Del Mar DataTrac Inc. has announced that the company has added 19 new customers during a four-month period spanning November 2008 to February 2009. Del Mar DataTrac provides solutions that empower small- and medium-sized mortgage bankers to deliver extraordinary customer service and drive up production while reducing risk, increasing productivity and streamlining their overall efficiency.
Del Mar DataTrac has added a total of 56 new clients since February 2008. This growth includes an increasing number of retail banks and credit unions. Additionally, the company has seen substantial growth in sales of additional products to existing customers looking to improve customer service and efficiency across all areas of operations.
"Staying ahead of the curve when it comes to technology is vital to Essex Mortgage," said Roland Weedon, owner of Orange, Calif.-based Essex Mortgage, a 10-year Del Mar DataTrac client that recently purchased the company's electronic document management system (DocumentTrac) and their origination portal (WebTrac). "We decided to expand our usage of Del Mar DataTrac's technology to include DocumentTrac and WebTrac in order to stay in-line with where the mortgage industry is headed. DocumentTrac will allow us to turn our warehouse lines faster, greatly reduce office clutter, and save considerable amounts of time and money on storage and shipping costs. WebTrac will enable us to provide better customer service by giving lenders the ability to view loan status online."
"Our continued growth is the direct result of our decision to invest heavily in our product suite and our client base, which is further increasing our clients' return on investment," said Rob Katz, president of Del Mar DataTrac. "Lenders are looking at DataTrac because they see economic conditions as an opportunity to create a competitive advantage. They know that in order to succeed, every aspect of loan processing and fulfillment must be more efficient, with lower costs, less errors and higher profits."
For more information, visit www.delmardb.com.