MRG Document Technologies (MRG), a provider of mortgage technologies to banks, credit unions and other lenders, announced that it has integrated its CompliancePlus data and document compliance process with ISGN’s Diamond enterprise-wide mortgage loan origination software (LOS). Mortgage lenders using Diamond now have enhanced access to compliant loan closing document packages and electronic delivery solutions developed by MRG’s team of lawyers and mortgage industry specialists. The partnership streamlines the lending process by automating each step and ensuring that every document is accurate and compliant using the most up-to-date standards.
“ISGN focuses on providing our customers with technology that will truly enhance their businesses processes and by integrating with MRG, those customers are guaranteed the most streamlined, automated approach to ordering and delivering fully compliant loan closing documents," said Niraj Patel, president of products and services at ISGN.
“As the regulatory environment continues to grow more complex, ISGN’s Diamond users now have real-time regulatory updates accessible through their LOS. With ‘Compliance Plus’ ISGN’s Diamond users have fully integrated data and document compliance from initial disclosures through closing documents,” said Mike O’Leary, senior mortgage consultant at MRG. “Initial disclosures and loan closing packages ordered through ISGN’s Diamond™ mortgage loan origination software do not require the ISGN user to make legal decisions about their content.”
ISGN’s Diamond enterprise-wide mortgage loan origination software manages all aspects of loan production and completes all necessary documentation for the processing of a loan. The system automates the loan process, including calculations and submissions, as well as pricing and decisioning, using a single, real-time database.
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.ISGN.com or www.mrgdocs.com.