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Banking and Finance News
P R E S S R E L E A S E :
100 Mortgage Bankers View DataTrac 9.3 Product Suite and
Loan Process Automation Development at DMD Client
Wed, 23 Jun 2010, 17:40:27 EDT
SAN DIEGO, Calif., June 23 (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 unveiled its DataTrac 9.3 Product Suite
to more than 100 mortgage bankers and vendor partners at its annual client conference
in Las Vegas. The new release became officially available on June 21, 2010.
Highlights of the DataTrac 9.3 Product Suite improvements include additional
underwriting capabilities for FHA and VA loans, enhancing DataTrac's closing functions
with extended data sets for doc prep vendors, adding investor electronic loan delivery
interfaces from DataTrac Electronic Document Management (EDM) to CitiMortgage,
Chase, GMAC, Wells Fargo, and FHA, and streamlines the administration for the
DataTrac Originator point-of-sale (POS) client. DataTrac 9.3 resolves over 140 client requests.
"When a mortgage banker takes two days to attend a vendor's offsite meeting, they expect to receive value, and we do
everything possible to exceed their expectations," said DMD president Rob Katz. "This year's DMD client conference was not
only a chance to show off the new DataTrac 9.3, but also a forum for sharing mortgage banking best practices that will shape
our future product enhancements."
In addition to taking an early look at the new release, DMD mortgage banker clients contributed to a product development
roadmap that highlighted a new DataTrac Web solution set for release later this year.
"Get a roomful of DataTrac mortgage bankers together with a roomful of DataTrac client service and product development
experts and the takeaways are