DALLAS, MARCH 26, 2007 – MRG Document Technologies (MRG), a provider of document preparation services for the financial industry, announced at the MBA’s National Technology in Mortgage Banking Conference and Expo, that Greenlight Financial, an Irvine, Calif. mortgage lender, has selected MRG to provide compliance documents, disclosures and closing document packages for its lending products.
Greenlight Financial selected MRG based on its needs for a loan document provider that could provide advanced customization capabilities, direct system interfaces with custom edits and granular level imaging support.
“As our company continues to grow, we have a need for a great deal of flexibility on the part of MRG in terms of customizations,” said Joann Pham, C.E.O., of Greenlight Financial. “We also value the fact that MRG’s in-house legal team acts as a partner that enables us to avoid becoming entangled in complicated compliance issues.”
“MRG helps shoulder some of the compliance burden that slows down lenders like Greenlight Financial,” said Terry King, group chairman of MRG. “We also merge our loan document customization capabilities with the legal expertise of our staff to offer a practical, competitive solution that helps control costs and improve and expedite the document ordering and delivery process.”
MRG’s technology solutions offer a system for the preparation and delivery of document packages nationwide. The specific needs of the individual lenders are met through customized document packages, designed by in-house legal professionals and IT specialists. MRG also offers a variety of delivery options for the document packages using e-mail and Web site delivery.
About Greenlight Financial
Greenlight Financial Services (www.greenlightloans.com) is a direct-to-consumer mortgage lender originating first and second mortgages and home equity lines of credit. Founded in 2001, Greenlight Financial Services is headquartered in Irvine, California.
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.