Mortgage Loan / Lender Software for 2011 - Frank / Dodd Friendly tools that don't break the bank! - DMD Inc.

FOR IMMEDIATE RELEASE
San Diego, California, United States of America (Free-Press-Release.com) January 21, 2011 -- Del Mar DataTrac, Inc. (DMD), the leading provider of affordable end-to-end mortgage lending automation solutions will unveil and demonstrate its upgraded point of sale (POS) solution.

Formerly referred to as InTrac, DataTrac Originator is a SQL-based version of the popular loan originator POS solution, with all loan and configuration data stored in a SQL database rather than the flat file system used by most of the leading POS tools available. Targeted for first quarter 2011 availability, the new DataTrac Originator will be ready for hands-on demonstrations.

“More than ever, mortgage lenders need powerful point of sale capabilities such as those offered through the DataTrac Suite of products,” said DMD president Rob Katz. “Starting with the superior InTrac feature set, we’ve raised the bar to an even greater level of security and functionality by building the product upgrade on a SQL database.”

According to Katz, DMD’s DataTrac Originator includes field-level security and extensive business rule configurations that ensures a company’s policies are being adhered to from the onset at the point-of-sale.

“In light of new regulations and compliance nightmares, the point-of-sale has become a pain point for many mortgage lenders,” said DMD vice president for client services Sue Sroka. “Lenders are intensely focused on creating the perfect loan process; and that process can’t be perfect if it starts with application and disclosure errors. We solve this problem in an intuitive, user-friendly manner so originators can continue to focus on production.”

The DataTrac Originator client application does not require deployment through Citrix or Terminal Services for off-network users since it can be installed, run, and update itself over the internet. DataTrac Originator database server requirements include either Microsoft SQL Server(r) 2005 / 2008 or SQL Server Express 2005/2008. The upgrade will contain an Admin Utility that will seamlessly upgrade configuration settings, support table information, loan data, and any custom reports or documents which exist in current clients’ InTrac 9.3 environment.

About Del Mar DataTrac (DMD)
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.

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.

For more information or to schedule a demonstration contact David Fresquez at 858-526-7170 dfresquez@dmdinc.com or Bill Borner at 858-526-7155 bborner@dmdinc.com

Article Related Key Words:
Wholesale Mortgage Origination Software | Correspondent Mortgage Origination Software | Retail Mortgage Origination Software | Consumer Direct Mortgage Origination Software | Mortgage Product Eligibility, Pricing & Rate Lock Software | Document Imaging, Storage & Workflow

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