MRG Document Technologies (MRG), a provider of mortgage document technologies to banks, credit unions and other lenders, announced it has entered a partnership with RTE Financial Services (RTEfs), a reseller of Web-based software to the financial industry, that enables MRG’s MIRACLE electronic document preparation and compliance system to be marketed and promoted to RTEfs credit union clients. RTEfs’ knowledge of the credit union industry, coupled with MRG’s MIRACLE mortgage loan products ensures that credit unions are provided with the most up-to-date document compliance measures for their needs, including access to document design, preparation, real-time compliance and electronic delivery, as well as legal expertise regarding federal and state regulations such as RESPA, TILA, HAMP and HVCC from MRG’s team of mortgage banking attorneys. This is especially important to credit unions and other lenders, which face a changing regulatory landscape.
“RTE Financial Services understands the complexity of mortgage transactions for financial institutions, including continuous compliance, document selection and integration demands,” said Gary Hess, president of RTE Financial Services. “MRG’s MIRACLE online products provide our clients with secure and efficient ways to navigate these significant issues, keeping them ahead of the curve in the changing financial industry.”
“Credit unions have unique mortgage document needs and remaining current on regulations demands constant research and monitoring,” said Mike O’Leary, senior mortgage consultant at MRG. “We look forward to working with RTEfs to ensure that its credit union clients are able to put mortgage document preparation in the control of an experienced team of mortgage experts and attorneys, focusing more time on member service and training staff.”
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.rtefs.com or www.mrgdocs.com.