Overview
With over 28 million loan reviews performed for the industry's leading institutions, Mavent is the mortgage industry’s primary provider of automated regulatory compliance solutions. Mavent analyzes electronic mortgage loan data to determine whether a mortgage transaction complies with over 330 federal and state consumer protection laws related to mortgage lending. The Mavent Expert SystemThe keystone to Mavent’s products and services is the Mavent Expert System, a patented, knowledge-based system designed to enhance regulatory risk management for the nation's leading residential mortgage businesses. Mavent configures the Mavent Expert System to provide customized automated compliance engines (ACEs) that are unique to each client’s regulatory needs and risk tolerances, based on their lending authority, legal interpretations, polices and production workflow.Baseline Compliance ReviewsThe Mavent Expert System features an extensive library of meticulously-developed Baseline Compliance Reviews. These reviews are jointly developed and supported by Mavent's in-house Legal Team and its network of nationally recognized consumer credit law firms, which includes Hudson Cook and Buckley Kolar- the same nationally recognized legal experts on which leading mortgage institutions rely.The Mavent Expert System, and the Baseline Compliance Reviews it contains, quickly and cost-effectively reviews loan data for compliance with over 300 consumer protection laws and regulations, roughly 153 license types, and the rules and regulations of more than 65 regulatory authorities. |
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