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David Stevens nominated for housing assistant and FHA commissioner

National Mortgage Professional
Mar 23, 2009

MRG Document Technologies forms alliance with Kroll Factual DataMortgagePress.comMRG Document Technologies, Kroll Factual Data, fraud, risk assessment, FactualID, FullFacts, CollateralFacts MRG Document Technologies (MRG), a provider of mortgage technologies to banks, credit unions and other lenders, announced an alliance with Kroll Factual Data, a provider of business information solutions to financial organizations, to provide MRG clients access to three of Kroll Factual Data's risk assessment services, FactualID, FullFacts and CollateralFacts. These services assist MRG's lenders in not only identifying potential fraudulent activity, but also with implementing their "Red Flags Rule" plans, the federally mandated identity theft prevention programs that lenders must have in place by May 1. Kroll Factual Data's risk assessment services are available through MRG's electronic document preparation and compliance software, MIRACLE Online. Since they can be ordered from MIRACLE Online, no additional set-up is required. "Kroll Factual Data's risk assessment services comprehensively identify borrower, collateral, participant and transactional misrepresentation by combining advanced, knowledge-based analytics with industry leading flexibility," said Jeff Gentry, vice president of Kroll Factual Data. "Compliance with federal and state lending regulations is of utmost importance in today's mortgage industry, and lenders need technology partners who can help them meet the demands of the changing regulatory landscape," said Mike O'Leary, senior mortgage consultant with MRG. "Creating relationships such as this one with Kroll Factual Data provides our lenders with additional mortgage fraud protection without the need to manage additional vendor relationships." 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. For more information, visit www.krollfactualdata.com or www.mrgdocs.com.
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