DALLAS, May 12, 2008 – MRG Document Technologies (MRG), a provider of compliance and documentation services for the financial industry, announced that First Houston Mortgage, a mortgage-banking firm licensed in 18 states that offers expertise in every aspect of the residential mortgage lending process, has selected MRG for its emphasis on compliance in the document preparation, management and closing processes.
“MRG’s ability to embed intelligent bar codes on individual pages of the loan documents ensures that closing packages are image-ready,” said David Zugheri, president of First Houston. “As First Houston begins offering eMortgages to consumers, MRG’s ability to support eMortgage originations is crucial to our future in the eLending space.”
“In addition to being a technically savvy lender, First Houston also focuses much of its attention on maintaining compliance with all lending regulations,” said Terry King, group chairman of MRG. “Our technology enables lenders like First Houston to produce cost-effective, fully compliant loans more efficiently.”
MRG offers a browser-based system for the preparation and delivery of compliant document packages for mortgage lenders 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 document packages using e-mail and Web site delivery.
About First Houston Mortgage, Ltd.
First Houston Mortgage (Houston) offers a wide variety of lending products and expertise for all areas of the residential mortgage lending industry. Innovative technologies enable the company to maintain a completely in-house origination process, thus reducing costs and improving efficiencies. For more information, visit www.firsthouston.com.
About MRG Document Technologies
Founded in 1980, Dallas-based MRG Document Technologies (MRG) is the mortgage document practice group within Middleberg Riddle & Gianna, a mortgage regulatory law firm. MRG designs, maintains and warrants as compliant more than 3,000 lender-specific electronic disclosure and closing documents for approximately 350 mortgage lenders, banks and other financial institutions throughout the United States. The company’s loan documents are guaranteed to be in compliance with the most recent legislative and regulatory changes. For more information about MRG, visit www.mrgdocs.com.
