Interthinx Unveils Innovative Conditioned Valuation Model

CVM® bridges gap between existing valuation solutions

AGOURA HILLS, CA, February 23, 2010 — Interthinx has launched the Interthinx Conditioned Valuation Model (CVM®), a unique, cost-effective integration of robust automated valuation technology and analytics tempered by a professional property inspection. This new approach to property valuation will provide lenders and servicers with a powerful choice that is more accurate than an AVM (Automated Valuation Model) and less expensive than a BPO (Broker Price Opinion). Interthinx is a leading provider of proven risk mitigation, fraud detection, and regulatory compliance tools for the residential mortgage industry.

“AVMs have become an industry standard and a valuation tool many rely on without question. Unfortunately, excessive AVM usage may have contributed to an epidemic of overvaluation fraud,” said Kevin Coop, president of Interthinx. “And valuation fraud is not diminishing. Our Mortgage Fraud Risk Report from the third quarter of 2009 confirmed property valuation fraud risk is up 46 percent from a year ago. With the new CVM, Interthinx can deliver affordable, real-time condition-based property values to the lending and servicing communities.”

The Interthinx CVMis strategically positioned along the continuum of existing property valuation products between AVMs and BPOs. At a cost lower than a standard BPO, the new Interthinx CVM allows for more reasonably priced and comprehensive due diligence for businesses requiring more information than a conventional AVM can offer.

The CVM starts with an AVM that uses MLS (Multiple Listing Service) and public data to factor current market conditions for the greatest accuracy. Then the CVM applies an adjustment based upon an exterior inspection of the property and neighborhood by a professional third-party inspector. The CVM report includes photos of the subject property, neighborhood condition, a condition-adjusted value, and market price trends.

“The CVM promises to advance mortgage due diligence to a new level,” said Mark Chapin, chief valuation officer for Interthinx. “The CVM combines powerful valuation analytics that factors property condition by an objective third party to produce an accurate, transparent property valuation at a cost-effective price.”

About Interthinx
Interthinx, Inc., a Verisk Analytics subsidiary, is a leading national provider of proven risk mitigation and regulatory compliance tools for the financial services industry. At every point in the mortgage life cycle, Interthinx helps to assess risk and prevent mortgage fraud and compliance violations. More than 1,100 customers — including 15 of the top 20 mortgage lenders and three of the top five largest financial institutions — employ the company’s products and services. Interthinx earned Mortgage Technology magazine’s prestigious 10X Award as “a diagnostic and corrective solution of the highest order,” for its technological expertise in predictive analytics, data mining, and risk scoring. The Interthinx suite of solutions sets the standard for the industry and directly increases the value of client portfolios. For more information, visit or call 1-800-333-4510.

Release: Immediate

Rick Grant
Telephone: 800-979-9049
Cell: 570-497-1026

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