Meridian Bank has selected Miracle Online platform from MRG Document Technologies, a provider of mortgage technology products and compliance solutions, for its mortgage document preparation needs.
According to MRG, Meridian Bank chose Miracle Online platform to grow its loan volume without significantly increasing workload. After a referral from its loan origination software (LOS) provider, Meridian Bank selected MRG because it is integrated with the bank’s LOS and for automated document package creation.
MRG offers a browser-based system for the preparation and delivery of compliant document packages, electronic disclosures, loan modifications and other services for mortgage lenders, banks and credit unions nationwide.
Jill Hanawalt, operations manager of Meridian Bank, said: “As we work to grow our mortgage lending operation, we look for partners that help us provide personal, hands-on service, without increasing costs.
“With MRG’s Miracle Online, we enjoy the time-saving benefits of automation, coupled with proactive compliance monitoring from MRG’s team of attorneys. As a result, we know that document packages for each and every loan are correct thereby keeping our customers satisfied and Meridian Bank’s compliance risk low.”