MRG, Kroll Partner On Service Offerings

Posted by Orb Staff on March 23, 2009 No Comments
Categories : Residential Mortgage

MRG Document Technologies (MRG) and Kroll Factual Data have formed an alliance to provide MRG clients access to three of Kroll Factual Data's risk assessment services: FactualID, FullFacts and CollateralFacts.

The services will assist MRG's lenders in implementing their ‘Red Flags Rule’ plans, the federally mandated identity theft prevention programs that lenders must have in place by May 1. Kroll Factual Data's risk assessment services are available through MRG's electronic document preparation and compliance software, MIRACLE Online. Since they can be ordered from MIRACLE Online, no additional setup is required, MRG says.

"Compliance with federal and state lending regulations is of utmost importance in today's mortgage industry, and lenders need technology partners who can help them meet the demands of the changing regulatory landscape," says Mike O'Leary, senior mortgage consultant with MRG. "Creating relationships such as this one with Kroll Factual Data provides our lenders with additional mortgage fraud protection without the need to manage additional vendor relationships."

SOURCES: MRG Document Technologies, Kroll Factual Data

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