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Sydion Financial selects MRG for document management

30 July 2007  |  1556 views  |  0 Source: MRG Document Technologies

MRG Document Technologies (MRG), a provider of document preparation services for the financial industry, announced that Sydion Financial, a wholesale mortgage banker, has selected MRG for its efficient document preparation, management and delivery services associated with the closing process.

Seattle, Wash.-based Sydion Financial is utilizing MRG's disclosure documents and compliance packages through the company's Miracle Online browser-based system. The program provides automated data entry, document selection and electronic delivery for customers at any time from any location. Miracle Online documents are specifically formatted to each lender, maintaining full compliance with all federal and regional guidelines.

Sydion Financial is also implementing technology solutions from MRG strategic partner Portellus, Inc. for its loan origination, underwriting and secondary marketing efforts. Installed solutions include Portellus' LOS, Enterprise Rules Management (ERM) system, Integration Services Hub (PIXMO) and Broker Portal.

"We selected MRG for the company's ability to provide us quick and seamless data integration with our current LOS," said Spencer Richardson, CEO, of Sydion Financial. "MRG can help us reach our goal of straight through processing (STP), offering us an efficient document preparation and delivery method."

"Miracle Online is designed to provide fully compliant mortgage loan documents that can easily be used with prominent LOS systems," said Terry King, group chairman of MRG. "Our technology allows customers like Sydion to spend less time on integration to produce cost-effective, quality loans at a much faster rate."

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