Del Mar Database, San Diego, has released DocumentTrac, an electronic document management system that is integrated with DataTrac, the firm's automated back-office processing system.DocumentTrac makes it possible for lenders to electronically image, archive, retrieve, and distribute all paper documents associated with a loan file to an investor or other party, the company said. Through DocumentTrac, originators (including loan officers and brokers) can electronically submit documents associated with a loan file via fax, scanner, file upload, or print functions. Del Mar can be found on the Web at http://www.delmardb.com.
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The founder who was recently ousted as CEO said he wants to return the company to its positive trajectory, after last week's shakeup battered its stock price.
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The lender won its motion for summary judgment just about two months after the court denied a plaintiff's attempt to certify a class of over 50,000 consumers.
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More than a third of listings are below their original ask, with entry-level homes seeing frequent cuts in several metros, Movoto data shows.
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For the first time in six weeks, the 30-year fixed rate mortgage dropped, with observers expecting a steady but challenging housing market for the rest of 2026.
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