Skip to main content

Interthinx releases ValueGUARD risk assessment tool

NationalMortgageProfessional.com
May 17, 2010

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.
Published
May 17, 2010
The Fed: Tapering Could Start In November

Open Market Committee also expects to raise federal funds rate a year earlier, in 2022

Regulation and Compliance
Sep 23, 2021
HUD, FHFA: Freddie Mac Can Buy Group Home-Backed Loans

Agencies issue rule clarification after a mortgage lender refused to lend to an individual renting to a group home

Regulation and Compliance
Sep 23, 2021
Fannie Mae Plans To Restart Credit Risk Transfers In 2021

Paused Since March 2020, New CRT Transactions To Begin In October

Regulation and Compliance
Sep 21, 2021
Biden Nominates McCargo To Lead Ginnie Mae

Currently Serves As Senior Advisor For Housing Finance At HUD

Regulation and Compliance
Sep 14, 2021
OCC Plans To Rescind 2020 CRA Rule

The OCC formally issued a proposal to rescind a controversial rule within the Community Reinvestment Act (CRA) that was published in June 2020.

Regulation and Compliance
Sep 10, 2021
CSBS Changes Servicer Liquidity Policy

CSBS And MBA Encourage States To Adopt Consistently

Regulation and Compliance
Sep 08, 2021