Interthinx, Inc., a subsidiary of First American Financial Corporation (NYSE: FAF) and a leading provider of comprehensive risk mitigation solutions for the financial services industry, has been named the recipient of Mortgage Technology magazine’s 2014 Lasting Impact Award.
The Mortgage Technology Awards Ceremony, marking its 15th year honoring innovative leaders in mortgage technology and services, was held the opening night of the Mortgage Banker’s Association Annual Conference on October 19 in Las Vegas. The Lasting Impact Award “acknowledges an individual, group or company responsible for a technology initiative or development proven to have an enduring influence that has transformed mortgage finance.” Nominations for the awards were reviewed and judged by members of Mortgage Technology's editorial staff and selected by mortgage industry executives.
According to the magazine’s coverage of its 2014 award recipients:
Interthinx has created a model for the mortgage industry to adapt to loan quality standards and compliance requirements throughout the mortgage loan lifecycle. The firm was an early proponent of data standards to support loan quality, specifically for fraud detection, from origination through servicing. Interthinx also prepared its clients and the industry for a time when total loan quality would be embraced throughout the loan lifecycle… Today, Interthinx technology encompasses risk mitigation products and services focused on quality control, collateral risk and valuation, regulatory compliance, forensic loan audit services, loss mitigation, and loss forecasting.
“It is an extraordinary honor for Interthinx to receive the Lasting Impact Award from Mortgage Technology magazine, since it reflects our passion for developing loan quality risk management solutions that are helping to transform mortgage finance,” said Jeff Moyer, president of Interthinx. “We are appreciative of the support we received from our peers across the industry and want to thank Mortgage Technology magazine for its steady commitment to technology innovation and excellence.”
“We are so proud to have Interthinx as part of the First American family, and that’s further validated by its selection for the Lasting Impact award,” said George Livermore, executive vice president and division president, First American. “Interthinx has a spirit of innovation that blends perfectly with our commitment to leading the industry with a pursuit of certainty in lending and manufacturing defect-free loans. Together we are committed to ensuring we’re always on the forefront of our customer’s needs.”
Interthinx, Inc., a subsidiary of First American Financial Corporation (NYSE: FAF), provides essential solutions to mitigate risk in the mortgage lending marketplace. Interthinx offers capabilities in mortgage fraud and verification, property valuation, compliance, quality control and loss mitigation that are used by the nation's top financial institutions. Interthinx helps its clients minimize risk, increase operational efficiencies, satisfy regulator demands, manage data verification and remain compliant. For more information, visit www.Interthinx.com or call 1-800-333-4510.
About First American
First American Financial Corporation (NYSE: FAF) is a leading provider of title insurance, settlement services and risk solutions for real estate transactions that traces its heritage back to 1889. First American also provides title plant management services; title and other real property records and images; valuation products and services; home warranty products; property and casualty insurance; and banking, trust and investment advisory services. With revenues of $5.0 billion in 2013, the company offers its products and services directly and through its agents throughout the United States and abroad. More information about the company can be found at www.firstam.com.