MRG Document Technologies (MRG), a provider of mortgage document preparation software and compliance technology, and Capsilon, a San Francisco-based provider of cloud-based document and data management solutions, have integrated MRG Miracle Online document preparation and compliance software with the Capsilon DocVelocity document and data management platform.
Per the integration, disclosure packages from MRG can now be delivered directly into the appropriate electronic loan folder within Capsilon DocVelocity.
Capsilon DocVelocity automatically places electronic signature indicators on the documents so that lenders can easily create borrower disclosure packages and send them to borrowers for electronic signing using the new Capsilon DocVelocity e-signatures capabilities.
This integration allows Capsilon DocVelocity to automate key steps in the process to save time and eliminate errors associated with downloading disclosure packages, uploading them into the correct electronic loan folder in DocVelocity, and assembling the documents into packages to send to borrowers to sign electronically.
The companies also announced that MRG has joined the Capsilon Partner Network.