Mortgage vendor MRG Document Technologies, Dallas, is offering an REO document package creation capability within its Miracle Online mortgage system. Lenders will have access to regulatory compliant REO document packages in all 50 states, MRG said. The firm says the system gives lenders automated, real-time revisions to the documents when legal and regulatory changes occur. "With the variation between states in the regulations that guide REO transactions, MRG has developed one source for these closing packages, encompassing the laws and regulations for all 50 states," said Laura LaRaia, an attorney and director of customer service with MRG.
Processing Content
