Street Resource Group Partners with Interthinx(TM) to Provide a Secure Warehouse Platform; SRG, Interthinx Enable Warehouse Lenders, Originators to Efficiently Detect, Prevent Fraud.
"Street Resource Group is committed to meeting the needs of the rapidly expanding warehouse lending marketplace," said Stanley Street, president of SRG. "An integral part of that commitment is providing our customers with the most secure platform possible, powered by cutting-edge fraud detection and prevention tools. Our partnership with Interthinx will both keep the SRG platform at the forefront of warehouse lending technology and provide immediate benefit to our customers and their originators."
SRG integrated DISSCO to enhance fraud detection and prevention both for warehouse lenders and the originators with which they do business. DISSCO is a comprehensive, forensic, electronic fraud prevention tool that helps to reduce repurchases, default and delinquency costs and losses due to fraudulent transactions. DISSCO searches hundreds of data fields and identifies misinformation from a loan application through its access to the most current and comprehensive information and myriad of internal and external databases.
SRG's core product, the SRG Warehouse Loan System, streamlines the warehouse lending process and automates functions related to managing a warehouse loan pipeline. SRG provides warehouse lending-specific technology and consulting solutions that automate the warehousing process, enabling lenders to increase efficiency and decrease per loan processing costs while gaining a competitive advantage. Additionally, originators gain the advantage of increased efficiency, security and data integrity in the funding process and immediate monitoring of loan status throughout the entire warehouse loan lifecycle.
"Interthinx is dedicated to stopping fraud in all sectors of the mortgage industry, and our fraud prevention tools are applicable across all lending spaces," said Kevin Coop, president of Interthinx. "Our partnership with Street Resource Group gives us the opportunity to stand with a leader in this vibrant lending sector and enable warehouse lenders to reduce risk, increase productivity and turnaround time and maximize loan quality."
With dual headquarters in Calabasas, Calif., and Weldon Spring, Mo., ISO's Interthinx division is a leading provider of comprehensive fraud prevention and decision support tools, enabling mortgage professionals to reduce risk, increase productivity and turnaround time, and maximize loan quality. Its products and services allow customers to interpret and validate loan application and third-party data electronically, and detect and manage fraud, while reducing future risks and mitigating losses. Interthinx's origins have equipped its team of experts with a deep understanding of the industry and vast experience in fraud prevention, for which they have developed sophisticated analysis methodologies. For more information, visit www.interthinx.com.
Atlanta-based Street Resource Group, Inc. (SRG) was founded by Stanley Street in 1986 as a technology solutions provider to the financial services industry. In 1999, the company made a strategic transition into the warehouse lending industry. For the past six years, SRG has focused solely on providing innovative technology solutions and software platforms specific to warehouse lending. SRG's core product is the SRG Warehouse Loan System, a configurable Microsoft SQL2000 .NET platform that provides an automated workflow environment for secure online real-time warehouse lending. This solution is specifically designed for warehouse lending and incorporates all of the functionality needed to manage lenders' loan pipelines and business processes. For more information, visit www.streetresource.com.
Interthinx is a trademark of ISO Properties, Inc.
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|Date:||Oct 20, 2005|
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