The Miracle DocPrep platform of MRG Document Technologies, Dallas, is now available through a direct interface with BytePro, the latest version of Byte Software's loan origination system, according to MRG.The interface provides mortgage lenders and brokers with closing documents for prime and subprime loans, home equity lines of credit, option adjustable-rate mortgages, and other lending products, MRG said. When users request loan closing documents through the interface, the data are transferred to MRG and the document packages are prepared and sent back to the user, the company said. "This interface is a tool that enhances the lender's workflow process," said Terry King, group chairman of MRG. "Offering MRG's document preparation services through BytePro enables mortgage lenders to more efficiently request and deliver loan products to their customers." The interface was developed as part of a continuing alliance between MRG and Byte Software, based in Kirkland, Wash. The companies can be found online at http://www.mrgdocs.com and http://www.byte-cbc.com.
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The Housing for the 21st Century Act includes provisions covering policy, manufactured homes and rural infrastructure introduced in a prior Senate proposal.
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The secondary market regulator will formally publish its own rule on Feb. 6, after a comment period and without making changes to what it proposed in July.
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Bowing to industry pressure, the Consumer Financial Protection Bureau is warning consumers with notices on its complaint portal not to file disputes about inaccurate information on credit reports, among other changes.
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The mortgage technology unit at Intercontinental Exchange posted a profit for the third straight quarter, even as lower minimums among renewals capped growth.
February 5




