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IAS360 House Price Index rises 1.1 percent in June

National Mortgage Professional
Aug 12, 2008

Interthinx provides name-matching technologyMortgagePress.comfraud alerts, identify variations To further increase the accuracy of the information reported within its Third Party Review (TPR) comprehensive background check on brokers, Interthinx Inc. has added advanced name-matching into its technology platform. The platform enhancement will drastically improve the veracity of alerts and reduce false positive alert notifications that trigger client watch lists, the Office of Foreign Asset Control, Freddie Mac's Exclusionary, the U.S. Department of Housing and Urban Development's Limited Denial of Participation, the National Fraud Protection Database and bankruptcy databases. "Most name-matching solutions identify variations due to phonetic errors, accounting for only 20 to 25 percent of all name matching errors," stated Stacey Louie, senior vice president of product development and engineering for Interthinx. "In addition to phonetic errors, the Interthinx solution will overcome common variations associated with misspellings, transpositions, acronyms, nicknames and many other errors, providing our customers better precision when approving or denying business partners." "In today's market, lenders need to know with certainty that their third-party business partners are reputable, reliable, and of good character," stated Ann Fulmer, vice president of Interthinx. "This latest technology achievement by Interthinx leaves the fraudsters with even less room to hide." For more information, visit www.interthinx.com.
Published
Aug 12, 2008
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