Clayton, AllRegs Form Alliance

Clayton, a provider of automated compliance software, and AllRegs, a regulatory content provider for residential mortgage lenders, have announced a partnership that will facilitate access to AllRegs' legislative database by users of Clayton's High-Cost Analyzer.The High-Cost Analyzer is a Web-based application that uses standard loan data to calculate whether a loan exceeds thresholds for so-called high-cost or predatory loans under various federal, state, and local laws. During the analysis, the user can "drill down to both the summary and full text of the legislation, greatly reducing the time and effort involved to research legislation," the companies said. Clayton, based in Shelton, Conn., can be found online at http://www.clayton.com, and AllRegs, based in Eagan, Minn., can be found at http://www.allregs.com.