Reviews

Baseline Reviews

• TILA
• HOEPA & High Costs
• Broker & Lender Licensing
• State Consumer Credit
• HMDA
• CRA^x
• OFAC/SSN

• Lender Profile
• Client Position Rules
• Custom Enterprise Rules

• Fannie Mae Requirements
• Other Investor Requirements

Baseline Compliance Reviews

Mavent’s in-house Legal Team, along with its network of outside counsel- the same nationally recognized legal experts on which leading mortgage lending businesses rely- work together to continuously identify and interpret the relevant laws, regulations, court opinions and trends for every state and local jurisdiction. This consensus approach ensures that the rules, which are the foundation for the Baseline Compliance Reviews, are well-reasoned. Each rule is then compiled, authored, implemented and tested by Mavent’s in-house Legal Team of consumer credit attorneys and quality assurance technicians.

Mavent’s approach to ensure that the complexities and nuances of compliance risk management are fully considered reflects its commitment to being the leading provider of the most accurate residential mortgage lending compliance solution in the industry. Each rule is set forth in over 7,000 pages of written documentation with citations and plain-English explanations, including the contact information of the outside counsel who approved each rule. All of the rules are maintained with commencement and expiration dates, thus enabling accurate reviews of seasoned loans.