SAN DIEGO & BETHESDA, Md.--(BUSINESS WIRE)--June 28, 2006--Del Mar Database, a unit of Fiserv, Inc. (Nasdaq: FISV), and Overture Technologies, the mortgage industry's leading developer of decisioning technology, have announced that they have partnered to offer product eligibility, pricing, and automated underwriting technology solutions to small and medium-size lenders.
Beginning this summer, Del Mar Database will launch a new family of web-based decision support products powered by Overture Technologies: PriceTrac(TM), a product pricing and eligibility (PPE) solution, and DecisionTrac(TM), an automated underwriting system (AUS).
PriceTrac is a rules-based loan program eligibility engine that delivers acceptable products along with fully adjusted prices to originators based on borrower information.
RLJ Cos., which is controlled by Charlotte Bobcats owner Robert Johnson, has established a business to help students and families finance secondary and post-secondary education.
RLJ created UTB Education Finance with a minority investment from New York-based Goldman Sachs Group Inc. (NYSE:GS).
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