MRG Selected to Support Correspondent Lending Programs for First Horizon Home Loan Corp

Business Wire, Sept 7, 2005

DALLAS -- MRG Document Technologies (MRG), a provider of document preparation services for the financial industry, announced that Irving, Texas-based First Horizon Home Loans Corp. has selected MRG to provide document packages to support its correspondent lending channels.

First Horizon Home Loan Corp. originates approximately 254,000 loans per year and began using MRG's loan products in July. These products include A-paper, sub-prime and option ARM lending programs as well as Home Equity Lines of Credit (HELOCs) for First Horizon Home Loan's parent company, First Tennessee Bank.

"We chose MRG because the company offers an enhanced level of customization to our loan closing documents and has the legal expertise to enable us to quickly make our loan products available to our correspondent customer base," said First Horizon Home Loans' senior vice president, Jim Lind. "MRG's support for our correspondent lending programs broadens our ability to offer a wide variety of lending products that meet the needs of increasingly sophisticated borrowers."

"As the financial needs of borrowers evolve, there is a great demand for flexible, customizable financial services and products," said Terry King, group chairman of MRG. "First Horizon Home Loans is able to fulfill this need by utilizing MRG's customization capabilities to expand the type of loan products it offers."

MRG provides document preparation services including fully customizable interfaced systems, Web and email delivery and real-time automated compliance testing. The company's document packages are customized to fit the needs of each individual lender. MRG now offers products such as A-paper, sub-prime, option ARM lending programs and HELOCs to correspondent lenders throughout the country.

About First Horizon Home Loans Corp.

Headquartered in Irving (Dallas), Texas, First Horizon Home Loans(R) offers an array of financial products and services including checking and savings accounts, home equity lines of credit and credit cards. The company is currently ranked 12th in servicing with $90.82 billion volume and 19th in originations with $20.66 billion volume as of June 30, 2005. For more information about First Horizon Home Loans, visit www.firsthorizon.com.

About MRG Document Technologies

Dallas-based MRG Document Technologies designs, maintains and warrants as compliant, electronic documents for the mortgage industry. Founded in 1980, the company has more than 350 customers including lenders of all sizes, located nationwide. With more than 150 employees, MRG is dedicated to bringing more than 3,000 lender-specific forms and documents, guaranteed to be in compliance with the most recent legislative and regulatory changes.

For more information about MRG, visit www.mrgdocs.com.