On June 29, 2006, Calyx Software issued an I-Update that updates the interfaces in Point (versions 5.2 and 5.3). The update installs automatically and adds new vendors to the Lenders, Services, and Interfaces menus in Point. The I-Update also updates existing connections to lenders and mortgage services as needed.
The update process applies only to company listings in the Lenders, Services, and Interfaces menus in Point—no personal information is collected and no modifications are made to any other portions of your Point software. Sometime shortly after June 29, when Point 5.2 and 5.3 users open their software and are connected to the Internet, Point will automatically receive and install the I-Update.
Additions to each menu include:
Lenders Menu
· 1st National Lending
Services Inc.
· Sierra Pacific Mortgage
Services Menu
· CR BUR Services
· Mortgage Reporting
Specialists
· Quality Credit Data Inc.
· United One Resources
Interfaces Menu
· Follow Your Customer—
Prospect Marketing
Now you can work with ExpressLoan in Point.Calyx Software is pleased to announce that ExpressLoan™, the automated underwriting engine from Sierra Pacific Mortgage, is now accessible in Point. The latest I-Update (see sidebar) adds Sierra Pacific Mortgage to the Lender menu in Point, making it quick and easy for you to access the company's transactional web site. Chuck Iverson, vice president of production at Sierra Pacific Mortgage, said, "The partnership between Calyx and Sierra Pacific represents a key milestone in our quest for the outstanding technology offerings for our customers on a national basis. Our business partners will now be able to price, lock, and close loans faster and easier than ever before by using this important resource to access ExpressLoan, our proprietary automated underwriting engine."
About Sierra Pacific Mortgage
Founded in 1986, Sierra Pacific Mortgage, Corp. is a privately held mortgage lender. Based in Folsom, CA, Sierra Pacific Mortgage (SPM) maintains 13 regional centers across the United States, originates loans in 34 states, and funded over $8.1 billion in 2005. For more information regarding SPM's products and services, visit www.spm1.com (wholesale) or www.spmloans.com (retail).
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"At Sierra Pacific Mortgage, we specialize in the business of wholesale, retail and correspondent lending. SPM's focus on customer service, as well as developing our automated underwriting engine, ExpressLoan, has made SPM a leader in cutting edge technology for the mortgage industry." Chuck Iverson, VP of Production, Sierra Pacific Mortgage |
After the latest I-Update is installed (see sidebar), you can access ExpressLoan, the automated underwriting engine from 1st National Lending Services (1st NLS)—right from the Lenders menu in Point. John Howarth, divisional manager at 1st NLS said, "Our business partners will now have the benefit of one click access through the Point solution. This integration of systems will allow greater opportunity for our partners to upload, lock, and doc loans with 1st National Lending Services, with the convenience of never leaving the Point community. The speed of service gained from an integration of this type, is essential to our business model as the mortgage industry changes to meet the needs of borrowers." To learn more about 1st NLS visit www.1stnlswholesale.com.
