SAN DIEGO, Calif., March 9 (SEND2PRESS NEWSWIRE) — Del Mar DataTrac® (DMD), the leading provider of affordable mortgage lending automation solutions, and an industry pioneer in business intelligence, paperless lending, and loan process workflow tools, is observing its 20th anniversary in 2011. Founded in August 1991 as a technology services firm for mortgage lenders, DMD first offered its flagship loan origination platform DataTrac in 1996. Since its introduction, mortgage lenders have funded more than $2 trillion in residential home loans through DataTrac.
“DMD has passed several substantial milestones in the last 20 years but none of those illustrated its cumulative impact on the mortgage industry more clearly than $2 trillion in loans funded through its flagship LOS offering, DataTrac,” said Jeb Spencer, DMD chairman “Earning mortgage lenders’ confidence in DMD solutions has always been our primary mission, and this is proof of our success.”
“Over the last two decades the mortgage industry has been transformed and DMD is proud to have been part of it because we believe in the vision of our loyal clients,” said DMD president Rob Katz. “Lenders do not really take on true risk until their loans have funded, so the fact that hundreds of mortgage bankers have trusted DataTrac for so many funded loans for their customers is humbling.”
DMD plans to celebrate its two-decade milestone throughout the year, including holding its biggest client conference ever in June, and making major product announcements and upgrades.
About Del Mar DataTrac:
Marking its 20th business anniversary in 2011 and with more than $2 trillion in mortgage loans funded through DataTrac since its inception, Del Mar DataTrac (DMD) is the leading provider of affordable loan automation solutions for mortgage lenders, banks, and credit unions.
DMD offers a scalable workflow platform that enables lending best practices by leveraging DataTrac as the back-office hub along with a sophisticated point-of-sale system, a web-based originator portal and commission engine, and a management dashboard – all in a paperless environment.
The DataTrac Suite is designed by mortgage lenders for mortgage lenders who strive to deliver extraordinary customer service, increase production and profitability, reduce risk, and streamline overall efficiency. For more information, visit www.dmdinc.com .
News Source: Del Mar DataTrac :: This press release was issued on behalf of the news source by Send2Press® Newswire, a service of Neotrope®. View all current news at: http://Send2PressNewswire.com .
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Founded in 1991, Del Mar DataTrac is the leading provider of affordable end-to-end loan automation solutions for mortgage lenders, banks, and credit unions. DMD offers a scalable workflow platform that enables lending best practices by leveraging DataTrac as the back-office hub along with a sophisticated point-of-sale system, a web-based originator portal and commission engine, and a management dashboard – all in a paperless environment. DMD's suite of mortgage lending software solutions is designed for mortgage bankers, community banks and lenders. Its modules can be configured to support lenders’ unique processes, including third party vendor integrations to support their specific business preferences. We offer a vastly scalable workflow platform that enforces lending best practices by leveraging our flagship workflow and business intelligence solution DataTrac as the back-office hub along with our sophisticated point-of-sale system DataTrac Originator, web-based originator portal DataTrac Web and commission engine DataTrac Commissions – all in a paperless environment with DataTrac EDM (Electronic Document Management). The DataTrac Suite is designed by mortgage lenders for mortgage lenders that want exceptional customer service, increased productivity and profitability, reduced risk, and overall efficiency. MEDIA ONLY CONTACT: Kerri Milam DepthPR for Del Mar DataTrac +1.404.378.0850 Kerri @ DepthPR.com
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