SOURCE: Interthinx

September 12, 2007 11:00 ET

Interthinx® Private Data Enables Lenders to More Accurately Evaluate Collateral in Today's Volatile Market

Integration of Exclusive Closed-Sales Data From Interthinx Database Provides Unmatched Valuation Tools for Lenders and Investors

AGOURA HILLS, CA--(Marketwire - September 12, 2007) - Interthinx®, Inc., the leading provider of proven risk mitigation, mortgage fraud prevention and regulatory compliance tools for the mortgage industry, has announced its exclusive ability to use its own current and timely sales data to significantly increase hit rates and uniquely determine collateral risk, thereby improving the accuracy of their proven loan scoring system. This most recent advancement in a series of Interthinx product enhancements comes at a time when pinpointing actual housing depreciation/appreciation rates is highly critical.

In response to customer demand, Interthinx is mining closed-sale information from its own proprietary database to use when computing value and overall collateral risk. Specifically, Interthinx will improve neighborhood analysis by looking at flips, foreclosures, trend analysis associated with comparables, and value benchmarking. Using the most recent sales data in the industry (from the massive Interthinx database of loan application information), customers can benefit from superior hit rates and accuracy that cannot be replicated by any other solution provider.

"Leveraging our own proprietary data to improve our collateral analytics will give significant lift to our already statistically validated loan scoring engines within Interthinx systems: FraudGUARD®, ValVerify(SM) and DISSCO(SM)," stated Kevin Coop, president of Interthinx. "It will also increase AVM hit rates in non-disclosure states and rural areas, increase AVM accuracy by using a larger number of recent and more accurate comparable sales and improve market analysis by incorporating Interthinx proprietary closed-sales data with public property data. During this tumultuous time in our industry with declining markets on the rise, truly current sales data is absolutely crucial when determining collateral risk."

"We now have the ability to provide more accurate trending of property and neighborhood valuations as more recent property data is used," continued Mike Zwerner, senior vice president of business development and marketing for Interthinx. "While it can take several months for property records to reflect recent sales activity as information is posted to the county records offices, Interthinx is able to incorporate property values and other data directly and immediately into the valuation component upon confirmation of the sale."

The unique enhancement within FraudGUARD, DISSCO and ValVerify is provided at no cost to Interthinx customers and will be released in controlled stages to optimize implementation. "Interthinx is committed to continually bringing value to its customers, especially during this trying time when accurate property valuations have taken on increased importance," added Connie Wilson, executive vice president of Interthinx. "While many solution providers will point lenders and investors towards buying more product, Interthinx understands the needs of the industry and strives to improve its technology with little to zero cost to the customer as we weather this current storm together."

About Interthinx

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 1,400 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 (800) 333-4510.

About ISO

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 United States and around the world, ISO services help customers protect people, property, and financial assets. For more information, please visit www.iso.com.

Contact Information

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