Synergistic Technologies, MRG Document Technologies and World Wide Notary today announced an alliance by which the three companies will jointly offer mortgage lenders a comprehensive, end-to-end e-mortgage solution.
The three companies will combine their respective solutions and expertise in document preparation and delivery, document imaging and management and electronic signatures to streamline paper-based loan processes for mortgage lenders while providing them with a flexible, iterative e-mortgage migration strategy that includes automated loan processing workflow, online document sharing, secure, hosted document management, and electronic signing.
"The fast and efficient creation of customized electronic loan closing documents is vital to expediting loan flow and reducing costs," said Terry King, MRG's group chairman. "MRG is dedicated to helping mortgage lenders save time and money by providing high quality, dependable and timely document preparation and delivery services. We are proud to be a part of this alliance, which will enable lenders to enhance their existing paper-based processes while preparing for the arrival and use of e-mortgage."
"World Wide Notary provides a complete e-closing solution that enables closings to occur simultaneously from many different locations in a matter of minutes rather than days," said Bob Rice, CEO for World Wide Notary, LLC. "This alliance extends the market reach of WWN's proven DigaSign product suite and provides mortgage lenders with an unprecedented opportunity to eliminate errors and step up their document conversion and electronic processing initiatives."
"The ability to electronically capture, maintain and render documents in a secure, automated, collaborative system infuses lenders with the speed, agility, efficiency and cost savings they need to survive in today's increasingly competitive, highly regulated world," said Joe Gonzalez, president and CEO of Synergistic Technologies, Inc. "The service provided by this powerful alliance provides mortgage lenders with a much needed competitive edge by streamlining or eliminating manual, paper-based processes and facilitating seamless coordination between lenders, closing agents, borrowers, sellers, and signing agents. We're providing lenders with a flexible, scalable and affordable solution that addresses their immediate needs and paves the way for future growth."