Del Mar Database, San Diego, and Integrated Loan Services have teamed up to offer a co-branding strategy to allow small to medium-size lenders that use Del Mar's DataTrac to have access to ILS's QuickClose.QuickClose is an alternative to traditional title insurance that can reduce the time required to close a loan by up to 14 days, according to ILS. DataTrac is a back-end origination tool that, when combined with a POS, can offer a best-of-breed origination platform, Del Mar says. Both companies are owned by Fiserv. Del Mar can be found on the Web at http://www.delmardb.com.
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