AGOURA HILLS, CA, May 15, 2012 — Interthinx announced today the launch of From the Bar: Inside Compliance with Roger Fendelman, a new podcast focusing on the industry’s toughest compliance issues. Fendelman, vice president of compliance at Interthinx, noted that rulemaking by the new Consumer Financial Protection Bureau — and coping with the changes — has created many questions of concern to lenders. He hopes the regularly scheduled podcast will provide some answers.
“Compliance officers have never had a more challenging mandate than they do today,” said Fendelman. “Attendance at compliance conferences has increased dramatically in the last year as these professionals reach out for guidance. Failure to ensure compliance has resulted in buyback requests, fines, loss of lines of business, and closure of business for many lenders. With hundreds of new rules coming down from various agencies this year, occasional conferences are not sufficient. From the Bar will provide detailed information and analysis that financial institutions can rely on.”
Fendelman has more than 15 years of industry experience and is responsible for leading the Interthinx compliance department and developing its PredProtect® Compliance Suite of automated regulatory compliance tools. An experienced attorney, Fendelman is an established thought leader in the residential mortgage lending industry who is often called upon to speak at industry events. He has also authored numerous published articles on regulatory requirements.
Interthinx has produced the Direct from DC podcast with industry expert Ann Fulmer since January 2011. The success of Fulmer’s expert podcast has been a testament to the company’s dedication to providing useful information to its customers in easily accessible ways. For more information, visit www.interthinx.com.
Interthinx, a Verisk Analytics (Nasdaq:VRSK) 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.