Mavent Offers Web Compliance Tool

Mavent Inc., Irvine, Calif., has launched 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 flagship automated compliance software that collects and processes electronic loan data against a legal rules repository. In addition, MC2 offers several proprietary features and workflow methodologies that enable users with limited or no access to electronic loan data to input information for a review, Mavent said. 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 can be found on the Web at http://www.mavent.com.