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Interthinx's ValueGUARD Upgrade to Feature Increased Transparency and Interactive Google Mapping

NationalMortgageProfessional.com
Oct 10, 2011

Interthinx has announced the release of major enhancements to its risk solution, ValueGUARD, strengthening the platform with data fortification, improved visibility, and an elevated user experience offering interior and exterior MLS photos of neighborhood comparable sales, listings and distressed property exhibits, as well as interactive Google mapping with satellite images and the ability to select comparables from neighborhood sales and listings. Using analytics along with proprietary, public and MLS data (including broker remarks) and imaging, ValueGUARD assists users in increasing their risk detection proficiency, while offering product transparency. Problematic issues surrounding property value and marketability can be easily identified, prioritized and ultimately mitigated. “The market has enthusiastically embraced our ValueGUARD offering as a primary tool in its mission to increase the integrity and quality of collateral as surety for a loan. However, Interthinx is constantly working to address the market’s ongoing needs, enhancing and adjusting our solutions to the pertinent issues of the day,” said Mark Chapin, chief valuation officer at Interthinx. “A fierce commitment to research and development, backed by our stability and the support of our parent company, enables continual product innovation. We believe the current enhancements to ValueGUARD are spot-on and reflect our users’ need for accuracy and efficiency in their processes.” Interthinx also added increased bandwidth in the analysis of some of the components of “shadow inventory,” with a new distressed property section allowing users to see what might affect their subject’s area in the near future from that important standpoint. Additionally, it is now possible for users to create their own side-by-side comparison of their subject to any sale or listing contained within ValueGUARD, adding to process efficiency. “From a regulatory perspective, the concern about automated valuation and risk products is the assumption of the condition of the property,” said Christina Reynolds, senior product manager for Interthinx. “ValueGUARD provides a photo from the time of listing that may be useful at a future date. Also, from a servicing perspective, the distressed property details provide local trends that give ValueGUARD users critical insight into future value declines. This level of transparency is vital to lenders currently coping with issues such as shadow inventory, potential flip activity, and marketability of assets.”
Published
Oct 10, 2011
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