RISK MITIGATION
Loan Underwriting
Industry Challenges
    The need to make quick decisions must be matched by the need to make valid judgments to avoid losses. Areas of concern include:
  • Human errors
  • Outdated manual systems for loan approvals
  • The inability to identify problem loans quickly
  • Maintaining a balance between speed and quality
  • The need to access an applicant to reduce potential risk
  • Understanding national property markets
  • Inability to complete hundreds of check points quickly for data validation
  • Use of tools and websites that are not coordinated can result in information gaps
  • Over reliance on information entered on application/in files
  • Lack of industry data sharing
  • Lack of information available in non-disclosure states
Industry Solutions
In recognition of the importance of valid data to make intelligent risk decisions, Interthinx has created a suite of products that provide proven, automated solutions. Using a complex network of borrower, third party and collateral data correlated with pattern matching analytics and industry experience, Interthinx is able to predict the risk of delinquency based on a scoring model proven for superior risk assessment and loss severity mitigation. With less focus on manual data validation, Interthinx provides more focus on credit analysis, shared industry data and insight into property trends.