July 8, 2004 — (WEB HOST INDUSTRY REVIEW) — Mavent Inc. (mavent.com), a provider of automated compliance solutions for the financial services industry, announced on Wednesday that it has selected AT&T (att.com) to host its Expert System, an application that gives the residential mortgage industry a consumer credit knowledgebase. According to Mavent, the application helps lenders and investors comply with federal, state and local consumer lending laws, rules and regulations.
In addition to hosting the application, AT&T is providing frame relay and Internet access service to Mavent’s Irvine, California-based headquarters. The three-year contract is worth $1.4 million.
