A Los Angeles company providing automated compliance and reporting services to the affordable housing industry will become part of fraud detection provider Interthinx, the company announced Thursday. ISO, parent corporation of Agoura Hills-based Interthinx, acquired Domus System for an undisclosed sum. The Domus System electronically collects, maintains, and reports on resident and property data. Current data can be updated, while historical information is securely stored to allow for outcome analysis and fund tracking. Interthinx recognized that the potential benefits with Domus in terms of data, analytics, and fraud metrics, said Interthinx President Kevin Coop, in a statement. “Combining these two highly successful business models under the ISO umbrella will also provide Domus increased capacity to develop innovative products, expand their customer base and training resources, and obtain the protection of industry leading data security warehouses and procedures,” Coop said. Interthinx is the nation’s leading provider of automated fraud protection, compliance and decision support tools for the mortgage industry.
