mortgage lending automation News


News items related to mortgage lending automation as issued by the Send2Press Newswire service on behalf of the noted news source.


Del Mar DataTrac ExTrac Additions Support Seamless Data Extraction for Mortgage Bankers to Request Closing Funds and Pass Servicing Data

SAN DIEGO, Calif. (SEND2PRESS NEWSWIRE) — Del Mar DataTrac(R), Inc. (DMD), the leading provider of affordable end-to-end mortgage lending automation solutions, and an industry pioneer in business intelligence, document imaging and management, and loan process workflow tools, has added four new DataTrac ExTrac options. These ExTracs facilitate the extraction, quality control and exchange of mortgage loan data between mortgage bankers and warehouse lenders or servicing vendors.

Del Mar DataTrac Signs Three Lenders for Commission Management Tool

SAN DIEGO, Calif. (SEND2PRESS NEWSWIRE) — 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, has added three lenders for DataTrac Commission. Formerly referred to as CommissionTrac, DMD’s commission management tool helps lenders maintain commission accuracy, and accountability for RESPA-related fee compliance.

Del Mar DataTrac President Rob Katz Foresees Fewer Independent Mortgage Lenders, More Community Bank ‘Skin in the Game’

SAN DIEGO, Calif. (SEND2PRESS NEWSWIRE) — 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.