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.
