Del Mar DataTrac® Renames DataTrac Product Suite, Emphasizes Business Intelligence, Zero Defect Workflow, Paperless Lending for 2010 Mortgage Bankers
December 14, 2009
SAN DIEGO, December 14, 2009 – Del Mar DataTrac®, Inc. (DMD), the leading provider of affordable mortgage lending automation solutions, and an industry pioneer in business intelligence, document imaging and management, and loan process workflow tools, is reintroducing its DataTrac product suite with new names. DMD’s flagship product, DataTrac, has been the mortgage lending workflow automation solution of choice for lenders since 1991, providing a platform that integrates with leading loan origination software (LOS), pricing and underwriting systems, and doc prep providers to support an end-to-end mortgage lending technology environment.
Del Mar DataTrac has developed and launched complementary DataTrac modules to support common compelling challenges faced by mortgage lending operations.
Read more....
Del Mar DataTrac® President Rob Katz Foresees Fewer Independent Mortgage Lenders, More Community Bank “Skin in the Game”
December 10, 2009
SAN DIEGO, December 10, 2009 – Rob Katz, president of Del Mar DataTrac®, Inc. (DMD), the leading provider of affordable mortgage lending automation solutions, and an industry pioneer in business intelligence, paperless lending, and loan process workflow tools, expects the number of independent mortgage bankers (IMBs) to continue to shrink in 2010 as credit line scarcity and risk aversion limit their liquidity. He also foresees a greater commitment by community banks to direct mortgage lending, with many transitioning from broker operations to bankers, and warehouse line lending to IMBs.
“Unfortunately, the typical independent mortgage banker is so dependent on their credit life lines that a disruption in their sources can be a business ending event,” said Katz. “Mortgage bankers can expect creditors to be hyper-focused on risk, requiring solid business plans and proven profitability, which can be made more manageable with lending automation tools that track and can report detailed operational information.”
Read more....
Del Mar DataTrac and Wolters Kluwer Financial Services Team to Help Mortgage Lenders Reduce Regulatory Compliance Burden
Pair Integrates Solutions to Offer DataTrac Users Access to Compliance Documents Relied Upon by Lenders for Nearly Four Decades
December 9, 2009
SAN DIEGO and Minneapolis, MN, December 9, 2009 – Del Mar DataTrac® (DMD), a leading provider of affordable mortgage lending automation solutions announced today that Wolters Kluwer Financial Services home loan application disclosures and closing documents are now available from within DMD’s DataTrac loan origination solution.
DMD’s DataTrac customers now have seamless, electronic access to Wolters Kluwer Financial Services’ VMP Mortgage Solutions compliance disclosures and closing document packages through the company’s Document Preparation Platform. Financial institutions have counted on the documents within the platform to help meet state and federal regulatory requirements for nearly four decades.
Read more....
New Systems-integration released by loan-score and del mar datatrac
Enhancements to existing POS and LOS integration offer lenders increased efficiencies
November 24, 2009
SAN DIEGO and Irvine, November 24, 2009 Del Mar DataTrac®, Inc. (DMD), the leading provider of affordable mortgage lending automation solutions, and Loan-Score Decisioning Systems, an enterprise-class pricing and automated underwriting provider, announce the release of an enhanced Loan-Score product integration with DataTrac version 9.1. This extended seamless integration improves operational efficiency, process transparency and communication for lenders, banks and credit unions.
Read more....
Brand mortgage implements del mar datatrac lending system
Georgiia-based community bank mortgage lending unit prepares for long-term growth
October 26, 2009
SAN DIEGO, October. 26, 2009 - Brand Mortgage, the residential lending unit of metro Atlanta, Georgia-based community bank Brand Bank, has implemented a mortgage lending platform by Del Mar DataTrac (DMD), the leading provider of affordable loan automation solutions for mortgage lenders, banks and credit unions. Founded in Gwinnett County in 1905, Brand Bank launched Brand Mortgage in 2006 to meet home financing demand in its growing region, and today is a licensed lender in 17 states.
Read more....
Del Mar DataTrac Adds Mortgage Lending Expert Mark Todd as DMD Product Line Manager
September 18, 2009
SAN DIEGO, Sept. 18 2009 - Del Mar DataTrac (DMD), the leading provider of affordable loan automation solutions for mortgage lenders, banks and credit unions, has tapped mortgage lending veteran Mark Todd as a DMD Product Line Manager. Todd has more than 18 years’ mortgage lending management experience, including nearly a decade at the C-level. For more than five years he was co-owner and COO of a mortgage lender producing in excess of $2 billion annually. Previously, Todd served as CIO of a mid-sized national lender and as a vice president managing production.
Read more....
Capital Markets Cooperative and Del Mar DataTrac Enhance Customer Value through Strategic Partnership
Similar strategic visions create unique opportunity to team up
August 13, 2009
Ponte Vedra Beach, FL and San Diego, CA, August 13, 2009- Capital Markets Cooperative (CMC), a firm that leverages its cooperative power and secondary marketing expertise to improve execution and increase individual member profitability, and Del Mar DataTrac (DMD), the leading provider of affordable loan automation solutions for mortgage lenders, banks, and credit unions, announced today that they have formed a strategic partnership to bring more value to their mutual customers. This partnership will bring members of the cooperative greater benefits when contracting with DMD for their best in breed products and services. Similarly, CMC will provide state-of-the-art secondary marketing solutions to those banks, credit unions and independent mortgage companies operating on the DMD technology platform.
Read more....
DMD Releases CommissionTrac 2.0
Customizable, commission engine enables accurate, real-time calculation of
originator commissions
August 10, 2009
SAN DIEGO, August 10, 2009 – Del Mar DataTrac (DMD), the leading provider of affordable loan automation solutions for mortgage lenders, banks, and credit unions, has released CommissionTrac 2.0, the company's next generation commission solution.
Read more....
DMD Named Among Top Mortgage Industry Service Providers
Company makes annual listing for the second consecutive year since acquisition
July 24, 2009
SAN DIEGO, July 24, 2009 – Del Mar DataTrac®, Inc. (DMD), the leading provider of affordable loan automation solutions for mortgage lenders, banks, and credit unions, has been named one of the mortgage industry’s top 50 service providers of 2009 by Mortgage Technology magazine. DMD provides solutions that empower mortgage lenders, banks and credit unions to make more money, save time, better control their business, and have peace of mind.
Read more....
DMD Releases DataTrac Version 9.0
Streamlined lending automation platform enables faster loan processing and underwriting,helps lenders prepare for upcoming regulatory changes
July 15, 2009
SAN DIEGO, July 15, 2009 – Del Mar DataTrac, Inc. (DMD), the leading provider of affordable loan automation solutions for mortgage lenders, banks, and credit unions, has released version 9.0 of its widely recognized workflow automation platform. The 9.0 release encompasses the core products within the suite, including new versions of DataTrac, WebTrac, DocumentTrac, InTrac, TracTools, AutoPrice and the Vendor Services Platform (VSP). This release addresses 246 product requests.
Read more....
Del Mar DataTrac Moves Into New Corporate Headquarters
New facility part of plan for enhancing employee satisfaction, productivity
April 15, 2009
SAN DIEGO, April 15, 2009 – Del Mar DataTrac®, Inc. has relocated its corporate headquarters to10509 Vista Sorrento Parkway, Suite 400, in San Diego. Del Mar DataTrac provides solutions that empower small- and medium-sized mortgage bankers to deliver extraordinary customer service and increase production while reducing risk and streamlining overall efficiency.
Read more....
Del Mar DataTrac Adds 19 New Customers in Four Months
Lenders recognize time, cost savings with DataTrac® product suite
March 15, 2009
LAS VEGAS, March 15, 2009 – Del Mar DataTrac®, Inc. announced today at the 2009 Mortgage Bankers Association (MBA) National Technology in Mortgage Banking Conference & Expo that the company has added 19 new customers during a four-month period spanning November 2008 to February 2009. Del Mar DataTrac provides solutions that empower small- and medium-sized mortgage bankers to deliver extraordinary customer service and drive up production while reducing risk, increasing productivity and streamlining their overall efficiency.
Read more....
Headstrong Announces Partnership with Del Mar DataTrac
Headstrong's Mortgage Connectivity Hub provides DMD clients with enhanced connectivity solutions
March 4, 2009
Fairfax, VA, March 04, 2009 – Headstrong Business Services and Del Mar DataTrac, two leaders in the mortgage technology industry, have announced a renewed partnership that extends the value of DataTrac, the premier workflow automation platform for mortgage bankers. Headstrong’s Mortgage Connectivity Hub serves as a data connection bridge between DataTrac and a wide variety of other vendors. By leveraging this solution, DataTrac customers can seamlessly integrate with virtually any POS, core banking systems, servicing systems, and secondary market investors.
Read more....
PriceMyLoan and Del Mar DataTrac Announce Integration
February 18, 2009
SAN DIEGO, Calif. and COSTA MESA, Calif. - February 18, 2009 - PriceMyLoan, a provider of automated underwriting and loan pricing technology, announced today a partnership with Del Mar DataTrac to deliver an integrated solution for mortgage bankers. The integration combines PriceMyLoan's advanced loan decisioning with DMD's comprehensive mortgage banking and secondary marketing functions to deliver a more powerful and efficient workflow.
Read more....
Del Mar DataTrac Adds Five Industry Veterans
Company reaches 365 years of mortgage banking experience, 106 years as DataTrac users, with newest staff additions
January 8, 2009
SAN DIEGO, Jan. 8, 2009 – Del Mar DataTrac, Inc. announced today that it has hired five veteran mortgage bankers in the past four months, including John Aslanian, Nancy Castillo, Kerriee Hall, Maureen Kabalin, and Mark Witte. Del Mar DataTrac provides solutions that empower small- and medium-sized mortgage bankers to deliver extraordinary customer service and increase production while reducing risk, increasing productivity and streamlining overall efficiency.
Read more....
|