Del Mar Database Offers Transaction-based Pricing to Allow Small Lenders Access to DataTrac; Transaction-based Financing Option Gives Lenders the Ability to Leverage Mortgage Technology Solutions While Limiting Their Initial Investment.

MINNEAPOLIS -- Del Mar Database is providing a transaction-based pricing option for its entire product line of mortgage lending software. The transaction-based financing option offers small lenders the ability to start using DataTrac(R) at a nominal cost that is tied to their actual business volume. The formal announcement was made at the 2005 National Association of Mortgage Brokers Annual Convention in Minneapolis, Minn.

By tying overall expense directly to loan volume, the transaction plan offers a low-cost alternative for lenders wanting to take advantage of the DataTrac Suite's productivity and efficiency benefits while eliminating investment risk. Although available to lenders of any size, Del Mar Database's transaction pricing plan is designed for the small lender that plans on growing its mortgage banking business, but needs to leverage its cash for warehouse lines and other operational needs.

"Del Mar Database is focused on meeting the needs of small and medium-size mortgage lenders, and on providing technology solutions that help them increase their production, profitability and efficiency," said John Walsh, president of Del Mar Database. "Though most lenders see the value in our software and many already have employees who have directly benefited from our solutions at other shops, we occasionally run into lenders who are not currently in a financial position to license our solutions."

Walsh continued, "Small lenders recognize that a solution like the DataTrac suite can be critical to growing their businesses, but they need to grow their businesses to be able to afford the technology investment. Because of this, we often see small lenders making decisions that ultimately cost them a lot of money. Some postpone a technology investment and limit their ability to grow. Others purchase a low-end solution and end up coming back to us the following year looking to replace their initial purchase. Our new transaction pricing option gives those lenders the ability to get the solution they need today without impacting their precious operating capital. With three different payment options - licensed, subscription and now transaction-based - Del Mar Database ensures that every lender can get the technology they need at a price that meets their financial requirements."

With the transaction-based option, each product will have a one-time set-up fee and a monthly fee based on the number of loans added to DataTrac. Along with the Hosted Solution Suite introduced last month, Del Mar Database continues to offer flexible solutions and creative pricing options for small to medium-size lenders.

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.