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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The industry leaders are sparring over refinance business from a Mr. Cooper portfolio, and UWM contends it didn't specifically try to harm its rival.
7h ago -
The trade group supports FHFA's overhaul but urges longer comment periods, more flexibility and protections to prevent unintended consequences.
7h ago -
The drop in the annual metric for FHA loans was the biggest in over four years but other performance indicators ICE Mortgage Technology tracked were mixed.
July 24 -
NJ Lenders suffered a cyberattack last August, which potentially exposed the names and social security numbers of about 30,000 individuals.
July 24 -
Its origination volume of $621.8 million was an increase of $114 million compared with the first quarter but its gain-on-sale was 5 basis points lower.
July 24 -
The mortgage subsidiary of PlainsCapital Bank saw improvement in its bottom line but remained in the red amid ongoing affordability constraints.
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