Interthinx Inc., Agoura Hills, Calif., has announced the integration of advanced cascading automated valuation model (AVM) technology into its FraudGUARD risk mitigation system.
According to the company, the integration of the two products empowers FraudGUARD users to request a Clear Value cascading AVM directly from the FraudGUARD interface, providing new workflow efficiencies and reducing overall transaction processing time for lenders nationwide.
Upon user request, FraudGUARD will seamlessly pass subject-property details to Clear Value with no additional data entry required. Clear Value uses proprietary technology to deliver accurate subject property estimates. It also allows lenders and investors to incorporate credit policies and loan characteristics, such as geography, LTV, occupancy, loan purpose and others. The results of Clear Value will be conveniently returned and rendered within FraudGUARD.