This work presents the verification and validation of the freely available simulation tool MoodyMarine, developed to help meet some of the demands for early stage development of MRE devices. MoodyMarine extends the previously released mooring module MoodyCore (Discontinuous Galerkin Finite Elements) with linear radiation-diffraction bodies, integrated pre-processing workflows and a graphical user interface. It is a C++ implementation of finite element mooring dynamics and Cummins equations for floating bodies with weak nonlinear corrections. A newly developed nonlinear Froude-Krylov implementation is verified in the paper, and MoodyMarine is compared to CFD simulations for two complex structures: a slack-moored floating offshore wind turbine and a self-reacting point-absorber with hybrid mooring.