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Del Mar DataTrac Named Among Top Mortgage Industry Service Providers.


Company Returns to Annual List after Only Four Months under New Ownership

SAN DIEGO San Diego (săn dēā`gō), city (1990 pop. 1,110,549), seat of San Diego co., S Calif., on San Diego Bay; inc. 1850. San Diego includes the unincorporated communities of La Jolla and Spring Valley. Coronado is across the bay.  -- Del Mar Del Mar is the name of several places in the United States of America:
  • Del Mar, California
  • Del Mar, Texas
  • Del Mar High School, located in San Jose, California
  • Del Mar Racetrack, located in Del Mar, California
 DataTrac[R], Inc. has been named one of the mortgage industry's top 50 service providers of 2008 by Mortgage Technology magazine. Del Mar DataTrac provides solutions that empower small- and medium-sized mortgage bankers Mortgage Banker

A company, individual or institution that originates, sells and services mortgage loans.

Notes:
Don't confuse a mortgage banker with a mortgage broker.
 to deliver extraordinary customer service and drive up production while reducing risk, increasing productivity and streamlining their overall efficiency.

According to according to
prep.
1. As stated or indicated by; on the authority of: according to historians.

2. In keeping with: according to instructions.

3.
 Mortgage Technology, the "Top 50 Service Providers" were chosen based on four major criteria: "customer satisfaction, functionality, market share and viable revenue model." In choosing Del Mar DataTrac, the magazine cited the company's "substantial market share" along with its "financial backing, brand name and a veteran staff," as reasons why the company was selected. Further, Mortgage Technology also stated "The resurgence re·sur·gence  
n.
1. A continuing after interruption; a renewal.

2. A restoration to use, acceptance, activity, or vigor; a revival.
 of the small and mid-tier lender market creates a growing potential client base for [Del Mar DataTrac]."

"The DataTrac platform has been a staple among small- to mid-size mortgage bankers for the past 17 years," said Rob Katz, president of Del Mar DataTrac. "Our success is the result of providing outstanding customer service, understanding the needs of our customer base and providing well-developed technology. This is a task that not all organizations do well, as evidenced by the absence of other loan management system providers on this list."

Del Mar DataTrac's return to Mortgage Technology's annual listing occurred only four months after the company became a separate entity for the first time since 2005. San Diego-based TVC TVC Traditional Values Coalition
TVC Televisió de Catalunya (Catalan Public Broadcasting Company, Catalonia, Spain)
TVC Television Commercial
TVC Thrust Vector Control
TVC Texas Veterans Commission
TVC Total Variable Cost
 Capital, LLC (Logical Link Control) See "LANs" under data link protocol.

LLC - Logical Link Control
 purchased the company from its former parent on January 24, 2008.

About Del Mar DataTrac

San Diego-based Del Mar DataTrac provides mortgage bankers of all sizes with technologies that leverage existing tools to improve customer service and operational efficiencies, while increasing profitability. The company's proprietary flagship solution, DataTrac[R], empowers lenders to reduce costs, generate greater profits per loan, minimize errors using business intelligence and fund more loans with fewer people. Founded in 1991, the company's customers include mortgage lenders, credit unions, and community banks. For more information, visit www.delmardb.com.
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Copyright 2008 Gale, Cengage Learning. All rights reserved.

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Publication:Business Wire
Date:Jul 1, 2008
Words:342
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