Desert Document Services, Inc., Partners with Mavent Inc.; The Industry's Most Comprehensive Regulatory Compliance Solution is Now Available to DesertDocs Customers.

IRVINE, Calif. -- Desert Document Services(R), Inc. (DesertDocs)(R), a leading provider of document solutions to the mortgage industry has partnered with Mavent Inc. (Mavent), creator of the industry's most comprehensive automated compliance solution, to offer a seamless interface between the Mavent Expert System and DesertDocs' BrokerDocs(R) and DesertDocs Web(R) online closing document solutions.

The Mavent Expert System includes a comprehensive automated compliance solution for the residential mortgage industry. DesertDocs' customers, who benefit from XML-enabled Web services for mortgage documents, can submit loan data for reviews against more than 288 legislative acts, 183 license types, and rule sets from 62 regulatory authorities. Examples of review functions performed include: Truth In Lending Act (TILA) analysis, federal, state and local anti-predatory lending laws; all other state consumer credit laws; lender and broker licensing checks; Office of Foreign Asset Control (OFAC) and, Home Mortgage Disclosure Act (HMDA) regulations. The data can also be applied against lender and investor-defined rules to help ensure proper program execution and asset salability. The Mavent Expert System is maintained by a network of more than 40 law firms and is supported by more than 6,500 pages of legal rules documentation.

Mavent's mortgage compliance service will be offered as an optional service to DesertDocs' customers and fortifies the audit rules and compliance systems that are currently included in DesertDocs' products for brokers, wholesalers, correspondents, mortgage lenders, retail banks and credit unions.

"Our customers are leading financial institutions interested in producing the highest quality products," said Ruth Thompson, CEO of Desert Document Services. "They are requesting more sophisticated compliance processes that are automated and integrated as part of the closing document process. By integrating the Mavent Expert System within our Web applications, we now can provide easy access to services that are of great value to the Desert Document Services customer, saving both time and money."

Desert Document Services began supporting an XML Web Services platform more over 1 1/2 years ago and has recently begun delivering closing documents in XHTML, thus delivering support on any printer with all documents printed on 8 1/2 x 11 paper. For any customers working with MISMO standards or an eMortgage initiative, the XML and XHTML environment provides excellent service options to integrate with lenders' in-house systems and tie the data and documents together. DesertDocs' closing solutions support both paper-based and e-Mortgage loans from the same system without customers having to retool.

"DesertDocs has built its strong reputation by delivering the highest quality service to its customers," said Tim Green, CEO of Mavent Inc. "Combining the Mavent Expert System with its superior services enables DesertDocs to offer customers unsurpassed protection from the financial and reputational risks of regulatory non-compliance. DesertDocs and Mavent's holistic compliance solution enables lenders who are serious about risk management to automate, centralize and control the compliance process with the backing of the industry's largest network of prominent consumer credit law firms and individual practitioners."

"Running the Mavent Automated Compliance service is an added value because Mavent supports the XML interface standard," said Tim Underwood, CTO of Desert Document Services. "Our customers now have a simple one step click to engage the Mavent Expert System validations."

About Mavent

Mavent, Inc. is a leading provider of automated compliance solutions for the financial services industry. Mavent, founded in 1999, is the developer of the Mavent Expert System (patent pending). The initial product developed with the Mavent Expert System is a rules-based enterprise application that provides the residential mortgage industry with the industry's most comprehensive consumer credit knowledgebase, enabling leading lenders to more efficiently and effectively comply with federal, state and local consumer lending laws, rules and regulations. The Mavent Expert System has conducted more than 4 million compliance reviews to date. The company is headquartered in Irvine, Calif., with an office in New York. Mavent Inc. is SAS 70 certified by Ernst and Young LLP and is financially backed by Financial Technology Ventures (FTVentures). For more information on Mavent, contact Louis Pizante, vice president, Sales and Strategy at 949-474-4732 or visit the company Web site at www.mavent.com.

About Desert Document Services, Inc.

Desert Document Services (DesertDocs) leads the industry by providing pioneering technologies and best-of-breed solutions to securely deliver the right documents, at the right time for the right borrower. Since 1983, DesertDocs maintains its reputation as the mortgage industry's experienced and trusted partner, providing nationwide service and compliant document solutions. By eliminating errors, improving lender productivity, and ensuring quality through easy-to-use, 100% Web-based XML applications, DesertDocs is the best choice for document control solutions. For more information call 800-726-9898 or visit the company's web site at www.desertdocs.com.