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Mavent Integrates Into Calyx Software System

Tuesday, October 16, 2007 5:00:00 AM PDT | VentureDeal Staff

IRVINE, CA -- Mavent Inc. announced that it has successfully integrated its Expert System into the Calyx Point loan origination and processing system.

Using Calyx' WebConnect system, Mavent will enable Calyx server users to quickly review loan data against nearly 300 legislative acts, 200 license types, rules and regulations of over 60 regulatory authorities and various compliance policies of industry investors.

Mavent is a provider of automated regulatory compliance systems and says it is used in nearly 50% of all mortgage loans originated, funded or sold.

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