Evaluating New Mortgage Regulation
Interview with Laura LaRaia, Attorney and Director of Customer Service, MRG
Is the new HVCC regulation working? What will RESPA Reform bring? Does the new White House really know what it’s doing in announcing its overhaul of regulating the financial sector? Laura LaRaia, an attorney for the legal team at Dallas-based MRG Document Technologies, talked to our editor Tony Garritano about these issues and others.
To read the entire article, visit Mortgage Technology's Web site.
Friday, June 19, 2009
Monday, June 15, 2009
Craig Kaley Joins MRG as Senior Technology Specialist
DALLAS, June 15, 2009 – MRG Document Technologies (MRG) (www.mrgdocs.com), a provider of mortgage technologies to banks, credit unions and other lenders, announced that Craig Kaley joins MRG as a senior technology specialist where he is responsible for both sales activities as well as developing and enhancing the architecture of MRG’s systems.
Kaley served as the vice president of development for an electronic document preparation services provider based in Colorado prior to joining MRG. He has also held solutions architect positions with communication and telecommunication companies and software engineer positions with a variety of business-to-business and consumer-facing organizations ranging from data back-up facilities to online gift registries.
“Craig brings a much appreciated technology perspective to our sales process,” said Michael Riddle, chairman of MRG. “His background in systems development enables him to thoroughly describe and answer lender questions about MRG’s document preparation systems. His experience on the customer side gives him insight into what features are most needed, useful and appealing to lenders that can be used on the product development side.”
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 guarantees that its products are 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 http://www.mrgdocs.com/.
Kaley served as the vice president of development for an electronic document preparation services provider based in Colorado prior to joining MRG. He has also held solutions architect positions with communication and telecommunication companies and software engineer positions with a variety of business-to-business and consumer-facing organizations ranging from data back-up facilities to online gift registries.
“Craig brings a much appreciated technology perspective to our sales process,” said Michael Riddle, chairman of MRG. “His background in systems development enables him to thoroughly describe and answer lender questions about MRG’s document preparation systems. His experience on the customer side gives him insight into what features are most needed, useful and appealing to lenders that can be used on the product development side.”
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 guarantees that its products are 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 http://www.mrgdocs.com/.
Monday, June 1, 2009
Media Coverage: Interview with Mike O'Leary in Mortgage Servicing News
Servicers to Get $15B for Loan Mods
By Brian Collins
Washington-The Obama administration is moving quickly to launch its $75 billion loan modification program, allotting nearly $15 billion to 14 mortgage firms to cover incentive payments for them, investors and homeowners.
However, one analyst pointed out that the funding is by no means pure profit. "They will incur a great deal of costs to do these loan mods," said the analyst, requesting anonymity.
To read the entire article, visit Mortgage Servicing News' Web site.
By Brian Collins
Washington-The Obama administration is moving quickly to launch its $75 billion loan modification program, allotting nearly $15 billion to 14 mortgage firms to cover incentive payments for them, investors and homeowners.
However, one analyst pointed out that the funding is by no means pure profit. "They will incur a great deal of costs to do these loan mods," said the analyst, requesting anonymity.
To read the entire article, visit Mortgage Servicing News' Web site.
Michael O’Leary Joins MRG as Senior Mortgage Consultant
DALLAS, June 1, 2009 – MRG Document Technologies (MRG) (www.mrgdocs.com), a provider of mortgage technologies to banks, credit unions and other lenders, announced that Michael O’Leary joins MRG as a senior mortgage consultant. In this position, O’Leary guides the sales and alliance efforts of MRG.
O’Leary has more than 30 years of leadership experience in the mortgage and real estate technology industry. Prior to joining MRG, O’Leary’s previous experience included serving as the president of a national document preparation technology provider. He is also the past president of a holding company and a title company, both in the Denver area.
“Mike’s wealth of knowledge of the mortgage industry is an invaluable asset to MRG,” said Michael Riddle, chairman of MRG. “He works with lenders ranging from small credit unions to large national lenders to make sure all of their needs for legally compliant documentation, loan modifications, additional mortgage fraud prevention and electronic disclosure delivery are being met.”
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 guarantees that its products are 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.
O’Leary has more than 30 years of leadership experience in the mortgage and real estate technology industry. Prior to joining MRG, O’Leary’s previous experience included serving as the president of a national document preparation technology provider. He is also the past president of a holding company and a title company, both in the Denver area.
“Mike’s wealth of knowledge of the mortgage industry is an invaluable asset to MRG,” said Michael Riddle, chairman of MRG. “He works with lenders ranging from small credit unions to large national lenders to make sure all of their needs for legally compliant documentation, loan modifications, additional mortgage fraud prevention and electronic disclosure delivery are being met.”
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 guarantees that its products are 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.
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