Del Mar DataTrac Inc. (DMD), a provider of automated lending solutions, and CCMC Inc., a technology interface provider, have released the DMDBridge, a connectivity tool that automatically moves loan data from a lender's third-party origination system to the DataTrac mortgage banking system of record. The first DMDBridge was created for companies with loan officers working in Ellie Mae's Encompass 360 that rely on DataTrac as their centralized mortgage lending platform. DMDBridge captures all of the data in the industry-standard DU 3.2 file set, the companies say. DMDBridge pulls fee information from Encompass and automatically populates fields in DataTrac. Without DMDBridge, processors are required to manually enter loan file information from the loan origination system into DataTrac, DMD and CCMC explain. SOURCES: [link=http://www.dmdinc.com]Del Mar DataTrac[/link], [link=http://www.ccmcinc.com]CCMC[/link]
