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 brokers and other lenders. The company’s products, including DataTrac and WebTrac Pro, serve as a hub in the loan processing cycle by linking loan origination systems and relevant ancillary products while providing additional functional, process management and security tools.

 

Del Mar Database products also offer document imaging and pricing applications, and enable multi-user access to all of the information needed for loan approval and processing.

 

“Many of our new clients are switching from so-called ‘end-to-end solutions’ that either failed during implementation or simply did not meet the business needs of the lender,” said John Walsh, president of Del Mar Database.

 

“After selecting DataTrac as the best back-office solution, these lenders have the option to choose the best point-of-service for their businesses, whether our offering or another vendor’s. InTrac’s simple implementation and ease of use, combined with our technical and customer support, provides for greater efficiency and return on investment,” Walsh claimed.

***

Send tips or a Letter to the Editor to janis@inman.com or call (510) 658-9252, ext. 140.

Show Comments Hide Comments

Comments

Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
Success!
Thank you for subscribing to Morning Headlines.
Back to top
Real estate news and analysis that gives you the inside track. Subscribe to Inman Select for 50% off.SUBSCRIBE NOW×
Log in
If you created your account with Google or Facebook
Don't have an account?
Forgot your password?
No Problem

Simply enter the email address you used to create your account and click "Reset Password". You will receive additional instructions via email.

Forgot your username? If so please contact customer support at (510) 658-9252

Password Reset Confirmation

Password Reset Instructions have been sent to

Subscribe to The Weekender
Get the week's leading headlines delivered straight to your inbox.
Top headlines from around the real estate industry. Breaking news as it happens.
15 stories covering tech, special reports, video and opinion.
Unique features from hacker profiles to portal watch and video interviews.
Unique features from hacker profiles to portal watch and video interviews.
It looks like you’re already a Select Member!
To subscribe to exclusive newsletters, visit your email preferences in the account settings.
Up-to-the-minute news and interviews in your inbox, ticket discounts for Inman events and more
1-Step CheckoutPay with a credit card
By continuing, you agree to Inman’s Terms of Use and Privacy Policy.

You will be charged . Your subscription will automatically renew for on . For more details on our payment terms and how to cancel, click here.

Interested in a group subscription?
Finish setting up your subscription