Del Mar Database's Customers Increase Production, Save Time, Expand Offerings and Boost Profits According to Independent Research from MORTECH, LLC.Business Editors MBA MBA abbr. Master of Business Administration Noun 1. MBA - a master's degree in business Master in Business, Master in Business Administration Annual Convention & Expo Booth #436 SAN DIEGO--(BUSINESS WIRE)--Oct. 20, 2003 Results from third-party survey of DataTrac(R) users reveals consistent and exceptional benefits from back-office automation solution for the mortgage industry Del Mar Del Mar is the name of several places in the United States of America:
LLC - Logical Link Control . The results include customer perceptions of the firm and its flagship software, DataTrac(R), and quantified, objective benefits from implementing the solution. DataTrac connects the mortgage applications that a lender LENDER, contracts. He from whom a thing is borrowed. 2. The contract of loan confers rights, and imposes duties on the lender. 1. The lender has the right to revoke the loan at his mere pleasure; 9 Cowen, R. 687; 8 Johns. Rep. 432; 1 T. R. 480; 2 Campb. Rep. chooses to use to a single point of data input and management. The software reduces duplicate DUPLICATE. The double of anything. 2. It is usually applied to agreements, letters, receipts, and the like, when two originals are made of either of them. Each copy has the same effect. data entry and adds several layers of security that protect the integrity of loan information throughout the entire process. In general, customers experienced increased loan volume capacity, greater profits per employee, increased efficiencies and better management of loan products. Other key findings include: -- Del Mar Database customers are "satisfied or extremely satisfied" with DataTrac overall, with 100 percent of customers interviewed rating the product as either a 4 or 5 on a scale of 1 to 5. -- Virtually all customers interviewed reported that DataTrac enabled them to increase loan production while adding minimal staff. -- Greater than 85 percent of customers interviewed reported that DataTrac has helped them reduce the average time to fund a loan. -- Greater than 60 percent of customers interviewed reported that DataTrac has allowed them to offer borrowers a greater variety of loan programs through better management of loan products. -- On average, DataTrac customers reported a 63 percent increase in overall productivity per full time employee. -- On average, customers increased dollar volume of originations by 280 percent after implementation of DataTrac. -- It was reported that DataTrac can improve pretax pre·tax adj. Existing before tax deductions: pretax income. pretax adj [profit] → vor (Abzug der) Steuern profits by $30,000 per employee. "Studies have shown that the increase in output associated with each dollar of input is substantially higher for investment in operational automation than in other forms of investment such as production capacity," said Jeff Lebowitz Lebowitz is a surname, and may refer to:
"We are proud of MORTECH's findings from the survey, but not surprised," said Jeb Spencer Spencer, city (1990 pop. 11,066), seat of Clay co., NW Iowa, on the Little Sioux River; inc. 1880. The city lies in a fertile farm area. Beef is processed, and Spencer's manufactures include work clothes, machinery, prefabricated buildings, and metal products. , CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Del Mar Database. "Because our technology was built by experienced mortgage lenders to solve a challenge that is common throughout the profession, we know the benefits lenders can gain by implementing DataTrac. Now, these quantified, objective results from this survey verify (1) To prove the correctness of data. (2) In data entry operations, to compare the keystrokes of a second operator with the data entered by the first operator to ensure that the data were typed in accurately. See validate. what we and our customers have known all along. Our software empowers lenders to leverage their existing technology infrastructure to improve efficiencies, increase profitability and increase pipeline capacity - without requiring additional people." The full results of the survey are available by contacting Del Mar Database's media relations or sales contacts. About Del Mar Database San Diego-based Del Mar Database introduces new technologies to lenders of all sizes that leverage their existing tools to improve efficiencies, increase profitability and increase pipeline capacity. The firm's proprietary software solution, DataTrac(R), enables lenders to reduce costs, generate greater profits per loan, minimize In a graphical environment, to hide an application that is currently displayed on screen. For example, in Windows and Mac, the application's window is removed from the screen and represented by an icon on the Windows Taskbar. In the Mac, the icon is placed in the Dock. See Win Minimize windows. errors using business intelligence and fund more loans with fewer people. Founded in 1991, the firm's clients include mortgage lenders, brokers becoming lenders, credit unions and community banks. For more information, visit www.delmardb.com. |
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