EMPIRE BANCORP, RANCHO CUCAMONGA, California, has selected San Diego-based Del Mar Database's DataTrac as its back-office mortgage banking technology solution.
DataTrac is an automated back-office solution built specifically for small and medium-sized lenders that increases efficiency, profitability
Empire Bancorp originally selected another automation solution based on its lower price tag. However, after using the solution for about a year, the lender determined the solution lacked the functionality and robustness required to run its business. It then selected DataTrac, according to Les Hills, executive vice president for Empire Bancorp.
"DataTrac was the obvious choice, because its functionality matched our needs," said Hills. "Furthermore, DataTrac's reporting capabilities, remote access through WebTrac and imaging functionality of DocumentTrac(TM) makes this a better fit for Empire Bancorp's business model."
WebTrac is an Internet-based interface for remote originators. DocumentTrac(TM) is an integrated solution for imaging, archiving, retrieving and distributing all documents associated with a loan file. Both modules are tightly integrated with DataTrac.
"By the end of 2005, we will have grown our origination volume from $350 million to $800 million, and DataTrac is flexible enough to grow with us," said Hills.