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Important Support Messages

2018 HMDA Updates Will Be Ready Early!

Home Mortgage Disclosure Act Data

As you are probably aware, effective Jan 1, 2018, all affected lenders must collect the new Home Mortgage Disclosure Act (HMDA) data and submit appropriate reports to the CFPB under the new rule as required by Reg. C.

We are adding the new HMDA data fields early to help you and our third-party HMDA reporting vendors implement and test them well in advance of the deadline.  When you use Point and one of our integrated HMDA reporting vendors, HMDA data points are tracked and stored exactly the same way in your system of record and the reporting software, reducing potential errors and regulatory audit concerns.

The new HMDA data will be captured in the Point .BRW file. The GSEs have not yet announced anything regarding HMDA data updates for Fannie Mae 3.2.

Following are the details:

  • The Point Version 9.5 release introduces the HMDA Recording (2018) screen that will be used to collect the new HMDA data requirements for 2018. HMDA data fields are divided into two screens on the Track menu.
    • HMDA Reporting (2017) includes the existing fields for previous years, plus some new fields for 2017 tracking and reporting.
    • HMDA Reporting (2018) incorporates the existing, new, and modified fields for 2018 tracking and reporting, including Universal Loan Identifier (ULI) and Legal Entity Identifier (LEI).
      - Point will generate the ULI by combining the Lender Case number and LEI number from the loan file.
      - Full functionality of the HMDA Recording (2018) screen is targeted for the next Point release. This functionality will include a new URLA Addendum and a copy feature to populate data that was collected on other screens in the Point loan file. 

HMDA Reporting and Submission

Point collects HMDA data in an alpha/numeric text format.  It does not convert the alpha/numeric text into the new required numeric value for a direct Loan Application Register (LAR) upload. The new format requires a service to handle a pipe delimited text file with numeric values to represent the text descriptions.  Point customers have the option of using QuestSoft® or ComplianceEase®, expert third-party compliance software companies already integrated with Point and well-versed in HMDA reporting.

Uniform Closing Dataset

The new Uniform Closing Dataset (UCD) requirements become effective September 25, 2017. We will release a new version of Point with the capabilities to meet the new requirements in July 2017. More information will be available as we close in on the July release date.

Point 9.5, Service Pack 3 is Available

Point® 9.5 Service Pack 3 (SP3) is available. This release corrects a copy issue for PointCentral users that populated the Lender Case No field with the text autofilename when Auto File Naming was enabled.

Please deploy Point 9.5, SP3 to your users to resolve the auto file naming issue.

Helpful Links:
Knowledge Base Article 0241 Updating Point
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What’s New in Point
Point Release Notes

Point Versions 9.5 Service Pack 2 and PointCentral Versions 9.5 are Now Available

We are excited to announce Point® 9.5 SP2 and PointCentral® 9.5 have been released. Request your MyCalyx Administrator deploy PointCentral 9.5 to ensure you have the latest update.

It is critical to deploy both releases due to two major updates:

  1. The Calyx® Resolver Service SSL wildcard certificate was updated in PointCentral 9.5. The current certificate expires on April 9, 2017.
    To maintain access to Point and PointCentral you must update to PointCentral 9.5 by April 9, 2017.
  2. CoreLogic Credco® interface modifications require updating by March 31, 2017 to ensure continued access to Credco services.

To learn more about the release view our recorded overview webinar.

Quick Links to Release Resources New Knowledge Base Articles

Updates made in this release also enhance the Loan Estimate, Closing Disclosure, Home Mortgage Disclosure Act (HMDA) functionality, data transfer security, the PDF converter driver, Freddie Mac LPA AUS, and provide direct access to Calyx Pricer®. Additional updates were made to initiate support of HMDA 2018 requirements.

Windows 10

Windows 10 is now supported on Point Version 9.2, Service Pack 9, and later.

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