Wednesday, November 14, 2007

MRG’s Miracle DocPrep Used by 1,250th Subscriber

DALLAS, Nov. 14, 2007 – MRG Document Technologies (MRG), a provider of document preparation services for the financial industry, announced that its Miracle DocPrep product has reached a milestone of 1,250 subscribers.

MRG’s Miracle DocPrep is a Web-based electronic system that provides users with automated data entry, document selection and electronic delivery of compliant mortgage loan documents. The technology offered by MRG provides a system for the preparation and delivery of document packages nationwide.

These packages are customized, designed by in-house legal professionals and IT specialists and meet the specific needs of individual lenders. Additionally, they can be delivered by a variety options including e-mail and Web site delivery.
There are currently four versions of Miracle offered by MRG. Miracle Online is a Web-based program that accelerates the user’s internal loan closing processes. Miracle Express provides a fully integrated and customized data exchange for documents to be completely automated and outsourced. Miracle Encounter provides non-automated user environments with sophisticated document solutions with advanced technological expertise. Miracle Custom Products allows users to adapt their products to different document types, printing requirements and viewing capabilities.

“Through the more than 25 years of service, Miracle DocPrep has consistently provided our customers with a cost-effective, time-efficient system to manage the production of mortgage closing documents,” said Terry King, group chairman of MRG. “MRG was able to reach this milestone by making sure our document production processes always mirrored the trends within the mortgage industry, such as HELOCs and the more recent eMortgage.”


About MRG Document Technologies

Dallas-based MRG Document Technologies is the mortgage document practice group within Middleberg Riddle & Gianna, among the most capable and experienced mortgage regulatory law firms in the U.S. The Document Technologies group designs, maintains, and warrants as compliant, electronic disclosure and closing documents for the mortgage industry. Founded in 1980, MRG has more than 350 customers including lenders of all sizes, located nationwide. With more than 150 employees, MRG is dedicated to the efficient delivery of 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.