According to a 2006 study conducted by Wholesale Access, 67.9% of mortgage brokers and direct lenders use Point, a figure greater than all other mortgage automation applications combined.
SAN JOSE, Calif.– Calyx Software, the mortgage industry’s leading provider of loan marketing, originating and processing software, has expanded the Calyx Network with a new network interface update. The July Calyx Network Interface update contains a new connection to five additional mortgage service providers. The Calyx Network allows users of Calyx Software’s Point loan origination software to connect directly with lenders and mortgage service providers, automating data exchange and streamlining the loan origination process.
Updates are automatically installed into Calyx Point, and new providers are added to the application on a bi-monthly basis. The Calyx Network Interface update is automatically installed into Point versions 5.2 and higher when users open their software and connect to the Internet.
The following mortgage service providers have joined The Calyx Network:
•Bundled Services - RealEC Technologies
•Product and Pricing Engine - SearchMyLoan.com, Inc.
•Title Reports - Mortgage Connect, LP
•Internet Services - LOAlert.com
•Credit Reports - Equifax Web Services
About Calyx Software
Calyx Software is dedicated to helping mortgage brokers, mortgage bankers, and direct lenders increase their profitability by providing reliable and affordable software that streamlines and optimizes all phases of the loan process. The Calyx Network connects loan officers and processors to over 300 lenders and service providers, using technology that allows all parties to exchange data easily. This seamless interaction, coupled with the robust features in the Calyx Point solution product line, increases efficiency and maximizes profitability by enabling more loans to close quickly. For more information, call (800) 362-2599 or visit the company’s Web site at www.calyxsoftware.com.