Del Mar DataTrac, San Diego, has expanded its open-platform approach and is now integrating with providers in the product and pricing eligibility and automated underwriting space. The company said it has decided to discontinue its PPE system, PriceTrac. The underlying technology for PriceTrac was provided by Merit Matrix (a company recently acquired by AllRegs) and Mortech. Del Mar DataTrac clients who were subscribing to PriceTrac are now working directly with Mortech, Del Mar said. In addition to working with AllRegs and Mortech, Del Mar DataTrac now has development agreements with several PPE system providers, including Optimal Blue, NYLX, and Sollen Technologies. For those clients seeking a PPE coupled with a comprehensive automated underwriting system, development agreements have been executed with Loan-Score Decisioning Systems and PriceMyLoan. Del Mar can be found on the Web at http://www.delmardb.com.
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Experts have some tips for how to best employ strategies that can minimize the damage from changes in the market.
8h ago -
Bill Pulte, FHFA director, has ordered Fannie Mae to update its servicer guide to mirror Freddie Mac policy regarding notifying borrowers about dropping MI.
11h ago -
Seven of eight offices are open; debit cards are capped at $1,000 a day; and the bank's website is down. The bank has given no restoration date.
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It will be a promotion for Jones, currently the deputy assistant secretary for single-family housing at the Department of Housing and Urban Development.
September 15 -
The Federal Housing Administration share of August new-home purchase applications hit its highest mark in three months, the Mortgage Bankers Association said.
September 15 -
While Federal Reserve Chair Kevin Warsh has sought to inject some mystery into the central bank's communications with markets, an American Banker analysis shows that officials other than the chair have been speaking more and more frequently over the last few decades.
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