Industry News

Del Mar Database launches InTrac

New real estate loan technology reduces operating expenses
Published on Dec 22, 2005

Del Mar Database on Wednesday released InTrac, technology that helps small and medium-sized mortgage lenders reduce operating costs by consolidating vendors and systems.   InTrac enables lenders to put a single provider lending system into the hands of more employees, reaching out to loan officers and processors, the company said.   "With InTrac, Del Mar Database is providing yet another best-of-breed option that enables us to improve efficiency and better compete with larger lenders," said Matt Klaess, CEO at Western Financial LLC, in a statement. The CEO said that InTrac would help his company increase the profit it makes per loan.   InTrac doesn't stand by itself. It's an optional add-on for lenders who already use DataTrac.   Del Mar is a provider of automation systems for small to mid-sized residential mortgage lenders that was acquired in March by Fiserv   Del Mar Database offers a variety of services to automate the back office for mortgage br...

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