Skip to main content

MBA launches council on ensuring mortgage liquidity

National Mortgage Professional
Oct 16, 2008

MRG forms alliance with ComplianceEaseMortgagePress.comMRG Document Technologies, ComplianceEase, MIRACLE ONLINE MRG Document Technologies (MRG), a provider of compliance and documentation services for the financial industry, announced its integration with San Francisco-based ComplianceEase, a provider of risk management solutions for the residential mortgage industry, to provide automated compliance auditing for closing documents prepared by MRG. ComplianceEase's automated compliance system, ComplianceAnalyzer, is accessible through MRG's document preparation system, MIRACLE ONLINE. The integration enables lenders using MRG to immediately access all ComplianceEase tests and reports online. Audit results for possible compliance issues are available in both summary and detail formats. There is no additional charge for users to access ComplianceEase via MIRACLE ONLINE. Lenders simply sign up directly with ComplianceEase and the integration is handled by MRG. "Benefits of the integration to MRG users include reduced risk exposure, improved asset quality and profitability, proactive compliance enforcement and increased cost savings, efficiency and accuracy," said Michael Chan, vice president of ComplianceEase. "Our audits alert lenders to possible compliance issues with rapidly changing regulations related to anti-predatory/high cost lending and government agency lending, for example." "This alliance enables mortgage lenders to access an integrated portal with ComplianceEase without burdening them with additional technology systems to manage the connection," said Terry King, group chairman of MRG. "Combining MRG's customizable document preparation packages with ComplianceEase's comprehensive compliance checks gives lenders an additional incentive to use both companies to deliver a fully compliant loan to the market." MRG offers a browser-based system for the preparation and delivery of compliant document packages for mortgage lenders nationwide. The specific needs of 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. For more informaiton, visit www.ComplianceEase.com or www.mrgdocs.com.
Published
Oct 16, 2008
PenFed CU Sees Record Annual Mortgage Lending Volume

PenFed Credit Union announced it's financial highlights from 2021 which includes record annual mortgage lending volume.

Industry News
Jan 21, 2022
Angel Oak Lending Platform Reveals Record-Setting 2021

Last year was a record-setting year for many companies in the mortgage lending space, especially for the Angel Oak lending platform that consists of Angel Oak Mortgage Solutions and Angel Oak Home Loans.

Non-QM
Jan 21, 2022
What Are The Biggest Deal-Breakers For Homebuyers?

The housing market is holding strong but that doesn't mean homebuyers don't have their fair share of deal-breakers when it comes to purchasing a home.

Analysis and Data
Jan 20, 2022
Popular Bank Names National Director Of Residential Lending

Popular Bank named Adam Dejak as its national director of residential lending for Popular Mortgage.

Industry News
Jan 20, 2022
Sagent Appoints Thompson As Chief Product Officer

Founder of fintech managment consulting firm Consigliera will lead and expand product development.

Industry News
Jan 20, 2022
Total Expert Appoints Gaydos As President

Former Talkdesk and SAP senior executive brings extensive cloud, go-to-market, sales, and operations experience.

Industry News
Jan 20, 2022