Countrywide expands closing assistance program, launches modification program

Nov 06, 2007

Interthinx integrates FEMA alerts and regulatory compliance modulesMortgagePress.comMortgage regulatory compliance,disaster readiness Interthinx Inc. has announced the integration of Federal Emergency Management Agency (FEMA) alerts into its FraudGUARD loan-level fraud detection product. This enhancement will automatically provide lenders with supplemental information, when a subject property is located in an area where FEMA has issued an alert. In addition, Interthinx Inc. has introduced regulatory compliance modules within its PredProtect compliance product, allowing users to input company licenses and then selectively trigger state-level tests within the "license administration" function. Agoura Hills, Calif.-based Interthinx Inc. is a provider of fraud prevention, compliance and decision support tools for the mortgage industry. For more information, call (800) 333-4510 or visit www.interthinx.com.

About the author

National Mortgage Professional

Link copied

Published

Nov 06, 2007

Regulation and Compliance

Mortgage Servicers Added To Junk-Fee Naughty List

New release from CFPB lays out areas of improvement, and concern, for mortgage servicers.

The Consumer Financial Protection Bureau (CFPB) today published new supervisory highlights describing the regulator's recent actions to combat junk fees charged by mortgage servicers, as well as other illegal practices. The CFPB has also announced that it is working to addre...

Analysis and Data

Every Dollar A Fraudster Makes, A Financial Firm Loses $4.41

U.S. investment firms and credit lenders see a 9% annual increase in the financial impact of fraud.

Overall fraud increased at least 6% for 63% of financial firms within the past year, with digital channels accounting for half of the overall fraud losses, according to LexisNexis True Cost of Fraud Study: Financial Services and Lending Report — US and Canada Edition. U....