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Interthinx Releases New Forecasting Tool

""Interthinx"":http://www.interthinx.com announced ""TrueOutlook"":http://www.strategicanalytics.com/svc_trueoutlook.php, a tool that allows financial institutions to predict the quality of loans in a portfolio.

According to a company release, TrueOutlook allows institutions of different sizes to forecast and stress test portfolios against different originations strategies and economic factors. This helps lenders to know to what extent risk is within their control.

TrueOutlook also allows small to mid-tier banks and credit unions have access to technology previously available only to larger financial institutions.

""It's a comprehensive, cost-effective service that can be used for all U.S. consumer retail portfolios, such as auto loans, credit cards, home equity loans, and personal or small business loans,"" said Michael Smith, chief technology officer and chief architect at Interthinx. ""TrueOutlook is designed to meet the needs of organizations with limited internal resources and staffing.""

Based in Agoura Hills, California, Interthinx is a Verisk Analytics subsidiary and provides risk mitigation solutions focusing on mortgage fraud, collateral risk and valuation, regulatory compliance, forensic loan audit services, loss mitigation, and loss forecasting.

About Author: Esther Cho

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