Interthinx Awarded General Services Administration Certification

January 1, 2011 / 2 min read

Federal government agencies can now purchase proven fraud mitigation tools directly

AGOURA HILLS, CA, December 9, 2010 — Interthinx has been awarded a Federal Supply Schedule contract by the General Services Administration (GSA), enabling Interthinx to sell its products and services directly to federal government organizations. Interthinx is a leading national provider of comprehensive risk mitigation solutions in the areas of mortgage fraud, collateral valuation, regulatory compliance, audit services, and loss forecasting.

Under the GSA Schedules Program (also referred to as Multiple Award Schedules and Federal Supply Schedules), the GSA establishes long-term government wide contracts with commercial firms to provide access to products and services directly from GSA Schedule contractors. Streamlining the government procurement process, the contract allows government customers to buy critical offerings at pre-negotiated rates certified by the GSA as “the most favorable.” Under the Financial and Business Solutions Schedule, Interthinx (Contract # GS-23F-0009X) will offer government customers access to mortgage risk mitigation tools such as FraudGUARD®, Third Party Review (TPR), SafeCheck^®, SSN Direct and PredProtect^®.

“There has never been a more crucial time for a prioritized focus on fraud mitigation and regulatory compliance in the mortgage markets,” said Kevin Coop, president of Interthinx. “The completion of this certification process provides government customers advantaged pricing, lower operational costs, reduced risk, and higher quality loans.”

About Interthinx
Interthinx, a Verisk Analytics subsidiary, is a leading national provider of comprehensive risk mitigation solutions in the areas of mortgage fraud, collateral valuation, regulatory compliance, audit services, and loss forecasting. The Interthinx quarterly Mortgage Fraud Risk Report is a standard for the financial services industry and includes analysis of national mortgage fraud risk with indices for the most common types of risk. At every point in the mortgage life cycle, the Interthinx suite of services can directly increase the value of client portfolios. Winner of Mortgage Technology magazine’s 10X Award, Interthinx is a charter participant in the national fraud prevention database MERS® FraudALERT, a powerful utility that allows members of the mortgage industry to share data while maintaining privacy in a secure environment. For more information, visit www.interthinx.com or call 1-800-333-4510.

Release: Immediate

Contact:
Rick Grant
800-979-9049 (Telephone)
570-497-1026 (Cell)
rick@rickgrant.net