Mortgage Fraud Detection Training Video Earns Multiple Awards
Agoura Hills, CA (PRWEB) June 21, 2007 -- Interthinx®, Inc., the leading provider of risk mitigation and regulatory compliance tools for the mortgage industry, has garnered 13 awards in video/film achievement for its free mortgage fraud detection training film, FSISM:Fraud Scheme Investigation. The innovative and timely project has won national Telly, Aurora, Communicator and Addy Awards for categories such as "Issue Awareness," "Training," "Public Service," "Writing," "Directing," "Editing" and "Cinematography." Additionally, FSI was an "Official Selection" for the World of Comedy Film Festival in Toronto, a rare acknowledgement for a training DVD.
"The current mortgage market and sub prime collapse illustrates a need for improved and effective mortgage fraud detection training tools. FSI was purposely created as a parody of a popular primetime, crime scene investigation television series and inspired by actual events to yield maximum viewer learning retention," noted Mike Zwerner, senior vice president of business development and marketing for Interthinx.
The film focuses on an illegal property flipping case and provides 25 "DVD Chapters" for training on other types of mortgage fraud scams. "We're certainly thrilled to receive the accolades from professional judges, but we're even more excited about the number of DVD requests, the massive acceptance and implementation of FSI training by lenders, investors and law enforcement agencies across the country," continued Mr. Zwerner. "Fraud is no doubt a component in the sub prime market collapse. Let's hope this component will be mitigated going forward thanks to tools like FSI, future training films produced by Interthinx and predictive technologies provided by Interthinx."
"The challenge for training departments is how to effectively grab the attention of today's employees to convey the importance of the material," said Karen Shreve, executive vice president, Flagstar Bancorp. "How do you discuss 'taboo' topics, such as social pressure, sales and business pressures, and use of the word 'fraud' in the workplace? The answer is FSI, which Flagstar has found extremely effective."
In today's volatile market, mortgage companies need smarter interception strategies to combat increasing fraud. Financial institutions around the country have requested more than 1700 FSI DVD's. In addition, various local and Federal authorities, Government Sponsored Enterprises (GSE's), law offices, and private investigators have requested the award-winning film. Overwhelming support for the film has also been demonstrated by 80 supporting nominations from third parties and industry professionals for Mortgage Technology Magazine's "Steve Fraser Award", bestowed upon an outstanding mortgage technology innovator, visionary or evangelizer.
For more information, visit www.FSIMovie.com
About Interthinx
Interthinx, Inc., an ISO business, is the nation's leading provider of risk mitigation and regulatory compliance tools for the financial services industry. Used at every point in the mortgage lifecycle to prevent mortgage fraud, compliance violations and to assess risk, Interthinx is relied upon by over 1400 customers, including 15 of the top 20 mortgage lenders and 3 of the top 5 largest financial institutions. With technology which earned Mortgage Technology Magazine's prestigious 10X Award as "a diagnostic and corrective solution of the highest order," Interthinx expertise in predictive analytics, data mining and risk scoring sets the standard for the industry and directly increases the value of client portfolios. For more information, visit www.interthinx.com or call (800) 333-4510.
About ISO
ISO is a leading provider of products and services that help measure, manage and reduce risk. ISO provides data, analytics and decision-support solutions to professionals in many fields, including insurance, finance, real estate, health services, government and human resources. Clients use ISO's databases and services to classify and evaluate a variety of risks and detect potential fraud. In the U.S. and around the world, ISO services help customers protect people, property and financial assets. For more information, please visit www.iso.com.
Media Contact: Ron Demeter
(213) 486-6560 x315
Corporate Contact: Kristi Kennelly
(818) 878-2844
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