Interthinx Offers Quality Control (QC) Review Services

Answers growing industry need; outsourcing service distinctive and effective

AGOURA HILLS, CA, September 13, 2011 — Interthinx formally announced the launch of its Quality Control (QC) Review Services at the Mortgage Bankers Association’s Quality Assurance and Residential Underwriting Conference 2011. The service from Interthinx combines proven automated technologies with deep, loan-level audit expertise. The Interthinx approach to QC file reviews is designed to ensure compliance and mitigate risk for lenders and investors by using only certified professionals. 

The staff for Interthinx QC Review services includes:

  • certified fraud examiners
  • certified mortgage bankers
  • compliance lawyers
  • certified appraisers

This timely offering enables the industry to immediately respond to market fluctuations and staffing needs without the costs associated with recruiting, hiring, and training. 

“A quality control system of the highest caliber must be made available to the ailing mortgage markets,” said Kevin Coop, president of Interthinx. “Business-as-usual in regard to QC file review will not suffice. Issues creating tremendous anxiety for lenders include lack of compliance expertise, underperforming QC, risk of repurchase, and resource constraints. Clients who leverage Interthinx QC Review Services can alleviate administrative burdens while experiencing efficient and cost-effective outsourcing of scalable and customizable staffing resources. Capacity is ensured without sacrificing control or quality.”

“Offering a distinctive QC review service to mitigate risk and ensure regulatory compliance for lenders is the next logical step for Interthinx,” added Mike Zwerner, senior vice president of Interthinx. “We’ve actually been in the loan file review service for years. Based on the current regulatory environment, we recognized the need for state-of-the-art, tailored services for pre- and post-closing audits.”

Connie Wilson, executive vice president for Interthinx, noted, “The work level placed on lenders and the tremendous need for these services is unprecedented. Based on 25 years of experience, Interthinx is uniquely positioned to offer the industry a wide range of expert services, including QC, to help ease the pain caused by government-driven review requirements.”

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.

Release: Immediate

Contact:
Rick Grant
Telephone: 800-979-9049
Cell: 570-497-1026
rick.grant@rga-pr.com