Del Mar Database Offers Hosted Solution Suite to Reduce Upfront Costs and IT Demands.SAN FRANCISCO San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden -- Hosted Solution Suite Provides ASP asp, popular name for several species of viper, one of which, the European asp (Vipera aspis), is native to S Europe. It is also a name for the Egyptian cobra (Naja haja). Access to Mortgage Lending Technology for Small and Medium Size Lenders, Reducing Upfront Costs and IT Demands While Providing Complete Access to Remote Users Del Mar Del Mar is the name of several places in the United States of America:
v. cen·tral·ized, cen·tral·iz·ing, cen·tral·iz·es v.tr. 1. To draw into or toward a center; consolidate. 2. data access for remote users, having limited IT resources, preferring lower upfront costs and seeking extremely rapid implementation. Del Mar Database announced the new offering at MBA's National Secondary Marketing Conference. The Hosted Solutions provide clients the option to lower upfront costs by eliminating the initial license fee, requiring only implementation and training costs to start service. The solution reduces demand on in-house In-house In the context of general equities, keeping an activity within the firm. For example, rather than go to the marketplace and sell a security for a client to anyone, an attempt is made to find a buyer to complete the transaction with the firm. IT resources since Del Mar Database performs all product maintenance and upgrades. Using secure data transmission, the Hosted Solution works seamlessly in a remote environment, reducing IT support needed for remote offices. Other mortgage banking applications, such as point-of-sale point of sale n. pl. points of sale A business or place where a product or service can be purchased. Also called point of purchase. point and document preparation solutions, can also be hosted by Del Mar Database, eliminating an even larger portion of a lender's in-house IT needs. The ASP model allows lenders to concentrate on their core business of mortgage banking, rather than managing IT. "Del Mar Database is focused on meeting the needs of small and medium size mortgage lenders, and on providing technology solutions that help increase profitability and efficiency," said John Walsh
John E. Walsh (born December 26, 1945 in Auburn, New York) is the host of the TV show America's Most Wanted. , president of Del Mar Database. "Our Hosted Solution Suite succeeds in eliminating roadblocks that have held back certain lenders from taking the next step in mortgage banking, including upfront costs and in-house IT requirements. This solution enables many more lenders to take advantage of the profitability and efficiency benefits of the entire DataTrac suite of products." The Hosted Solution Suite offers flexible pricing and is available in two models. In the subscription model, lenders rent the software and hosting fees are bundled bun·dle n. 1. A group of objects held together, as by tying or wrapping. 2. Something wrapped or tied up for carrying; a package. 3. Biology A cluster or strand of closely bound muscle or nerve fibers. into the monthly rent. In the licensed model, lenders pay the upfront license fee and then pay monthly hosting charges. Both models utilize the exact same user interface and functionality as self-hosted products with no decrease in performance. All Del Mar Database products are available, including DataTrac(R), AutoPrice, DocumentTrac(TM), WebTrac(R) Pro and GuideTrac(TM). All applications are stored at a network operations center See NOC. Network Operations Center - (NOC) A location from which the operation of a network or internet is monitored. Additionally, this center usually serves as a clearinghouse for connectivity problems and efforts to resolve those problems. designed specifically for the mortgage industry, and data is protected with redundant access, uninterruptible power, and disaster recovery. 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 company's proprietary software solution, DataTrac(R), enables 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, brokers becoming lenders, credit unions and community banks. For more information, visit www.delmardb.com. |
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