Interthinx has announced the release of ValueGUARD, an automated collateral risk solution that revolutionizes the way property, neighborhood and market area risk can be assessed by lenders and investors. ValueGUARD identifies potential risk associated with the current value of a property—and the potential risk of future value deterioration—by leveraging
decades of company experience in appraisal and sophisticated data analytics.
Comprehensive sales/listing data, which goes beyond the typical lagging indicators provided by comparable sales, is provided to support and validate ValueGUARD results. Interthinx is a provider of proven risk mitigation, mortgage fraud prevention and regulatory compliance tools for the mortgage industry.
“Based on history and a meltdown none of us will forget, it’s important for lenders and investors to re-evaluate current collateral risk mitigation processes and embrace innovation,” said Mark Chapin, chief valuation officer for Interthinx. “ValueGUARD considers risk associated with the subject, neighborhood, and market—not just a single value. Only ValueGUARD incorporates MLS data, offers retrospective capabilities, and provides a transparent scoring model. With these exciting developments, the industry no longer needs to accept antiquated collateral risk tools.”
The collateral risk solution provides revolutionary analytics within a layout optimized for ease of use. Along with the option of integrating iAVM Plus, a market AVM (automated valuation model), an “alert-based and transparent scoring” streamlines collateral evaluation by identifying high-risk properties and guiding further underwriting processes. The solution also enables servicers to gain a better understanding of the valuation risk associated with their portfolios.
“ValueGUARD transforms the collateral risk market,” said Kevin Coop, president of Interthinx. “We are expanding our expertise in collateral risk mitigation by offering a critical solution with valuable data and intelligent design. I look forward to the market’s reception, as early feedback indicates the product addresses a growing need for more accurate collateral risk analysis using both historical and current market conditions.”
For more information, visit www.interthinx.com.