Mavent Inc., a provider of automated regulatory compliance solutions to the mortgage industry, and Calyx Software, maker of the Calyx Point loan origination and processing system, have partnered to integrate the Mavent Expert System into Calyx Point.
According to the companies, using Calyx WebConnect technology, the Mavent interface will enable Point and Point Data Server users to review loan data against nearly 300 legislative acts, roughly 200 license types, the rules and regulations of over 60 regulatory authorities and the mandated compliance policies of the industry's leading investors prior to closing.