Business Services Industry

Interthinx™ Provides Customized Training Program for Desktop Underwriter® Users

Business Wire, April 27, 2006

CALABASAS, Calif. -- Interthinx(TM), a leading provider of comprehensive fraud prevention and decision support tools for the mortgage industry, announced the creation of an Electronic Loan Review (ELR) training program specifically designed for Fannie Mae Desktop Underwriter (DU)(R) users. This program is designed to educate DU users on the front-end fraud detection and protection capabilities provided through the Interthinx product suite. E[acute accent]"Effective fraud prevention requires multi-faceted strategies that combine the strengths of data analytics, computer science and professional training," said Kevin Coop, president of Interthinx. "We understand this concept, and are committed to providing not only the most effective fraud prevention tools, but also the most efficient training available, including customizing our training programs to address the unique needs of each of our users." E[acute accent]Interthinx, a unit of ISO, created this training program to highlight the fraud detection capabilities of the Interthinx products available via DU. ELR is an automated system capable of checking borrower and loan information at the point of application and at the pre- and post-funding stages. Loans are checked against an extensive list of criteria and through the Interthinx National Fraud Protection Database (NFPD), which contains a comprehensive library of borrower and property information. E[acute accent]"Interthinx training programs are nationally recognized, and are effective because they combine the flexibility of online training with the benefits of a live instructor who is not only versed in the nuances of fraud execution and prevention, but also in the specifics of Interthinx' strategic allies and their lender's systems and business processes," said Chris Coombes, Vice President, Training and Development Manager, Long Beach Mortgage Company, (Washington Mutual), "Their very knowledgeable, professional staff is incredibly flexible and works with the company to tailor the training to meet each client's needs."

E[acute accent]About Interthinx

E[acute accent]Interthinx, a unit of ISO, is the nation's leading provider of automated fraud protection and decision support tools for the mortgage industry. Used by 15 of the top 20 lenders, Interthinx combines its National Fraud Protection Database (NFPD) along with advanced technology and data collection to offer the most comprehensive fraud detection system available. Interthinx helps to bridge the gaps left by traditional manual fraud detection by enabling the increase of front-end efficiencies while improving quality control and profitability. Its multi-faceted approach to risk management includes innovative training programs designed for greater retention and immediate results. More than 1100 customers rely on Interthinx for automated scientifically-based solutions, historical analysis and consistent data collection. For more information, visit www.interthinx.com or call 800-333-4510.

E[acute accent]About ISO

E[acute accent]ISO is a leading provider of products and services that help measure, manage and reduce risk. ISO provides data, analytics and decision-support solutions to professionals in many fields, including insurance, finance, real estate, health services, government and human resources. Clients use ISO's databases and services to classify and evaluate a variety of risks and detect potential fraud. In the U.S. and around the world, ISO services help customers protect people, property and financial assets. For more information, please visit www.iso.com.

COPYRIGHT 2006 Business Wire
COPYRIGHT 2008 Gale, Cengage Learning

 

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