated Brian Uffelman, president and owner of iMortgage Services. “We are committed to the success of this endeavor and look forward to meeting the needs of Interthinx and its customers today and tomorrow as we anticipate and adapt to the future. Through unsurpassed quality and service, iMS and Interthinx will work to meet the challenges of today’s financial market.”
About iMortgage Services
iMortgage Services (iMS) provides nationwide appraisal, automated valuation (AVM), broker price opinion (BPO), fraud, closing, title, and warranty products to the residential mortgage industry, serving originators, quality control companies, servicers, and the secondary market. The company’s PropertySmart™ platform provides operational efficiency for both iMS and its customers and access to an expanded national vendor partner network of appraisers, brokers and abstractors. iMS integrates sophisticated technology with top-notch quality and customer service, designing services and processes that meet the unique needs of individual client business requirements to guarantee their success, even in a changing market. iMS is committed to its customers, meeting their expectations and delivering customer focused information. iMortgage Services is a privately-held company located in Pittsburgh. For more information visit www.imortgageservices.com.
Interthinx, Inc., an ISO business, is the nation’s leading provider of proven risk mitigation and regulatory compliance tools for the financial services industry. Used at every point in the mortgage lifecycle to prevent mortgage fraud, compliance violations and to assess risk, Interthinx is relied upon by more than 1,100 customers, including 15 of the top 20 mortgage lenders and three of the top five largest financial institutions. With technology that earned Mortgage Technology Magazine’s prestigious 10X Award as “a diagnostic and corrective solution of the highest order,” Interthinx expertise in predictive analytics, data mining, and risk scoring sets the standard for the industry and directly increases the value of client portfolios. For more information, visit www.interthinx.com or call 1-800-333-4510.
A leading source of information about risk, ISO provides data, analytics, and decision-support services to professionals in many fields, including insurance, finance, real estate, health services, government, human resources, and risk management. Using advanced technologies to collect, analyze, develop, and deliver information, ISO helps customers evaluate and manage risk. The company draws on vast expertise in actuarial science, insurance coverages, fire protection, fraud prevention, catastrophe and weather risk, predictive modeling, data management, economic forecasting, social and technological trends, and many other fields. To meet the needs of diverse clients, ISO employs an experienced staff of business and technical specialists, analysts, and certified professionals. In the United States and around the world, ISO helps customers protect people, property, and financial assets.
MWW Group (for ISO)