Skip to main content

MRG to Provide Compliant Mortgage Docs to MDI Mortgage Bankers

NationalMortgageProfessional.com
Jun 15, 2011

MRG Document Technologies (MRG), a provider of mortgage document preparation software and compliance technology to banks, credit unions and other lenders nationwide, has been selected by Houston, Texas-based MDI Mortgage Bankers for the creation of loan disclosures and closing packages through its Miracle Online web-based technology. MDI Mortgage Bankers now utilizes MRG for all of its Texas draws. The lender was seeking a document preparation provider that could decrease turnaround times from the six to eight hours it experienced with its previous provider. The automated transfer of data between the LOS and MRG guarantees MDI Texas document packages within two hours. “It was unacceptable for us to have to wait a full business day for closing packages,” said Russell Lewandowski, closing manager for MDI Mortgage Bankers. “Through MRG’s guaranteed compliance and seamless integration with our LOS, we quickly have document packages back to our borrowers. We can easily reach MRG for not only technical support, but guidance on compliance issues and with an intuitive, easy-to-use platform, document compliance is automated and no longer a burden.” “Lenders such as MDI Mortgage Bankers have to keep up with the ever-changing regulations at both federal and state levels,” said Kathleen Mantych, senior marketing director with MRG Document Technologies . “With MRG, loan documents reflect regulatory changes in real time and are delivered quickly, allowing the lender to focus its efforts on providing borrowers with exceptional service.”
Published
Jun 15, 2011
'A Long Road To Normal'

Nominated again to lead The Fed, Powell tells Senate committee to expect three rate hikes, but 'if we have to raise interest rates more over time, we will.'

Regulation and Compliance
Jan 11, 2022
CFPB: Complaint Response Worsens At Big 3 Credit Bureaus

Report claims Equifax, Experian, and TransUnion routinely failed to fully respond to consumers with errors.

Regulation and Compliance
Jan 10, 2022
The Fed Names Chairs, Deputy Chairs For 12 Reserve Banks

In recent years, the Federal Reserve System has worked to increase the overall diversity of the Reserve Bank and branch boards of directors and continues to build on those efforts.

Regulation and Compliance
Jan 06, 2022
The Fed: Rate Hike Likely Coming in June

Federal Open Market Committee's December minutes reveal discussion of first hike in federal funds rate in 2Q of 2022, as well as of ending asset purchases by March.

Regulation and Compliance
Jan 05, 2022
AARMR No Protection For Savanah Scares

Conference provides opportunity for regulators to interact, discuss common topics

Regulation and Compliance
Jan 04, 2022
McCargo Sworn In As Ginnie Mae President

Former HUD official becomes the first female to lead the Government National Mortgage Association.

Regulation and Compliance
Jan 04, 2022