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Interthinx

Interthinx Study Finds Mortgage Fraud Risk Index Remains Steady

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Interthinx released its quarterly interactive Mortgage Fraud Risk Report covering data collected in the first quarter of 2014. In the first quarter of 2014, the national Mortgage Fraud Risk Index value is 100, the same value as it was a year ago and down one percent from Q4 2013. The national Property Valuation Fraud Risk Index is 128, up 27 percent from last quarter and 17 percent from a year ago.Click to continue

First American Set to Acquire Interthinx in $155 Million Deal

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First American Financial Corporation has announced the signing of an agreement with Verisk Analytics Inc. to acquire Interthinx Inc. Established in 1996, Interthinx provides solutions designed to help clients minimize risk, increase operational efficiencies, satisfy regulatory requirements, manage data verification and ensure compliance. The company is best known for FraudGUARD, its mortgage fraud analytics product.Click to continue

New Interthinx Offering to Assist With CFPB's QM Requirements

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Interthinx has announced that the Qualified Mortgage (QM) test in its PredProtect Regulatory Compliance Automation Suite will be available in early October. This will provide its clients with test access a full 90 days before the Consumer Financial Protection Bureau (CFPB) rule enforcement date. Interthinx is a leading provider of comprehensive compliance and risk mitigation solutions for the financial services industry.Click to continue

Interthinx Zeroes in on Mortgage Fraud and CFPB at National Risk Summit

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Interthinx recently hosted its annual National Risk Summit in Avon, Colo., an event created to promote open discussion about the risks and challenges of the current marketplace. Organized along multiple tracks, including mortgage fraud, compliance/quality control, and retail lending, the National Risk Summit format encouraged attendees to individualize their learning experience.Click to continue

Mortgage Fraud Sees Four Percent Quarterly Rise

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Interthinx has released its quarterly interactive Mortgage Fraud Risk Report, covering data collected in the second quarter of 2013. Overall, the national Mortgage Fraud Risk Index value is 104 this quarter, a four percent increase from both last quarter and from one year ago.Click to continue

California Remains Riddled With Mortgage Fraud Cases

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Interthinx has released its quarterly Mortgage Fraud Risk Report, covering data collected in the first quarter of 2013. With the debut of its new interactive report, Interthinx has made major changes and enhancements to its Mortgage Fraud Risk Index. It is now possible to explore different views of meaningful data simply by clicking on the various elements of the online report. According to the most recent analysis, occupancy fraud risk nationwide increased 15 percent over the previous year. 

Other notable findings in the report include the following:Click to continue

Joel Veenstra to Lead Sales at Titan Capital Solutions

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Titan Capital Solutions (TCS), a wholly-owned correspondent lending subsidiary of mortgage outsource services provider Titan Lenders Corporation, has hired Joel Veenstra, a 24-year financial services sales executive, to lead its sales team as national sales director. In addition to his sales leadership duties, Veenstra will be responsible for driving Titan’s growth into agency product and a bulk purchasing program in 2013.Click to continue

Former Interthinx Head Kevin Coop Joins ServiceLink to Lead Enterprise Strategy

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ServiceLink, an end-to-end origination, servicing and default solutions provider for mortgage lenders and servicers, has announced that Kevin Coop has joined as executive vice president of enterprise strategy. Coop will coordinate overall business development for ServiceLink’s originations and default sales teams, marketing group and product development strategy team. He also manages the continued development and execution of the enterprise growth strategy for ServiceLink’s top accounts, while growing the emerging market segment and strategy.Click to continue