Mortgage lending is fundamentally a manufacturing process. Lenders gather raw materials (loan applications) and process them to produce a finished product (a closed loan) that they can sell in the (secondary) market for a profit. Today, as a mortgage lender, you are selling to a very demanding marketplace where quality standards require nothing less than zero-defect, investor-grade loans.
Further, as residential lending volumes moderate for the foreseeable future, lenders will compete and maintain profitability the old-fashioned way – by managing lean, efficient operations that virtually eliminate waste, risk and human error from their processes, while at the same time delivering distinctive customer service.
DMD’s affordable automation solutions allow lenders to perfect their processes, ensure the saleability of their closed loans, and improve business profitability.
DMD Mortgage Lender Software Suite
DMD's suite of mortgage lending software solutions is designed for mortgage bankers, community banks and lenders. Its modules can be configured to support lenders’ unique processes, including third party vendor integrations to support their specific business preferences.
We offer a vastly scalable workflow platform that enforces lending best practices by leveraging our flagship workflow and business intelligence solution DataTrac as the back-office hub along with our sophisticated point-of-sale system DataTrac Originator, web-based originator portal DataTrac Web, commission engine DataTrac Commissions, and business management dashboard DataTrac Dashboard – all in a paperless environment with DataTrac EDM (Electronic Document Management)).
The DataTrac Suite is designed by mortgage lenders for mortgage lenders that want exceptional customer service, increased productivity and profitability, reduced risk, and overall efficiency.
Learn more about how DMD’s suite of total quality lending solutions support your business goals:
The Hub of Your Business - Our Mortgage Lending Workflow Automation Engine
DataTrac is DMD's flagship product that drives an automated, highly efficient workflow throughout a lender's back-office. DataTrac gathers business performance intelligence at every step. Its rules-based triggers prevent the progress of loan files that fail to meet specific lender criteria.
From the time a loan hits your underwriter's desk through the delivery of your last trailing document to your investor, you will use DataTrac to ensure your best practice processes are being followed.
DataTrac is your most reliable "database of record" for your lending activity.
Your Paperless Office - Our Electronic Document Management Took for Lenders
DataTrac EDM (Electronic Document Management) – our paperless mortgage software solution for lenders eliminates paper files in your office, replacing them with a sophisticated electronic document management (EDM) solution that takes loan files to the next level.(previously known as DocumentTrac)
Your Point of Sale - Our Point of Sales Software for Mortgage Lenders
DataTrac Originator is a powerful point-of-sale tool that enables your loan officers to take a RESPA-compliant application and get the borrower off the street quickly. (previously known as InTrac)
Your Originator Portal - Our Secure, Web-Based Software for Mortgage Lenders
DataTrac Web enables your originators to provide competitively-differentiated customer service to their borrowers by providing real-time details on their entire pipeline of loans, 24 hours a day, 7 days a week. (previously known as WebTrac)
Your Commission Engine - Our Mortgage Lender Commission Tracking Software
DataTrac Commissions automates every aspect of your variable compensation workload so that your loan originators stay focused knowing commissions have been accurately calculated and your accounting staff can save their time from calculating commissions. (previously known as CommissionTrac)
Your Management Dashboard - Our Mortgage Lender Business Management Dashboard
DataTrac Dashboard is a web-based management dashboard that provides instant visibility of key performance indicators about your lending operations so that decision makers can be armed with real-time facts about your business before they make decisions. (previously known as BusinessTrac)
Your Expert Advisors - Implementation and Mortgage Software Training
We offer a range of services to help your business thrive as a best practice lender.
Trying to force a round peg through a square hole is a waste of everyone's time and energy. At DMD, if our product isn't right for your business, we won't let you buy it.
Deployment Options
With DMD, you have a choice: Installed on your equipment or Hosted on ours.
We recommend that you install our solutions on your own hardware in your own data center.
Installed
Over 90% of our clients choose to install our solutions on their own equipment.
To learn about the detailed requirements for each of our modules, select the product below:
DataTrac Technical Requirements
DataTrac EDM Technical Requirements
DataTrac Originator Technical Requirements
DataTrac Web Technical Requirements
DataTrac Commissions Technical Requirements
DataTrac Dashboard Technical Requirements
Hosted
Read about our hosting environment in our data center section to see if it is right for your business.