ISGN Partnership with Interthinx Protects Lenders from Fraud

""ISGN"":http://www.ISGN.com, a Pennsylvania-based provider of end-to-end technology solutions and services to the U.S. mortgage industry, recently partnered with ""Interthinx"":http://www.interthinx.com, a provider of risk mitigation solutions covering mortgage fraud, collateral valuation, regulatory compliance, audit services, and loss forecasting.

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As a result, ISGN will 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.

These additions to the MORvision network of integrated third party solution providers will prevent fraud and ensure compliance prior to loan funding, according to a statement from ISGN.

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""The plug-and-play integration of the Interthinx solutions and MORvision is streamlined and seamless,"" said Mike Zwerner, SVP 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.""

According to ISGN, compliance and fraud prevention are growing concerns. In addition to the new RESPA and Reg Z requirements, lenders are also faced with compliance changes from programs like Fannie Mae's Loan Quality Initiative, new valuation standards, and Uniform Mortgage Data Delivery.

""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.

Patel continued, ""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.""