Calyx Software Newsletter | February 2008


Move Your Loan One Step Closer To Close!

Order Your Flood Reports Instantly

As certain as every loan application requires a credit report, every loan that goes to closing will require a flood report. No longer do you need to fill out forms and fax your request or have to re-key the borrow information into someone’s web site in order to request a flood report. When you’re in Point, you’re just a couple of easy clicks away from getting your flood report — instantly!

Calyx Software

When you go to the Services menu, you will see a link for ordering the flood report from your preferred vendor. When ordering services this way, you’ll find that you don’t have to re-enter the borrow information or property address. It’s as easy as 1,2,3. When ordering your flood report from Point, you’ll be able to analyze and resolve any property issues with the appraiser or customer before submitting the file to a lender; you’ll save time and money when requesting flood reports; and it will allow you to enhance your lender relations by submitting a more complete loan file.

Once you’ve received the report, you’ll be able to save the Flood report with your Point loan file. In the end, the benefits of ordering a flood report can clearly be realized throughout the entire loan process. Making life easier for you and your lender!

LEARN MORE ABOUT SERVICES IN THE CALYX NETWORK


WebCaster — The Gift that Keeps on Giving

Just because the holidays are over doesn’t mean you can’t still give yourself and your customers a gift! For you, WebCaster gives you the ability to promote your business 365 days a year. For your customers it means outstanding, convenient, personalized service — 24 hours a day….7 days a week.

You can easily promote your products and services with a few clicks of your mouse. The SetUp Wizard will allow you to have your own, personal website up in minutes. With a wide variety of site designs to choose from you can select the style that reflects your company’s image. Your website also comes with home, loan center, About Us, FAQ, Resources and Privacy Policy sections that are easy to maintain so your site works for you. WebCaster also shows you how to use meta tags, keywords, descriptions and title tags to increase the likelihood that your site will come up when customers are searching for mortgage services.

WebCaster’s loan center is fully integrated with Point and Point Data Server which means you can conduct business with a customer — day or night — all while knowing your applicants’ information is secure and protected. Transfer loan status information from Point to WebCaster and your clients can log in and check their loan status any day, anywhere. And the best part….all of this is available at the low cost of $24.99 per month! No set up fee or contracts required.

WebCaster was designed by mortgage professionals to work for mortgage professionals, while providing the functionality you need at a price you can afford. Give yourself the gift that keeps giving…no matter what time and day!

LEARN MORE ABOUT webcaster

Support Tips

ComplianceEase Simplfies Regulatory Compliance

ComplianceEase®, a leading provider of mortgage industry automated compliance and risk management solutions, is now available in the Calyx Network. This important and enhanced interface with their automated compliance solution, ComplianceAnalyzer® offers mortgage brokers and lenders the most complete and easy-to-use automated compliance system available.

“Point customers will now have the ability to run comprehensive compliance checks on their loans within seconds, without having to leave the Point LOS,” said Nina Travinsky, vice president of ComplianceEase. Point users can access the new ComplianceEase interface by clicking Interfaces > Internet Services > ComplianceEase.

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Equity Express Offers Additional Income Stream

Did you know that once you have closed a client’s loan and shipped it to your investor/lender, they offer your client a biweekly program for a fee? And you receive no benefit from their enrollment. Equity Express feels that you are entitled to benefit in your client’s enrollment in their biweekly program. Plus, many clients will refer friends and relatives who are interested in big savings on their mortgage.

“In these trying times originators need all the tools available to them,” says Raymond Dera, President of Equity Express Mortgage Servicing Co. “We offer a tremendous sales tool as well as additional fee income to mortgage companies and loan officers.” Equity Express can be found in Point by clicking Interfaces > Loan Servicing > Equity Express Biweekly Servicing.

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Support Tips

Have You Upgraded to Point 6.0b?

If not, you may be operating out of compliance*. The 6.0b download is available free of charge to all Point 6.0 users and contains the following updates:

• California Mortgage Loan Disclosure Statement/Good Faith Estimate,
   Non-Traditional Mortgage Products (RE-885)
• Florida Mortgage Brokerage Fee Agreement
• Right to Receive Appraisal Statement
  - Select the number of days that the borrower has to request an appraisal
     or specify the time frame as unlimited
  - Print the Right to Receive Appraisal form from the Print menu or on
     the loan application
• VA Loan Analysis (26-6393)
• IRS Request for Taxpayer Identification Number & Certification (W-9)
• Print button is no longer disabled when printing groups

DOWNLOAD now

Important!   Effective January 14, 2008 the California Department of Real Estate (DRE) finalized and made the use of Forms 882, 883, and 885 required (CA MLDS and GFE for Traditional and Non-Traditional Mortgages). While these forms became effective on January 14, 2008, letters to brokers and those affected were not mailed until January 25, 2008 and on that date, a 45 day comment period began (ending March 11, 2008). The DRE may make additional changes during or at the end of the comment period, which could require additional revision of these forms. Once Calyx has the final info available, we will communicate with you how to ensure you are compliant with the final DRE regulations while using Point.

 

Industry Events

Join the Calyx Fiesta during the MBA’s National Technology in Mortgage Banking Conference & Expo! After a day on the exhibit hall floor come relax with the Calyx team at this casual cocktail reception.

When: March 17, 2008
5:30 - 7:30 p.m.
Where: Riverwalk Cafe,
Gaylord Texan Hotel
Grapevine, TX

The Calyx Fiesta is brought to you by these generous sponsors:

WebCaster

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Contact Calyx

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