Walsh Vacates Del Mar

After running origination vendor Del Mar Database, San Diego, for several years, the company's president, John Walsh, has decided to leave the company.Fiserv Lending Solutions recently acquired Del Mar and kept Mr. Walsh on as president. "Simply, the earn-out on the deal expired," Mr. Walsh told MortgageWire. "It was time for me to cut the umbilical cord. Del Mar is, and will continue to be, a very successful company, I have no doubt. I consider myself an entrepreneur, and it was the right time for me to move on." Mr. Walsh said he has no immediate plans. He told MW that Fiserv is in the process of finding a successor. Del Mar, which specializes in providing technology to small and medium-size lenders, can be found on the Web at http://www.delmardb.com.