Tag: Finance

SAN DIEGO, Calif. -- Del Mar DataTrac(R), Inc. (DMD), the leading provider of affordable end-to-end mortgage lending automation solutions, and an industry pioneer in business intelligence, document imaging and management, and loan process workflow tools, has added four new DataTrac ExTrac options. These ExTracs facilitate the extraction, quality control and exchange of mortgage loan data between mortgage bankers and warehouse lenders or servicing vendors.

DALLAS, Texas -- Frank Stokes, president of technology, CONIX Systems, Inc., a leading international provider of payment processing solutions to the financial services industry and a pioneer in the creation of post-Check 21 exception management tools, asserts that the acceleration of check clearing due to the widespread adoption of remote deposit capture (RDC), image exchange, and ACH conversion has exposed banks to a new level of payments fraud and risk. Stokes will be on hand at TAWPI Fusion 2010 May 9-13 (booth #622).

WASHINGTON, D.C. -- Financial estate and planning expert, John J. Cortale, senior vice president of investments, Potomac Investments, has assembled a team of financial experts with more than 30 years of combined experience. Cortale's team knows what it takes to work with individual investors as well as large organizations to provide customized solutions backed by solid, research-driven investment strategies.

ORANGE, Calif. -- Greg Schroeder, president of Comergence Compliance Monitoring, a leading provider of third-party originator (TPO) monitoring and due diligence solutions, says he supports HUD's move to eliminate FHA approvals for loan correspondents, thereby distancing itself from the risks inherent in the current management of this origination channel.

SALT LAKE CITY, Utah -- International Document Services (IDS), a mortgage document preparation vendor for closing documents, initial disclosures and reverse documents, has announced the successful completion of its full company SAS 70 Type I audit. The audit was performed in late February and will be followed up by a Type II audit in July, which will be repeated on a perpetual basis.

CORAL SPRINGS, Fla. -- With the outlook of traditional business credit markets remaining bleak, many small business owners are taking matters into their own hands, seeking out alternative means of finance, and this is proving to be a boon for the business cash advance industry according to BusinessCashAdvance.

SAN DIEGO, Calif. -- Del Mar DataTrac(R), Inc. (DMD), the leading provider of affordable end-to-end mortgage lending automation solutions, and an industry pioneer in business intelligence, document imaging and management, and loan process workflow tools, added two community bank mortgage lenders to its client roster in March, 2010.

SALT LAKE CITY, Utah -- International Document Services (IDS) and Primary Capital Mortgage have teamed up to minimize the lender's RESPA-related initial disclosures and closing document challenges. IDS is a mortgage document preparation vendor for closing documents, initial disclosures and reverse documents. Primary Capital Mortgage is an Atlanta based residential mortgage banking firm.

SAN DIEGO, Calif. -- Del Mar DataTrac(R), Inc. (DMD), the leading provider of affordable mortgage lending automation solutions, and an industry pioneer in business intelligence, document imaging and management, and loan process workflow tools, is holding its annual DataTrac Client Conference on June 10 - 11 at ARIA Resort and Casino, one of Las Vegas' newest and most exciting resorts.

SAN DIEGO, Calif. -- Southern California mortgage banker Augusta Financial selected the Del Mar DataTrac(R), Inc. (DMD) flagship solution DataTrac as its automated loan processing platform and lending system of record in September, 2009, when it transformed from broker to banker. Founded in 1995 as a mortgage broker in the Santa Clarita Valley, Augusta Financial today serves Burbank, Orange County and Ventura as a full service mortgage banker.