MRG Document Technologies (MRG), a Dallas-based provider of mortgage document preparation and compliance technology to lenders across the nation, recently announced that it has been named a RegulatorConnect certified partner by ComplianceEase, a San Francisco-based provider of intelligent business solutions to the financial services industry.

As a RegulatorConnect certified partner, lenders can now use MRG’s solutions to prepare loan data for industry standard electronic submission to state regulators for examinations.

Miracle Online, MRG’s online technology-based service, was certified by ComplianceEase due to its examination

data export, as well as its integration with ComplianceEase’s ComplianceAnalyzer product, which additionally enables the electronic transfer of compliance audits to state regulators.

“MRG supports the move to a more automated, electronic data-based exam process for mortgage lenders because of the increased efficiency,” said Laura LaRaia, an attorney and director of customer service at MRG. “As the regulatory landscape continues to become more complex, it is vital for lenders to have automated processes in place in order to comply with state and federal regulations.”

The examination automation initiative was developed by the Conference of State Bank Supervisors (CSBS) and the American Association of Residential Mortgage Regulators (AARMR) in order to bring greater uniformity and modernization to the mortgage examination process.

To accomplish these goals, CSBS and AARMR established the Nationwide Cooperative Agreement for Mortgage Supervision, enabling states to share information and coordinate the supervision of lenders.

Under the guidelines, examiners are moving from sample-based audits to looking at 100 percent of an originator’s production. ComplianceEase was chosen as the technology provider for the project in part due to its ability to provide technology to automate the testing of loans for compliance.