Del Mar Database and Ellie Mae, Inc. to Enhance Integration of DataTrac and Encompass.ORLANDO, Fla. -- Best-of-breed solutions offer small and medium-sized lenders a superior alternative to end-to-end solutions (jargon) end-to-end solution - (E2ES) A term that suggests that the supplier of an application program or system will provide all the hardware and/or software components and resouces to meet the customer's requirement and no other supplier need be involved. Compare: turn-key solution. Del Mar Del Mar is the name of several places in the United States of America:
Please [ improve this article] or discuss the issue on the talk page. and management technology. DataTrac enables lenders to leverage their existing technology investment to reduce costs, generate greater profits per loan, minimize errors using business intelligence and fund more loans with fewer people. DataTrac connects a lender's mortgage applications to a single point of data input and management, reducing duplicate data entry and adding several layers of security that protect data integrity throughout the process. Integrations with point-of-sale (POS (1) See point of sale and packet over SONET. (2) "Parent over shoulder." See digispeak. POS - point of sale ) solutions, such as Encompass, enable mortgage lenders to enhance existing technology investments in order to take advantage of efficiency and profitability gains without the time and cost associated with end-to-end solutions. "Our solutions are unique because they don't require a lender to replace their existing software solutions," 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. "Partnerships with best-of-breed technology providers enable our customers to take advantage of leading-edge solutions, increasing market penetration Noun 1. market penetration - the extent to which a product is recognized and bought by customers in a particular market penetration - the act of entering into or through something; "the penetration of upper management by women" and improving profitability. This partnership allows lenders who have already adopted Encompass, or who are considering adopting Encompass, to also quickly and easily automate the rest of their mortgage operations." The Encompass(R) Mortgage Management System is designed to serve the individual needs of loan officers, processors and brokers and combines all the critical elements of a mortgage origination business into one seamless, integrated application that dramatically improves the way brokers and retail lenders function. The solution offers an at-a-glance loan pipeline view, seamless collaboration tools A collaboration tool is something that helps people collaborate. The term is often used to mean collaborative software, but collaboration tools were being used before computers existed, a piece of paper can for example can be used as collaboration tool. , personal workflow management, integrated contact management, marketing, business-building tools and secure, seamless Internet connectivity with leading lenders and thousands of settlement service providers. "The demand for the Encompass Mortgage Management System has been overwhelming in the last 12 months," said Jonathan Corr, senior vice president of Products for Ellie Mae. "We have seen massive adoption by not only mortgage brokers, but by many 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. and retail lenders. Since bankers and lenders need additional capabilities to effectively manage their mortgage lending operations, this integration partnership with Del Mar Database provides these customers with a complete solution that will take their operations to the next level." This enhancement to the existing data exchange will make the transfer of information from Encompass to DataTrac seamless. About Ellie Mae Ellie Mae, Inc. is an award-winning provider of software and services for the mortgage industry, which has been recognized in each of the past three years as one of the fastest growing companies in the California Bay California bay n. See California laurel. Area, and recently was named to the Inc. 500 list of America's fastest growing private companies. Ellie Mae provides a comprehensive line of products and services including the company's flagship Encompass(R) mortgage management system, Contour(TM) and Genesis 2000(R) loan origination software, Encompass Websites for mortgage brokers, and Ellie Mae Docs(TM) services for document processing Processing text documents, which includes indexing methods for text retrieval based on content. See document imaging. . Ellie Mae's ePASS(R) Network is the mortgage industry's online transaction platform enabling 40,000+ mortgage companies in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. to easily do business online with hundreds of leading lenders and nearly 100,000 settlement service providers. Ellie Mae is based in Dublin, California Dublin is a city in Alameda County, California, United States. The population was 29,973 at the 2000 census. Dublin is home to the headquarters of Sybase, Inc. Government The city government is headed by a mayor. . To learn more about Ellie Mae, visit www.elliemae.com or call (888) 955-9100. 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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