DALLAS--(BUSINESS WIRE)--MRG Document Technologies (MRG), a provider of compliance and documentation services for the financial industry, announced the development of one-time close construction/permanent closing documentation for both conventional and FHA residential loans.
This one-time close documentation is available for both traditional construction as well as manufactured housing construction for all 50 states. MRG's in-house compliance attorneys developed the document packages with the consultation of local attorneys for each specific state jurisdiction. As a result, each one-time close document set is in full compliance with all federal and state lending requirements.
“MRG is committed to providing the most profitable tools for lenders during the current market conditions,” said Terry King, group Chairman of MRG. “One time close construction/permanent products represent a very profitable segment of the market within the mortgage industry. We are pleased to offer these products to our customers.”
MRG offers a system for the preparation and delivery of compliant document packages for mortgage lenders nationwide. The specific needs of the 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 the document packages using e-mail and Web site delivery.
About MRG Document Technologies
Founded in 1980, Dallas-based MRG Document Technologies (MRG) is the mortgage document practice group within Middleberg Riddle & Gianna, a mortgage regulatory law firm. MRG designs, maintains and warrants as compliant more than 3,000 lender-specific electronic disclosure and closing documents for approximately 350 mortgage lenders, banks and other financial institutions throughout the United States. The company’s loan documents are guaranteed to be in compliance with the most recent legislative and regulatory changes. For more information about MRG, visit www.mrgdocs.com.