MRG Document Technologies

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MRG’s Electronic Disclosure Software Anticipates Truth-in-Lending Expansion

Jul 20, 2009By

Dallas-based software developer MRG Document Technologies announced it upgraded its Web-based eConsent electronic disclosure delivery system to comply with the upcoming expansion of the federally mandated truth-in-lending disclosures. The new regulations, which take effect July 30, require additional disclosures for refinanced mortgages and loans on dwellings other than a borrower’s primary residence. According to MRG, its upgraded eConsent system can speed the delivery of these mandatory disclosures to three days.

3d rendering of a row of luxury townhouses along a street

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