Wednesday, January 11, 2006

Mavent Gets Win From LendingTree

Irvine-based Mavent, a developer of automated compliance systems for the mortgage loan industry, has scored a win with LendingTree. LendingTree, a provider of mortgage loans and operator of HomeLoanCenter.com, will use Mavent's software to review applications for compliance with lending rules and regulations. Mavent's expert system software flags loan applications for issues, and checks against state and local regulations. Mavent is backed by FTVentures.