DALLAS, Oct. 2, 2006 – MRG Document Technologies (MRG), a provider of document preparation services for the financial industry, announced its partnership with ProLender Solutions, Inc. (San Diego) to streamline the loan closing process.
The alliance links ProLender Solution Inc.’s LOS, ProLender, with MRG’s Miracle DocPrep platform and fully automates the ordering of loan closing documents. The interface developed by ProLender is a comprehensive “push-button” system that compiles loan data and directly links to the MRG server, which yields a faster closing process. When users of ProLender request loan closing documents through the automated interface, the information is transferred to MRG and the document packages are prepared and sent to the user. Due to the automated link of the direct interface, all ProLender customers now have access to the MRG system.
“Our partnership with MRG allows ProLender to give users another option in efficient loan closing services,” said Kevin Roczey, president of ProLender Solutions, Inc. “The alliance enables our clients to move loans through the closing process with a cost-efficient, state-of-the-art system.”
“Through our alliance, ProLender customers are offered an integrated data exchange that is customized to the individual needs of the lender,” said Terry King, group chairman of MRG. “Lenders now have an additional tool for closing documents that helps enhance their competitiveness.”
MRG prepares fully customizable loan closing documents and forms for use throughout the United States through its interfaced system. Designed by legal professionals and IT specialists, loan applicants and lenders benefit from the immediate and cost-effective customization of the documents to each lender’s specific mortgage documentation needs.
About ProLender Solutions, Inc.
Headquartered in San Diego, California, ProLender Solutions Inc. specializes in providing software solutions for the mortgage lending industry. The company’s flagship product, ProLender, is an affordable alternative to spreadsheets and manual systems as well as expensive legacy systems. The ProLender system incorporates all of the lending functions into one workflow system with built-in business rules that streamlines the mortgage lending process, allowing lenders to close more loans faster. For more information please visit our Website at www.prolender.com.
About MRG Document Technologies
Dallas-based MRG Document Technologies designs, maintains and warrants as compliant, electronic documents for the mortgage industry. Founded in 1980, the company has more than 400 customers including lenders of all sizes, located nationwide. With more than 150 employees, MRG is dedicated to bringing more than 3,000 lender-specific forms and documents, guaranteed to be in compliance with the most recent legislative and regulatory changes. For more information about MRG, visit www.mrgdocs.com.
Monday, October 2, 2006
Tuesday, August 15, 2006
MRG joins MERS® 1-2-3 Family of Document Preparation Providers
DALLAS, August 15, 2006 – MRG Document Technologies (MRG), a provider of document preparation services for the financial industry, announced its Miracle Online, an ASP-based software package that provides automated data entry, document selection and electronic delivery of loan documents for mortgage lenders, is now available to users through a direct interface with MERS® 1-2-3.
The new interface between MERS 1-2-3 and MRG provides correspondent lenders and brokers the option to select Miracle Online when generating a Mortgage Identification Number (MIN) and MERS as Original Mortgagee (MOM) documents.
“Incorporating MRG’s Miracle Online solution into the family of MERS 1-2-3 document providers gives our users another practical solution for creating fully customizable loan closing documents,” said Dan McLaughlin, executive vice president of MERS. “This initiative offers additional options that can help our members more efficiently move their loans through the closing process.”
MERS® 1-2-3 is a system used by both MERS members and non-members alike to develop closing packages and valid assignments to MERS for loans that do not designate MERS as the original mortgagee. The system also helps MERS members convert correspondents and brokers into MERS Ready trading partners.
“This interface enables us to provide an enhanced level of document preparation services to the MERS community,” said Terry King, group chairman of MRG. “By combining MERS 1-2-3 with our own Miracle Online, correspondent lenders and brokers now have a single source for generating MINs, registering loans on MERS and ordering fully compliant loan closing documents.”
MRG provides document preparation services throughout the country with a variety of secure delivery options. MRG’s forms and documents offer fully customizable interfaced systems and real-time automated compliance testing. Lenders benefit from the increased flexibility because the documents are designed by MRG’s staff of legal professionals and IT specialists and allow quick, cost-effective customization to meet each lender’s specific mortgage documentation needs. MRG document preparation services are also available through Byte Classic, Byte Software’s previous LOS system.
About MERS
MERS is an electronic loan registry created by the real estate finance industry to eliminate assignments when trading mortgage loans. Borrowers name MERS as mortgagee and nominee for the lender on deeds of trust and mortgages that are recorded in the county land records. Lenders then register the loans on the MERS® System and electronically track changes in servicing and beneficial ownership rights over the life of the loan.
Loans registered with MERS are inoculated against future assignments because MERS remains the mortgagee of record no matter how often servicing is traded between MERS members. Fannie Mae, Freddie Mac, VA, FHA, Ginnie Mae, the Federal Home Loan Bank MPF®, California and New York housing authorities, and all major Wall Street rating agencies have approved MERS.
About MRG Document Technologies
Dallas-based MRG Document Technologies designs, maintains and warrants as compliant, electronic documents for the mortgage industry. Founded in 1980, the company has more than 400 customers including lenders of all sizes, located nationwide. With more than 150 employees, MRG is dedicated to bringing more than 3,000 lender-specific forms and documents, guaranteed to be in compliance with the most recent legislative and regulatory changes. For more information about MRG, visit www.mrgdocs.com.
The new interface between MERS 1-2-3 and MRG provides correspondent lenders and brokers the option to select Miracle Online when generating a Mortgage Identification Number (MIN) and MERS as Original Mortgagee (MOM) documents.
“Incorporating MRG’s Miracle Online solution into the family of MERS 1-2-3 document providers gives our users another practical solution for creating fully customizable loan closing documents,” said Dan McLaughlin, executive vice president of MERS. “This initiative offers additional options that can help our members more efficiently move their loans through the closing process.”
MERS® 1-2-3 is a system used by both MERS members and non-members alike to develop closing packages and valid assignments to MERS for loans that do not designate MERS as the original mortgagee. The system also helps MERS members convert correspondents and brokers into MERS Ready trading partners.
“This interface enables us to provide an enhanced level of document preparation services to the MERS community,” said Terry King, group chairman of MRG. “By combining MERS 1-2-3 with our own Miracle Online, correspondent lenders and brokers now have a single source for generating MINs, registering loans on MERS and ordering fully compliant loan closing documents.”
MRG provides document preparation services throughout the country with a variety of secure delivery options. MRG’s forms and documents offer fully customizable interfaced systems and real-time automated compliance testing. Lenders benefit from the increased flexibility because the documents are designed by MRG’s staff of legal professionals and IT specialists and allow quick, cost-effective customization to meet each lender’s specific mortgage documentation needs. MRG document preparation services are also available through Byte Classic, Byte Software’s previous LOS system.
About MERS
MERS is an electronic loan registry created by the real estate finance industry to eliminate assignments when trading mortgage loans. Borrowers name MERS as mortgagee and nominee for the lender on deeds of trust and mortgages that are recorded in the county land records. Lenders then register the loans on the MERS® System and electronically track changes in servicing and beneficial ownership rights over the life of the loan.
Loans registered with MERS are inoculated against future assignments because MERS remains the mortgagee of record no matter how often servicing is traded between MERS members. Fannie Mae, Freddie Mac, VA, FHA, Ginnie Mae, the Federal Home Loan Bank MPF®, California and New York housing authorities, and all major Wall Street rating agencies have approved MERS.
About MRG Document Technologies
Dallas-based MRG Document Technologies designs, maintains and warrants as compliant, electronic documents for the mortgage industry. Founded in 1980, the company has more than 400 customers including lenders of all sizes, located nationwide. With more than 150 employees, MRG is dedicated to bringing more than 3,000 lender-specific forms and documents, guaranteed to be in compliance with the most recent legislative and regulatory changes. For more information about MRG, visit www.mrgdocs.com.
Tuesday, July 11, 2006
MRG and Dynatek Form Partnership
DALLAS, July 11, 2006 – MRG Document Technologies (MRG), a provider of document preparation services for the financial industry, announced the integration of its Miracle Online, an ASP-based software package that provides automated data entry, document selection and electronic delivery of loan documents for mortgage brokers and lenders, with Dynatek’s MORvision™ loan origination software.
The partnership streamlines the loan origination process by automating the ordering of loan closing documents. Dynatek’s customers can now seamlessly access Miracle Online through MORvision, where they request and receive loan closing documents.
“The alliance with MRG expands Dynatek’s growing Plug-In Partner Network to total 119connections and provides additional options for our lenders who use document preparation,” said Todd Luhtanen, president and CTO of Dynatek. “These lenders now have a direct link with their loan document preparation service provider, which will speed up their origination process and make it more efficient.”
“This alliance provides our mutual customers with an integrated data exchange that enhances their competitiveness,” said Terry King, group chairman of MRG. “By accessing Miracle Online, participating lenders have one-stop and seamless access to document design, preparation, compliance and delivery services.”
MRG prepares loan closing documents and forms for use throughout the U.S. that are fully customizable interfaced systems. Designed by legal professionals and IT specialists, lenders and loan applicants benefit from the quick and cost-effective customization of the documents to each lender’s specific mortgage documentation needs.
MORvision is Dynatek’s suite of mortgage automation software that seamlessly integrates with multiple service providers via their award-winning Plug-In technology. The company currently boasts nearly 120 Plug-Ins in 16 categories on their Plug-In Partner Network, which gives Dynatek customers a variety of choices to meet their origination needs, and provides for a smooth and simplified lending experience.
About Dynatek
Founded in 1986 and headquartered in Livonia, Mich., Dynatek has been revolutionizing mortgage automation for retail and wholesale lenders for two decades. Dynatek’s MORvision is a flexible solution that automates everything from point-of-sale and web origination through processing, underwriting, closing, secondary tracking and delivery. Dynatek is attributed with a long list of industry innovations including their award-winning Plug-In Partner Network and unique Control Center, which offers capabilities for eMortgage, business process management, and multi-client support. With Dynatek’s complete mortgage software solution and multi-faceted approach to customer service, the company has earned numerous industry commendations and the respect of hundreds of full-service financial institutions across the nation. For more information on Dynatek or to schedule a live demonstration, call 800.462.5545 or log on to www.dynatek.com.
About MRG Document Technologies
Dallas-based MRG Document Technologies designs, maintains and warrants as compliant, electronic documents for the mortgage industry. Founded in 1980, the company has more than 400 customers including lenders of all sizes, located nationwide. With more than 150 employees, MRG is dedicated to bringing more than 3,000 lender-specific forms and documents, guaranteed to be in compliance with the most recent legislative and regulatory changes. For more information about MRG, visit www.mrgdocs.com.
The partnership streamlines the loan origination process by automating the ordering of loan closing documents. Dynatek’s customers can now seamlessly access Miracle Online through MORvision, where they request and receive loan closing documents.
“The alliance with MRG expands Dynatek’s growing Plug-In Partner Network to total 119connections and provides additional options for our lenders who use document preparation,” said Todd Luhtanen, president and CTO of Dynatek. “These lenders now have a direct link with their loan document preparation service provider, which will speed up their origination process and make it more efficient.”
“This alliance provides our mutual customers with an integrated data exchange that enhances their competitiveness,” said Terry King, group chairman of MRG. “By accessing Miracle Online, participating lenders have one-stop and seamless access to document design, preparation, compliance and delivery services.”
MRG prepares loan closing documents and forms for use throughout the U.S. that are fully customizable interfaced systems. Designed by legal professionals and IT specialists, lenders and loan applicants benefit from the quick and cost-effective customization of the documents to each lender’s specific mortgage documentation needs.
MORvision is Dynatek’s suite of mortgage automation software that seamlessly integrates with multiple service providers via their award-winning Plug-In technology. The company currently boasts nearly 120 Plug-Ins in 16 categories on their Plug-In Partner Network, which gives Dynatek customers a variety of choices to meet their origination needs, and provides for a smooth and simplified lending experience.
About Dynatek
Founded in 1986 and headquartered in Livonia, Mich., Dynatek has been revolutionizing mortgage automation for retail and wholesale lenders for two decades. Dynatek’s MORvision is a flexible solution that automates everything from point-of-sale and web origination through processing, underwriting, closing, secondary tracking and delivery. Dynatek is attributed with a long list of industry innovations including their award-winning Plug-In Partner Network and unique Control Center, which offers capabilities for eMortgage, business process management, and multi-client support. With Dynatek’s complete mortgage software solution and multi-faceted approach to customer service, the company has earned numerous industry commendations and the respect of hundreds of full-service financial institutions across the nation. For more information on Dynatek or to schedule a live demonstration, call 800.462.5545 or log on to www.dynatek.com.
About MRG Document Technologies
Dallas-based MRG Document Technologies designs, maintains and warrants as compliant, electronic documents for the mortgage industry. Founded in 1980, the company has more than 400 customers including lenders of all sizes, located nationwide. With more than 150 employees, MRG is dedicated to bringing more than 3,000 lender-specific forms and documents, guaranteed to be in compliance with the most recent legislative and regulatory changes. For more information about MRG, visit www.mrgdocs.com.
Thursday, June 15, 2006
MRG Promotes Darci Johnson to Director of Marketing and Sales Support
DALLAS, June 15, 2006 – MRG Document Technologies (MRG), a provider of document preparation services for the financial industry, announced today the promotion of Darci Johnson to the position of director of marketing and sales support.
In her new capacity, Johnson is responsible for coordinating national marketing and sales efforts for MRG’s online Miracle product, which is used in the preparation of loan closing documents, and assisting in the development of MRG’s strategic marketing plans. She also manages communication between regional account executives and MRG’s centralized Installation and Training group located in Dallas.
Johnson previously served as MRG’s New England area marketing representative where she established and maintained business relationships with customers in the region and represented MRG at trade shows and user conferences. Before her move to New England, Johnson worked for more than four years in MRG’s Dallas office in the marketing and human resources departments.
“MRG’s ability to meet our customers’ demands for cost-effective mortgage technology is contingent upon having employees like Darci,” said Terry King, group chairman of MRG. “She has been an invaluable asset to MRG for many years now because she has the knowledge and background that benefit our customers.”
Designed by legal professionals and IT specialists, MRG’s documents and forms can be quickly and cost-effectively customized to each lender’s specific mortgage documentation needs. MRG’s technology solutions also offer an easy way to prepare and deliver the document packages via e-mail or through the company’s Web site.
About MRG
Dallas-based MRG Document Technologies designs, maintains and warrants as compliant, electronic documents for the mortgage industry. Founded in 1980, the company has more than 400 customers including lenders of all sizes, located nationwide. With more than 150 employees, MRG is dedicated to bringing more than 3,000 lender-specific forms and documents, guaranteed to comply with the most recent legislative and regulatory changes. For more information about MRG, visit www.mrgdocs.com.
In her new capacity, Johnson is responsible for coordinating national marketing and sales efforts for MRG’s online Miracle product, which is used in the preparation of loan closing documents, and assisting in the development of MRG’s strategic marketing plans. She also manages communication between regional account executives and MRG’s centralized Installation and Training group located in Dallas.
Johnson previously served as MRG’s New England area marketing representative where she established and maintained business relationships with customers in the region and represented MRG at trade shows and user conferences. Before her move to New England, Johnson worked for more than four years in MRG’s Dallas office in the marketing and human resources departments.
“MRG’s ability to meet our customers’ demands for cost-effective mortgage technology is contingent upon having employees like Darci,” said Terry King, group chairman of MRG. “She has been an invaluable asset to MRG for many years now because she has the knowledge and background that benefit our customers.”
Designed by legal professionals and IT specialists, MRG’s documents and forms can be quickly and cost-effectively customized to each lender’s specific mortgage documentation needs. MRG’s technology solutions also offer an easy way to prepare and deliver the document packages via e-mail or through the company’s Web site.
About MRG
Dallas-based MRG Document Technologies designs, maintains and warrants as compliant, electronic documents for the mortgage industry. Founded in 1980, the company has more than 400 customers including lenders of all sizes, located nationwide. With more than 150 employees, MRG is dedicated to bringing more than 3,000 lender-specific forms and documents, guaranteed to comply with the most recent legislative and regulatory changes. For more information about MRG, visit www.mrgdocs.com.
Wednesday, April 26, 2006
MRG Utilizes Southwestern Bell’s Data Center to Further Enhance
DALLAS, April 26, 2006 – MRG Document Technologies (MRG), a provider of document preparation services for the financial industry, announced it has completed the movement of all primary data and information systems to AT&T’s Internet data center in Dallas, Texas.
MRG selected AT&T’s IDC facility to further enhance the level of security for the company’s data and proprietary information, which is used in the preparation of loan closing documents. The facility houses MRG’s production Web applications, database servers and network equipment; provides 24 hour security and enables MRG to further insure uninterrupted service to lending customers. The AT&T site has been audited and certified as SAS 70 Type 2 compliant by a major national auditing firm.
“AT&T’s facility is one of the leading co-location facilities for the protection and management of proprietary information in the country,” said Terry King, group chairman of MRG. “Using the data center enables us to better serve our customers’ interests as it relates to security and continuity, and allows us to maintain our focus on providing doc prep services more efficiently.”
MRG is continuing to utilize their existing secondary data center as an additional site within MRG’s disaster recovery schema.
MRG’s core product, Miracle DocPrep, interfaces with all major front-end systems, providing LOS export and import connectivity, and can be accessed 24/7. A variety of optional document delivery methods are supported including e-mail, Internet, Web site download, as well as custom point-to-point connectivity.
MRG’s customizable document packages fit the needs of each individual lender and support all products including A-paper, sub-prime, option ARM lending programs and HELOCs. Custom correspondent lender programs are also supported throughout the country.
About MRG
Dallas-based MRG Document Technologies designs, maintains and warrants as compliant, electronic documents for the mortgage industry. Founded in 1980, the company has more than 400 customers including lenders of all sizes, located nationwide. With more than 150 employees, MRG is dedicated to bringing more than 3,000 lender-specific forms and documents, guaranteed to comply with the most recent legislative and regulatory changes. For more information about MRG, visit www.mrgdocs.com.
MRG selected AT&T’s IDC facility to further enhance the level of security for the company’s data and proprietary information, which is used in the preparation of loan closing documents. The facility houses MRG’s production Web applications, database servers and network equipment; provides 24 hour security and enables MRG to further insure uninterrupted service to lending customers. The AT&T site has been audited and certified as SAS 70 Type 2 compliant by a major national auditing firm.
“AT&T’s facility is one of the leading co-location facilities for the protection and management of proprietary information in the country,” said Terry King, group chairman of MRG. “Using the data center enables us to better serve our customers’ interests as it relates to security and continuity, and allows us to maintain our focus on providing doc prep services more efficiently.”
MRG is continuing to utilize their existing secondary data center as an additional site within MRG’s disaster recovery schema.
MRG’s core product, Miracle DocPrep, interfaces with all major front-end systems, providing LOS export and import connectivity, and can be accessed 24/7. A variety of optional document delivery methods are supported including e-mail, Internet, Web site download, as well as custom point-to-point connectivity.
MRG’s customizable document packages fit the needs of each individual lender and support all products including A-paper, sub-prime, option ARM lending programs and HELOCs. Custom correspondent lender programs are also supported throughout the country.
About MRG
Dallas-based MRG Document Technologies designs, maintains and warrants as compliant, electronic documents for the mortgage industry. Founded in 1980, the company has more than 400 customers including lenders of all sizes, located nationwide. With more than 150 employees, MRG is dedicated to bringing more than 3,000 lender-specific forms and documents, guaranteed to comply with the most recent legislative and regulatory changes. For more information about MRG, visit www.mrgdocs.com.
Thursday, April 13, 2006
Media Coverage: Interview in Mortgage Technology
Companies Create E-Mortgage Chain
By James Comtois
As part of mutual goals to make the mortgage lending industry a more paperless and electronic environment, as well as to prepare lenders for such an environment, three companies -- an Irving, Texas-based document systems and services provider, a Dallas-based designer of specialized documentation systems for mortgage lenders and a Vernon, Texas-based provider of electronic notarization, signing and closing -- have teamed up to offer mortgage lenders their combined services in one comprehensive package.
To read the entire article, visit Mortgage Technology's Web site.
By James Comtois
As part of mutual goals to make the mortgage lending industry a more paperless and electronic environment, as well as to prepare lenders for such an environment, three companies -- an Irving, Texas-based document systems and services provider, a Dallas-based designer of specialized documentation systems for mortgage lenders and a Vernon, Texas-based provider of electronic notarization, signing and closing -- have teamed up to offer mortgage lenders their combined services in one comprehensive package.
To read the entire article, visit Mortgage Technology's Web site.
Wednesday, March 29, 2006
MRG Introduces Browser-Based Version of Miracle DocPrep©
SAN DIEGO, March 29, 2006 – MRG Document Technologies (MRG), a provider of document preparation services for the financial industry, announced today at the MBA National Technology Annual Conference and Expo the unveiling of a new browser-based version of its Miracle DocPrep© software, which provides automated data entry, document selection, and electronic delivery of loan documents for mortgage brokers and lenders.
The browser-based Miracle DocPrep speeds up the delivery and simplifies the document-ordering process by providing automated data entry, document selection and electronic delivery nationwide. Browser-based Miracle DocPrep works seamlessly in small to mid-sized lending environments, especially those supporting out-of-the-office associates, since it allows access to the loan platform and documents from any location. Some of the most advanced features include multiple user-friendly fields on the fee and FACT Act disclosure screens, the ability to modify sections of the closing instructions, and the capability for new customers to immediately begin drawing document packages.
“This browser-based version of our Miracle DocPrep makes it easy for correspondent lenders and brokers to secure lender-specific programs and packages through our point-and-click program tables. There is no more maintenance of investor forms, products, and programs. We maintain all of this, allowing the originator to concentrate on originating the loan,” said Terry King, group chairman of MRG. “Consequently, this product truly makes a user’s business procedures easier, quicker and more profitable.”
Miracle DocPrep interfaces with all major front-end systems, providing LOS export and import connectivity, and can be accessed 24/7. A variety of optional document delivery methods are supported including e-mail, Internet, Web site download, as well as custom point-to-point connectivity.
MRG’s customizable document packages fit the needs of each individual lender, support all products including A-paper, sub-prime, option ARM lending programs and HELOCs. Custom correspondent lender programs are also supported throughout the country.
About MRG Document Technologies
Dallas-based MRG Document Technologies designs, maintains and warrants as compliant, electronic documents for the mortgage industry. Founded in 1980, the company has more than 400 customers including lenders of all sizes, located nationwide. With more than 135 employees, MRG is dedicated to bringing more than 3,000 lender-specific forms and documents, guaranteed to comply with the most recent legislative and regulatory changes. For more information about MRG, visit www.mrgdocs.com.
The browser-based Miracle DocPrep speeds up the delivery and simplifies the document-ordering process by providing automated data entry, document selection and electronic delivery nationwide. Browser-based Miracle DocPrep works seamlessly in small to mid-sized lending environments, especially those supporting out-of-the-office associates, since it allows access to the loan platform and documents from any location. Some of the most advanced features include multiple user-friendly fields on the fee and FACT Act disclosure screens, the ability to modify sections of the closing instructions, and the capability for new customers to immediately begin drawing document packages.
“This browser-based version of our Miracle DocPrep makes it easy for correspondent lenders and brokers to secure lender-specific programs and packages through our point-and-click program tables. There is no more maintenance of investor forms, products, and programs. We maintain all of this, allowing the originator to concentrate on originating the loan,” said Terry King, group chairman of MRG. “Consequently, this product truly makes a user’s business procedures easier, quicker and more profitable.”
Miracle DocPrep interfaces with all major front-end systems, providing LOS export and import connectivity, and can be accessed 24/7. A variety of optional document delivery methods are supported including e-mail, Internet, Web site download, as well as custom point-to-point connectivity.
MRG’s customizable document packages fit the needs of each individual lender, support all products including A-paper, sub-prime, option ARM lending programs and HELOCs. Custom correspondent lender programs are also supported throughout the country.
About MRG Document Technologies
Dallas-based MRG Document Technologies designs, maintains and warrants as compliant, electronic documents for the mortgage industry. Founded in 1980, the company has more than 400 customers including lenders of all sizes, located nationwide. With more than 135 employees, MRG is dedicated to bringing more than 3,000 lender-specific forms and documents, guaranteed to comply with the most recent legislative and regulatory changes. For more information about MRG, visit www.mrgdocs.com.
Wednesday, February 1, 2006
Media Coverage: Interview with Origination News
MRG Finds Document Services Becoming Popular
By Amilda Dymi
DALLAS -- As mortgage volumes continue to dwindle down, MRG Document Technologies here is focusing on how to best respond to what is renewed demand for document outsourcing options to help lower operation costs.
"Document services are becoming more in demand right now mainly as a result of the downturn in production of the refinance boom that we saw two to three years ago. So outsourcing is becoming more and more popular during this slowdown market," said Terry King, MRG group chairman.
To read the entire article, visit Origination News' Web site.
By Amilda Dymi
DALLAS -- As mortgage volumes continue to dwindle down, MRG Document Technologies here is focusing on how to best respond to what is renewed demand for document outsourcing options to help lower operation costs.
"Document services are becoming more in demand right now mainly as a result of the downturn in production of the refinance boom that we saw two to three years ago. So outsourcing is becoming more and more popular during this slowdown market," said Terry King, MRG group chairman.
To read the entire article, visit Origination News' Web site.
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