SAN DIEGO, Calif. (SEND2PRESS NEWSWIRE) — 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.
The DMD solutions empower mortgage lending operations to improve profitability, save time, better control their business, and enjoy peace of mind. In this role, Todd will design new products and enhancements to existing software lines based on his industry expertise and ongoing analysis of market requirements. His goal is to ensure the DMD product suite provides the most viable solution set for the needs of today’s mortgage banker.
“DMD has made a commitment to creating and supporting solutions that improve all aspects of mortgage lending operations, and provides tools that empower our customers to serve their borrowers, investors, regulators and warehouse lenders,” said DMD president Rob Katz. “I’ve known Mark for nearly 10 years and his practical experience in high volume lending environments combined with a appreciation of how automation brings out the best in a mortgage lending operation makes him ideally suited to join our team.”
“The work I have enjoyed most in my career has typically involved creating strategic advantages through technology – and Del Mar DataTrac has often been part of the equation,” said Mark Todd. “Being part of the DMD team provides an opportunity to do exactly what I have enjoyed most in my career, and share the benefit of that work with a much broader audience. I am both excited and humbled by this responsibility.”
Noting that technology affords mortgage lenders an exceptional ability to foresee and resolve operational friction points, Todd will emphasize scalable processes that support growth and create competitive advantage.
Founded in 1991, Del Mar DataTrac (DMD) is the leading provider of affordable loan automation solutions for mortgage lenders, banks, and credit unions, and serves 16 percent of the Top 25 U.S. mortgage lenders. 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 .