Archive for December, 2009

MyversaCAMM.com was recently launched as a Web site devoted to offering education, solutions and networking opportunities for anyone who uses a Roland VersaCAMM print and cut digital cutter.

SAN DIEGO, Calif. /Advertising Industry Newswire/ — Del Mar DataTrac, Inc. (DMD), the leading provider of affordable mortgage lending automation solutions, and an industry pioneer in business intelligence, document imaging and management, and loan process workflow tools, is reintroducing its DataTrac product suite with new names. DMD’s flagship product, DataTrac, has been the mortgage lending workflow automation solution of choice for lenders since 1991, providing a platform that integrates with leading loan origination software (LOS), pricing and underwriting systems, and doc prep providers to support an end-to-end mortgage lending technology environment.

Del Mar DataTrac® has developed and launched complementary DataTrac modules to support common compelling challenges faced by mortgage lending operations.

DocumentTrac, launched in 2004 to enable paperless lending through its seamless electronic imaging and management of all loan documentation, will now be known as DataTrac Electronic Document Management or DataTrac EDM. BusinessTrac, a mortgage lending pipeline metrics dashboard that in concert with DataTrac introduced small and medium-sized lenders to Fortune 1000 grade business intelligence in 2005, has become DataTrac Dashboard. InTrac, an originator’s point-of-sale (POS) tool introduced in 2006 to provide loan officers and processors with an easy-to-use borrower-centric system, will be known as DataTrac Originator. WebTrac, an originator portal introduced in 1996 to provide brokers and loan officers a 24×7 web presence from their lenders, will be known as DataTrac Web.

“Like many mortgage lending solution providers in the mid-2000s, Del Mar DataTrac was focused on helping lenders build and manage their business during a time of historic volume and product proliferation,” said Del Mar DataTrac president Rob Katz. “Over the years, we introduced a variety of applications – each focused on addressing real problems lenders were facing. In today’s market, it makes sense for lenders to leverage every ounce of technology to squeeze out higher profits. By better combining our modules into our core application, DataTrac, we can make it easier than ever for lenders to succeed.”

“DMD is in a great position to contribute value to mortgage lenders not only by developing a robust toolset, but also by educating them as to which solutions offer relevant support and relief from specific business challenges, such as compliance and the need for an enterprise management perspective on their operations,” said Gregg Holsapple, vice president of products for DMD. He added, “Our new product names bring clarity to our marketing.”

Founded in 1991, Del Mar DataTrac (DMD) is the leading provider of affordable loan automation solutions for mortgage lenders, banks, and credit unions. DMD offers a scalable workflow platform that enables lending best practices by leveraging DataTrac as the back-office hub along with a sophisticated point-of-sale system, a web-based originator portal and commission engine, and a management dashboard – all in a paperless environment.

The DataTrac Suite is designed by mortgage lenders for mortgage lenders who strive to deliver extraordinary customer service, increase production and profitability, reduce risk, and streamline overall efficiency. For more information, visit www.dmdinc.com .

PowerPact Holdings, the owner of consumer promotion agency PowerPact and digital video solutions company TouchStorm, has hired Robert Mazzucchelli as chief strategy officer, a new post

BOONTON, N.J. /Advertising Industry Newswire/ — Analysis of most recent FCC data (Jan. 2008) reveals that about 45 million of the more than 117 million US households have no Internet service and when “no Internet” households are added to those households using dial-up to reach the Internet, the number of non-broadband households approaches 58 million, according to a new market research study from The Insight Research Corporation. These 58 million non-broadband households represent 49 percent of the households in the U.S.

According to Insight Research’s market analysis study, “Rural Versus Urban Telecommunications in the U.S.: Changes in Markets and Technologies, 2009-2014,” projecting the FCC 2008 data to year-end 2009 and taking into account further broadband penetrations it is estimated that 40 million households will still lack broadband access at the close of 2014.

Current Federal Stimulus spending of $6.4 billion would allow for an investment of $164 per household to provide broadband access to the non-broadband households. The availability of such a small investment amount per household casts serious doubt that any significant expansion of broadband access will result from this government action. This position is further bolstered by the argument that, at the current estimate of $1,500 per household, at least $60 billion would be needed to deploy universal broadband access.

“Certainly the current administration recognizes the direct relationship between extending broadband access to all Americans and the future health of our economy, but the current allocation of funds is just not going to get the job done,” says Robert Rosenberg, President, Insight Research.

“Our analysis found that a substantial portion of the 49 percent without broadband had no computers in their homes. There is a chicken and egg problem here that needs to be considered by our policy makers,” Rosenberg concluded.

An excerpt of this study, “Rural Versus Urban Telecommunications in the U.S.: Changes in Markets and Technologies, 2009-2014,” table of contents, and ordering information are online at www.insight-corp.com/reports/rural09.asp .

This 98-page report is available immediately for $3,995 (hard copy). Electronic (PDF) reports can be ordered online.

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