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Del Mar Database Named a `Top 100 Mortgage Technology Vendor' For Second Straight Year.


Business Editors

SAN DIEGO--(BUSINESS WIRE)--July 28, 2003

Firm and Its Proprietary Mortgage Software Solution, DataTrac(R),

Again Meet Mortgage Technology Magazine's Strict Requirements

Thomson Media's Mortgage Technology has named 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
 Database to its list of "Top 100 Mortgage Technology Vendors" for the second year in a row. This year's list marks only the second annual such list by the publication.

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 100 firms "have demonstrable de·mon·stra·ble  
adj.
1. Capable of being demonstrated or proved: demonstrable truths.

2. Obvious or apparent: demonstrable lies.
 market share, proven business benefits and excellent technology." The editors specifically cite Del Mar Database's DataTrac(R) solution for its ability "to handle information affecting the loan process from underwriting Underwriting

1. The process by which investment bankers raise investment capital from investors on behalf of corporations and governments that are issuing securities (both equity and debt).

2. The process of issuing insurance policies.
 through funding to subservicing." The editors highlight that DataTrac(R)'s "information-management engine facilitates handling of files associated with every part of the transaction, and acts as a hub that enforces accurate data entry."

Del Mar Database technology enables lenders of all sizes to fund more loans with fewer people, 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 generate greater profits per loan. DataTrac(R) connects a lender's mortgage applications to a single point of data input and management, reducing 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 adding several layers of security that protect data integrity throughout the process.

"The editors of Mortgage Technology stated that the three major criteria criteria (krītēr´ē),
n.
 for inclusion on the list of Top 100 Mortgage Technology Vendors were customer satisfaction, functionality and market share," said Del Mar Database 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.  Jeb Spencer. "DataTrac(R) is a time-tested, proven solution for mortgage lenders who want to increase efficiency and funding capacity and reduce errors without adding staff or expense. By remaining at the forefront of technology and continuing to meet the needs of our lender clients, we expect to remain on this distinguished list for years to come."

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 and increase pipeline capacity. The firm's proprietary software solution, DataTrac(R), enables lenders to fund more loans with fewer people, minimize errors using business intelligence, and generate greater profits per loan. Founded in 1991, the firm's clients include mortgage lenders, brokers, credit unions and community banks.

For more information, visit www.delmardb.com.
COPYRIGHT 2003 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2003, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jul 28, 2003
Words:366
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