ISGN, a provider of end-to-end technology solutions and services to the mortgage industry, has partnered with Interthinx, a provider of risk mitigation solutions covering mortgage fraud, collateral valuation, regulatory compliance, audit services and loss forecasting, to add Interthinx’s FraudGUARD fraud detection solution and PredProtect Compliance Suite of automated compliance solutions to the MORvision loan origination system Plug-In Partner Network. By adding these fraud detection and automated compliance solutions to the MORvision network of integrated third party solution providers, ISGN is empowering its users with seamless access to tools that prevent fraud and ensure compliance—all prior to loan funding.
According to the FBI’s 2009 Mortgage Fraud Report “Year in Review,” mortgage fraud increased in 2009 and the market remains an attractive environment for those who want to commit fraud.
“The plug-and-play integration of the Interthinx solutions and MORvision is streamlined and seamless,” said Mike Zwerner, senior vice president of Interthinx. “MORvision users will no longer have to manually re-key data to utilize either solution. All pertinent information can be seamlessly transferred into FraudGUARD and PredProtect with just a few mouse clicks, providing users with the convenience and peace of mind that comes from a reliable, integrated solution.”
“With tougher standards, stricter enforcement and a new wave of anti-predatory lending laws, originators are more concerned than ever with fines, fees and even class action lawsuits,” said ISGN Group President Niraj Patel. “As part of MORvision’s comprehensive set of solutions, we want to give our users the tools they need to succeed. By giving seamless, integrated access to the Interthinx Enterprise of Fraud Management and Regulatory Compliance Solutions, we’re providing our users with the power to proactively protect themselves. That assurance is good for both the lender and the investor.”
For more information, visit www.ISGN.com or www.interthinx.com.