MC2 facilitates compliance reviewMortgagePress.comMavent Inc., web-based compliance review
Mavent Inc. has released the
Mavent Compliance Console (MC2), a Web-based portal that allows
lenders, loan purchasers and other mortgage-related businesses to
submit loan data for a complete compliance review.
With MC2, mortgage professionals can submit loan data on a
manual, batch or combined basis to the Mavent Expert System,
Mavent's automated compliance solution, which collects and
processes electronic loan data against a legal rules repository.
Previously, the Mavent Expert System was only accessible via a
seamless integration with an originating lender's loan origination
MC2 offers several proprietary features and workflow
methodologies that enable users with limited or no access to
electronic loan data to input information for review. MC2 also
includes a reporting tool that provides mortgage businesses with
detailed information on both a loan level and aggregate pipeline or
pool basis. Mavent's Transaction Reporting gives users the ability
to access and format data into custom reports.
Headquartered in Irvine, Calif., Mavent Inc. provides automated
compliance solutions for the mortgage industry. For more
information, call (888) MAVENT1 or visit www.mavent.com.