Del Mar DataTrac Inc. (DMD), a provider of affordable loan automation solutions for mortgage lenders, banks and credit unions, has released version 9.0 of its workflow automation platform. The 9.0 release encompasses the core products within the suite, including new versions of DataTrac, WebTrac, DocumentTrac, InTrac, TracTools, AutoPrice and the Vendor Services Platform (VSP). This release addresses 246 product requests. Version 9.0 is designed to facilitate faster loan processing and underwriting, while reducing lenders’ risk in the face of regulatory uncertainty. It features streamlined user screens, new user roles and built-in compliance features.
► Updated underwriting worksheets with reorganized decisioning, credit and property information fields.
► Improved new fields for appraisal, property and flood certification information.
► Revised county management with new Fannie Mae loan limits, county specific fields and a built-in administrative utility to mass update county-level data.
► Refined underwriting, condition sign off (e.g. prior to funding), quality assurance (QA) and quality control (QC) user roles.
► Enhanced integrations for pricing adjustments from product eligibility & pricing engine (PPE) partners.
► Significant improvements to better support underwriting functionality, specifically FHA underwriting.
Version 9.0 also includes enhancements to DMD’s other software solutions including DocumentTrac, the leading electronic document management solution for mortgage bankers, InTrac, a point-of-sales solution, and WebTrac, a web-based originator portal.
“Version 9.0 is the result of thousands of man-hours by our entire staff, along with a significant investment in product development,” said Rob Katz, president of DMD. “We asked our clients how we could further improve their user experience and help them make more money, better control their business, save time and secure peace of mind – the core focus of DMD. Version 9.0 was built around their feedback.”
For more information, visit www.dmdinc.com.