Monday, March 16, 2009

MRG Experiences Growth in 2008

LAS VEGAS, March 16, 2009MRG Document Technologies (MRG), a provider of mortgage technologies to banks, credit unions and other lenders, announced that its client base increased by 30 new clients in 2008. In addition to growing its client base, MRG added the following enhancements to its services:
  • Enabled mortgage brokers and lending organizations to automatically upload documents to MRG for inclusion in document packages through the MIRACLE ONLINE document preparation system
  • Developed the one-time close construction/permanent closing documentation for both conventional and FHA residential loans
  • Launched eConsent for electronic initial disclosures
  • Offered initial disclosures to mortgage brokers in all 50 states
  • Enabled lenders to request modification agreements via the Internet through MIRACLE ONLINE

MRG also formed alliances with the following technology providers in 2008 to offer its clients additional benefits:

  • Integration with Lydian Data Services to extend MIRACLE ONLINE to Lydian Data Services’ origination fulfillment center customers
  • Integration with ComplianceEase to provide access to ComplianceEase’s automated compliance system, ComplianceAnalyzer®, through MIRACLE ONLINE

MRG offers a browser-based system for the preparation and delivery of compliant document packages, electronic disclosures, loan modifications and other services for mortgage lenders, banks and credit unions nationwide. MRG’s products are guaranteed to be in compliance with the most recent legislative and regulatory changes.

About MRG Document Technologies

Since 1980, Dallas-based MRG Document Technologies (MRG) has provided a variety of mortgage technology products including closing documents, loan modifications, electronic disclosures, fraud prevention and imaging integration to approximately 350 mortgage lenders, banks and credit unions throughout the United States. For more information about MRG, visit www.mrgdocs.com.