Mavent Compliance Service ensures that staying compliant doesn't have to be costly or time-consuming. It provides instant notifications when you're out of compliance, allowing you to immediately make changes to improve loan quality, increase efficiency, and boost your bottom line. Mavent offers flexibility, improved workflow, easy integration, and a boost to your profitability. It has a proven compliance record with over 75 million completed reviews and is trusted by industry leaders, including Fannie Mae. Continuous updates by industry, compliance, and legal experts ensure real-time compliance. Mavent simplifies compliance with a straightforward PASS/FAIL status and integrates with leading loan origination systems for easy setup with your existing workflow. Customizable reports and business rules allow you to tailor Mavent to your specific workflow, with the flexibility to customize the frequency, milestones, and timing of compliance checks and audits. By automating manual tasks, Mavent helps organizations stay in compliance with fewer hours and less staff, leading to better compliance and improved profitability. It automatically checks for hundreds of state and federal laws and regulations, including ability to repay (ATR) and updated qualified mortgage (QM) reviews, federal and state high-cost threshold tests, geocoding and address validation, and Home Mortgage Disclosure Act (HMDA) review. Mavent is integrated with leading loan origination systems and partners with compliance providers to maximize accessibility and efficiency.

Features:

• Proven compliance: Over 75 million completed reviews and trusted by leaders including Fannie Mae. Continuous updates by industry, compliance, and legal experts ensures real-time compliance.
• Easy-to-use: Mavent takes the guesswork out of compliance with a simple PASS/FAIL compliance status. And integration with leading loan origination systems, means an easy set up with your existing workflow.
• Workflow flexibility: Customizable reports and business rules make it easy to tailor Mavent to your workflow. Plus you have the flexibility of customizing frequency, milestones, and timing of compliance checks and audits.
• Improve profitability: Eliminate costly and time consuming manual tasks with automation. Mavent helps organizations stay in compliance in fewer hours, with less staff for better compliance and a better bottom line.
• Reduce or eliminate errors: Staying in compliance