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| Attn Mortgage Brokers - Good E news | | Print | |
| Apartments - NYC Real Estate News |
| Tuesday, 30 November 1999 00:00 |
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MRG and World Wide Notary Form Alliance to Provide e-Closing and e-Notarization Through DocPrep Platform Nov. 17, 2005--MRG Document Technologies (MRG), a provider of document preparation services for the financial industry, announced that it has formed an alliance with Vernon, Texas-based World Wide Notary (WWN) to develop an interface between MRG's Miracle DocPrep platform and WWN's DigaSign's e-closing and e-notarization applications. The agreement enables MRG to provide mortgage lenders with a seamless, end-to-end electronic solution for processing loans. The company's lending customers will now be able to electronically post, review, close, record and file completed electronic mortgage documents. "This partnership moves MRG's customers the next step closer to the realization of the e-mortgage," said Bob Rice, CEO of World Wide Notary. "When accessing MRG's Miracle DocPrep documents through WWN's DigaSign application, lenders can have error free document packages that are fully compliant and electronically delivered, fully notarized, within minutes of closing." "MRG's alliance with WWN is an expansion of the services we provide to our customers in order to give them technology solutions that simplify the way they do business," said Terry King, group chairman of MRG. "The new services available through Miracle DocPrep will enable our clients to provide better value and service to their own customers by reducing turn-around time and delivery costs of closing documents, and enhancing their levels of compliance." MRG provides document preparation services including fully customizable interfaced systems, Web and email delivery and real-time automated compliance testing. The company's forms and documents offer lenders increased flexibility because they are designed by MRG's staff of legal professionals and IT specialists and allow quick, cost-effective customization to meet each lender's specific mortgage documentation needs. MRG offers products such as A-paper, sub-prime, option ARM lending programs and HELOCs to correspondent lenders throughout the country with a variety of delivery options using email and Web site delivery. DigaSign is WWN's Internet based notarization service that enables multiple parties to sign documents from different locations during a real estate closing. Using a biometric signature pad, the buyer can review and sign once and have the appropriate signatures, initials and notarizations placed throughout the document. Within seconds, authorized parties can retrieve the electronic documents for review. About World Wide Notary Vernon,Texas-based WWNotary, L.L.C., the leading provider of electronic notary services, is a privately held corporation. Pioneering electronic signatures, as early as 1996, WWNotary's management team has years of experience in the Internet technology industry working with stringent Federal mandates, such as HIPAA, E-SIGN and UETA, regarding security and the use of electronic and digital signatures. For more information about World Wide Notary, visit www.wwnotary.com. About MRG Document Technologies Dallas-based MRG Document Technologies designs, maintains and warrants as compliant, electronic documents for the mortgage industry. Founded in 1980, the company has more than 400 customers including lenders of all sizes, located nationwide. With more than 150 employees, MRG is dedicated to bringing more than 3,000 lender-specific forms and documents, guaranteed to be in compliance with the most recent legislative and regulatory changes. For more information about MRG, visit www.mrgdocs.com. |
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