Del Mar DataTrac Inc. says that Flanders, N.J.-based American Federal Mortgage Corp. has implemented the company's electronic imaging platform, DocumentTrac.
DocumentTrac enables lenders to share documents electronically among branches, brokers, and investors quickly and freely, while reducing labor and delivery costs. The platform also reduces storage costs, while enabling easy, secure retrieval, Del Mar DataTrac adds.
‘Because we run a low-overhead, multi-state operation, we have employees who work remotely and have little room for document storage,’ notes Robert Bakerian, senior vice president of American Federal Mortgage. ‘With DocumentTrac, we can store documents in a manner that is even more secure, where they can be retrieved from anywhere.’
Sources: Del Mar DataTrac Inc., Federal Mortgage Corp.