According to a 2010 study conducted by Access Mortgage Research & Consulting, 72.5% of mortgage brokers reported using Calyx Point as their preferred loan origination platform. A market leader for mortgage lenders as well, Calyx proudly supports 36% of community banks, credit unions, and mortgage bankers with Point and PointCentral products.
Calyx Software today announced the release of Point 5.2, which includes the new loan application form that becomes mandatory by Fannie Mae and Freddie Mac for all loans taken after January 1, 2006. Calyx Software worked with both agencies to update the screens and forms in Point to meet their guidelines, and made the forms available to Point users in Point 5.2, scheduled for shipment beginning December 8, 2005. Current Point subscribers should receive their new software by mid-December.
Calyx Software today announced the release of Point 5.1 and Point Data Server 5.1. From a brand new connection to Freddie Mac's Loan Prospector in Point to Internet-based loan file sharing in Point Data Server—which no longer requires VPN—the enhancements in 5.1 will have a measurable impact on your business. Calyx began shipping on August 3, 2005 and subscribers should receive their update before the end of the month. To receive your software, make sure your subscription and shipping information is current.
Preliminary findings from the Wholesale Access Mortgage Brokers Study 2004 (scheduled for release in August) confirm that Calyx Software's Point is still by far the nation's number one loan origination and processing software. In the study conducted earlier this year, Calyx was used by 67.9% of all mortgage brokers in the randomly conducted poll-an increase from 66% in 2002.