PROGRESS has learned that MRG Document Technologies, a provider of document preparation software and legal compliance has completed a streamlined integration with LendingQB’s Loan Origination System. Here’s the significance of this integration:
As the regulatory environment continues to be exceedingly complex, business as usual is no longer an option. Mortgage lenders should be focused on generating and maintaining a profitable business in a volatile market rather than worrying about whether they are in compliance and further, if their internal loan origination system is keeping up to date with all the sweeping and mandatory regulatory changes. This integration between MRG Document Technologies and LendingQB directly addresses the unique compliance challenges that lenders face today. Top tier technology and unsurpassed compliance create an enormous safety net for the lending community.
“With the regulatory changes that have taken place, LendingQB users have real-time regulatory updates and compliance tests that can be accessed through their LOS,” said Kathleen Mantych, senior marketing director, MRG Document Technologies. “This partnership with LendingQB’s LOS and the integrated legal and compliant disclosure and closing packages with compliance checks including calculations eliminates lender risk – we alleviate that burden.”
“LendingQB focuses on providing our customers with technology and partnerships that will truly enhance their business processes,” said Binh Dang, president, LendingQB. “By integrating with MRG, those customers are guaranteed to remain ahead of industry changes and can focus on their core competency with maximum efficiency and profitability.”
About The Author
Tony Garritano is chairman and founder at PROGRESS in Lending Association. As a speaker Tony has worked hard to inform executives about how technology should be a tool used to further business objectives. For over 10 years he has worked as a journalist, researcher and speaker in the mortgage technology space. Starting this association was the next step for someone like Tony, who has dedicated his career to providing mortgage executives with the information needed to make informed technology decisions. He can be reached via e-mail at firstname.lastname@example.org.