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April 19, 2004 Netupdate, Inc. and Del Mar Database Form Referral Partnership Bellevue, WA - Netupdate, Inc., a leading provider of point-of-sale technology for the mortgage industry, announced a referral partnership with Del Mar Database, a provider of innovative, performance enhancing software to the mortgage industry. This partnership provides each company with the ability to promote each other’s prospects and clients with a best-of-breed solution specific to mortgage lenders needs. Originator Pro is a powerful Web-based point of sale system that provides integration to your loan origination system. Originator Pro Version 4.0 increases mortgage loan pull-through and reduces fall out by providing access to borrower information, underwriting engines and loan product parameters instantly at point of sale. Mortgage professionals are now able to engage, qualify, and approve borrowers quickly and efficiently. Originator Pro gives loan officers a customized web site where borrowers can apply for loans, get pre-approved, see loan status information throughout the lending process, and securely communicate with their lender. Del Mar Database technology enables lenders of all sizes to fund more loans with fewer people, minimize errors using business intelligence, and generate greater profits per loan. DataTrac® connects a lender's mortgage applications to a single point of data input and management, reducing duplicate data entry and adding several layers of security that protect data integrity throughout the process. “Customers can now choose a robust point of sale product to compliment DataTrac®’s back office processing functions” says Diane Holmstrom, CEO of Netupdate. “Partnering with Del Mar Database, enables our two companies to better serve the market with superior technologies supporting the lending process.” John Walsh, president of Del Mar Database stated, “DataTrac® is unique because it doesn't require a lender to replace its existing software solutions. We believe that partnerships with “best of breed” technology providers offer our customers the ability to use leading-edge providers to increase market penetration and improve profitability." About Netupdate For more information on Netupdate visit the company’s Web site at www.netupdate.com About Del Mar Database (DMD) For more information, visit www.delmar.com For more information on Netupdate or Originator Pro, contact: © 2004 Netupdate, Inc. All rights reserved. Netupdate, Originator Pro, Loanupdate and Netupdate.com are trademarks of Netupdate, Inc. All other marks are owned by their respective entities. |