Dexma Volume Grows 300%

Minneapolis-based Dexma, creator of the Transaction Director technology platform, reports that the volume of mortgage business traveling across its system tripled in 2002.In the fourth quarter, the company reported that nearly 500,000 unique loans traveled over its software, totaling approximately $80 billion in loan transactions. “Nearly one in every eight loans currently is transacted over a Dexma-built platform,” said Steve Mase, president of Dexma. During 2002, the company added or re-deployed nearly 40 Web servers. Dexma now hosts over 100 servers for more than 50 clients. As a Fannie Mae technology partner, Dexma developed the government-sponsored enterprise’s Web-based versions of Desktop Originator and Desktop Underwriter. Dexma can be found on the Web at http://www.dexma.com.