NEWSLETTER | FEBRUARY 2007



The latest version of Point, shipping now, includes new fields in the Truth in Lending and on the Amortization Schedule that simplify compliance with federal guidelines issued last year for nontraditional mortgage loans, including option ARMs and interest-only loans.
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Calyx is proud to introduce First Title & Escrow, Inc. (www.firsttitleservices.com) as the first title vendor in Point with the capability of giving users exact closing fees, recording fees and title insurance premium fees instantly when placing an order. Through the DirectConnect™ platform, mortgage professionals can transmit title and closing orders directly from the Calyx Point® LOS to First Title with one mouse click.
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First American CREDCO has simplified how users log in to Calyx Point 5.4. In previous versions, users had to enter two sets of credentials — their CREDCO account and password and their DataFlite userID and password. Thanks to improvements in CREDCO's services platform, users now only need to enter their DataFlite userID and password, which they created at CREDCO's website, www.dataflite.com. If you have additional questions about CREDCO's new credential enhancements in Point 5.4, please call CREDCO's Technical Support Team at 800-423-1150.


Calyx Software is pleased to announce that the U-CLOSE Automated Loan Management System from No Red Tape Mortgage is now accessible in Point. The latest I-Update in January added No Red Tape Mortgage to the Lender menu in Point, making it quick and easy for you to access the company's transactional web site.

About No Red Tape Mortgage

No Red Tape Mortgage is the nation's Premier Jumbo Wholesale Lender servicing licensed mortgage brokers in major metropolitan areas across the United States. Since its founding in 1998, No Red Tape has approved billions of dollars in jumbo loans for its brokers, most in as little as 24 hours. In 2005, Mortgage Technology magazine awarded No Red Tape “Outstanding Mortgage Web Site of the Year.” No Red Tape offers fast response times and Five Ironclad Service Commitments that guarantee brokers will receive the highest level of service on every loan.

Benefits of Working with No Red Tape Mortgage

Not only does No Red Tape offer a paperless submission procedure for your loans, it also offers next-day underwriting up to $2 Million, same-day condition sign off, same-day doc drawing, same-day review of signed docs, and same-day funding. If they do not meet their Ironclad Commitments, they guarantee to waive fees! (Please visit www.noredtape.com to learn more.) Their inside sales staff is dedicated to servicing loans throughout the nation; go online for an instant Quick Quote and Pre-Approval or call them at 1-866-2-U-CLOSE to talk to your Account Executive.
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Calyx® Software is pleased to announce that Homecomings Financial’s automated loan evaluation system, Assetwise DirectSM, has significantly enhanced its integration with Calyx Software’s Point loan origination software. Calyx Point users can save time and reduce costly errors by directly accessing Assetwise Direct, increasing brokers’ speed and efficiency in obtaining automated underwriting decisions.

Homecomings Financial is dedicated to working collaboratively with its brokers to deliver technology solutions that help them streamline their lending process. The enhanced integration of these two industry-leading systems is the latest addition to Homecomings Financial’s full suite of technology tools designed to automate and simplify the broker’s loan origination process.
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Calyx Software proudly added Aegis Solutions to the Lenders menu in Point during the January I-Update. Its new location in Point makes it even easier for loan professionals to electronically price, lock, underwrite, and close loans with Aegis.

In addition to the new Lenders menu interface, Point users of versions 5.2 and 5.3 will still be able to access Aegis through the Interfaces > Lender Services menu through March of this year. Once you have installed Point 5.4, the new Lenders menu interface will be the only interface in Point for Aegis Solutions.
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© 2007 Calyx Software 6475 Camden Avenue Suite 207 San Jose, CA 95120
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