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Banking and Finance News
Del Mar DataTrac Renames DataTrac Product Suite
Wed, 16 Dec 2009, 16:58:56 EST
SAN DIEGO, Calif., Dec. 16 (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, 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.
DocumentTrac, launched in 2004 to enable paperless lending through its seamless electronic imaging and management of all
loan documentation, will now be known as DataTrac Electronic Document Management or DataTrac EDM. BusinessTrac, a
mortgage lending pipeline metrics dashboard that in concert with DataTrac introduced small and medium-sized lenders to
Fortune 1000 grade business intelligence in 2005, has become DataTrac Dashboard. InTrac, an originator's point-of-sale
(POS) tool introduced in 2006 to provide loan officers and processors with an easy-to-use borrower-centric system, will be
known as DataTrac Originator. WebTrac, an originator portal introduced in 1996 to provide brokers and loan officers a 24x7
web presence from their lenders, will be known as DataTrac Web.
"Like many mortgage lending solution providers in the mid-2000s, Del Mar DataTrac was focused on helping lenders build and
manage their business during a time of historic volume and product proliferation," said Del Mar DataTrac p