SAN DIEGO, June 12, 2006 – Del Mar Database (DMD), a unit of Fiserv, Inc. (Nasdaq: FISV), has introduced the integration of MERS (Mortgage Electronic Registration System) to its flagship software program, DataTrac®.  Del Mar Database provides software solutions that enable small- and medium-sized lenders to drive up production while reducing risk, increasing productivity, and streamlining their overall efficiency.  MERS enables mortgage lenders to record it as the mortgagee of record (as nominee for the lender) in county land records, and thereafter to electronically track changes in servicing and beneficial ownership rights over the life of the loan.

The seamless integration is made possible through Del Mar Database’s Vendor Services Platform (VSP).  Del Mar Database’s VSP will expedite the transaction process with MERS by eliminating nearly all manual data entry and adding instant confirmation or error responses.  Customers will be able to register loans instantly, directly out of DataTrac.   In addition, VSP supports Transfer and Deactivation transactions, also directly out of DataTrac. Because MERS remains the nominal mortgagee despite the number of times the servicing is traded, loans registered in the system are inoculated against the need for future assignments.

“Del Mar Database is committed to consistently offering innovative, ROI-based solutions to small- to medium-sized lenders to enable them to compete with larger lenders,” said Scott Stucky, vice-president of Del Mar Database.  “As the mortgage industry’s de facto standard for electronic title registration, the MERS system is a necessity for mortgage lenders.  This integration eliminates a tedious process that impacts practically every loan funded today and enables Del Mar Database customers to reduce risk, increase efficiency, and increase productivity through a more refined and streamlined transaction process.”

“The integration of MERS into DataTrac will greatly enhance ease of use and add value to DataTrac through the elimination of manual data entry,” said Dan McLaughlin, executive vice president of MERS.  “We applaud Del Mar Database in their decision to integrate MERS into DataTrac.”

DataTrac is Del Mar Database’s lending automation solution that empowers lenders to increase production, control costs, improve efficiency, reduce risk and maximize profitability. VSP allows lenders to order third-party services from within DataTrac and incorporate request results directly into the system without the need to rekey data, improving data quality, increasing production and reducing errors.

“Del Mar Database recognizes the importance of providing its customers with the most competitive solutions,” said Megan Rhodes, vice president of operations at Alternative Financing Corporation.  “Through the integration with MERS, we are able to process loans faster, allowing us to focus our resources in other areas.”
About Del Mar Database
San Diego-based Del Mar Database, a wholly owned subsidiary of Fiserv, Inc. (Nasdaq: FISV), introduces new technologies to lenders of all sizes that leverage their existing tools to improve efficiencies, increase profitability, and increase pipeline capacity. The company's proprietary software solution, DataTrac®, enables lenders to reduce costs, generate greater profits per loan, minimize errors using business intelligence, and fund more loans with fewer people. Founded in 1991, the company's customers include mortgage lenders, brokers becoming lenders, credit unions, and community banks. For more information, visit www.delmardb.com.
About MERS

MERS was created by the mortgage banking industry to streamline the mortgage process by using electronic commerce to eliminate paper. Beneficiaries of MERS include mortgage originators, servicers, warehouse lenders, wholesale lenders, retail lenders, document custodians, settlement agents, title companies, insurers, investors, county recorders, and consumers. MERS acts as nominee in the county land records for the lender and servicer.  MERS as original mortgagee (MOM) is approved by Fannie Mae, Freddie Mac, Ginnie Mae, FHA and VA, California and Utah Housing Finance Agencies, as well as all of the major Wall Street rating agencies.