All You Need in One Place
Efficiency. Security. Centralization.
Point Data Server 6.1 is more efficient than ever. Now PDS not only offers remote access to your loan files but also ensures that loan files are always centralized in one location.
Forced File Upload, a new 6.1 administrative feature, keeps loan data throughout your organization centralized and up-to-date even when you can't be connected all the time.
Administrators now have the ability to increase the level of control and security over sensitive loan data by deciding whether users have access to Point data folders on their local machines. For those users granted access to originate offline, the Point file is automatically transferred to the central database the next time the loan officer connects to the PDS server. The local copy is removed from the computer ensuring that only one version of the loan file exists - the one on the central server.
PDS now gives you a choice. You can host your own server or inquire with us about a new hosted solution. Call 800-362-2599 or click the link below for more information.
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Rest Easy with a Fully Independent Third-Party Appraisal Manager
Recent mortgage market turmoil has focused a great deal of attention on the industry’s appraisal fulfillment processes. And with the publication of Fannie Mae’s hotly debated Home Valuation Code of Conduct earlier this year, what’s a mortgage lender to do when evaluating appraisal vendors? Now is an ideal time to consider Equifax Settlement Services (ESS).
Equifax provides a leading technologically-advanced third-party appraisal management system that includes procedures designed to assure appraiser independence. At any point during the application process, the borrower can specify a convenient appraisal time and our platform will automatically select, contact and confirm the most qualified appraiser for the job. There’s no manual interaction involved and no back-and-forth between constituents to converge on a plan. Direct confirmation of appointment between the selected independent appraiser and the borrower is automatically and seamlessly facilitated in an average time of less than 15 minutes.
Equifax Settlement Services. Fully independent appraisal processes you can trust.
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For more information, please visit the Equifax website by clicking on the link below or by calling (888) 279-9065.
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Informative Research Offers Per-Transaction Credit Card Ordering
Informative Research, provider of mortgage credit information to lending professionals nationwide, has announced that it will begin offering per-transaction credit card ordering on June 16th, 2008.
The announcement benefits Calyx users who want to streamline the credit ordering process and maintain better control of expenses in their shop. Instead of using a "batch processing" method, the Informative Research system will conduct each transaction instantly, saving originators time and labor.
Calyx users who have an existing agreement with Informative Research can take advantage of this new real-time processing capability by setting up their credit card billing account at www.informativeresearch.com. The card entered and safely stored there will be charged for merge report orders when a user chooses "Informative Research" from the credit provider pull-down menu in the Calyx user interface. Charges for upgrades or supplemental orders will also be applied to this card. With this new system, it's not necessary to re-enter the credit card information into the Calyx interface, as this information will not be used by Informative Research.
Calyx Introduces Initial Disclosures and Closing Docs
The Calyx Network is excited to announce with the launch of 6.1 you are now able to request initial disclosures and closing documents, instantly. While managing your file in Point you are now able to simply go to the Services menu in Point and click on Initial Disclosures or Closing Documents - set up an account with your preferred vendor and you’re ready to go.
The new disclosures and documents platform in Point will allow you to better service your borrowers faster, while also helping you reduce the amount of time and expense required to fill out fax cover sheets and manually request Closing Docs of your lender, assuming they received the fax.
The added bonus of aligning yourself with one of Point’s document vendors is that they will help ensure your initial disclosures and closing documents are keeping pace with the onslaught of new state and federal disclosure requirements. With state and federal authorities more involved in the mortgage banking industry than ever before, the industry headlines will continue to highlight and make examples of those originators who are not keeping pace with the new lending requirements by either shutting them down or assessing such heavy fines, so that they are left with few alternatives. With that said, Calyx has taken one step further to help protect our valued customers in today’s rapidly changing environment. Connect to the Calyx Network and take your business to the next level! | |
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Working around the Loan Application page 4 date?
Calyx Point (version 6.1 and 6.1a) now inserts the interviewer's signature date in Section IX on page four of the Loan Application when you print the page. If you used either a borrower/prospect Master Template or a Fannie Mae/Freddit Mac Addendum from a previous version of Point to create the loan file, the date that prints may be the date the template was built instead of the actual date the loan was opened. To learn how to work around this issue, please click on the link below.
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Calyx Network Update July 2008 Sometime on or after July 2nd, when you open Point (version 5.2 or higher) and are connected to the Internet, Point will automatically receive and install the July I-Update. The update only applies to company listings in the Lenders, Services, and Interfaces menus. After the update is installed, the new listings will be visible. Below is a list of new companies and where they can be found in Point. Mortgage Connect, LP - Services > Title Reports RealEC Technologies, Inc. - Interfaces > Bundled Services Searchmyloan.com, Inc. - Interfaces > Product and Pricing Equifax Mortgage Web Services - Services > Credit Reports LOALERT.com - Interfaces > Internet Services View Calyx Connections | |
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Upcoming Events
FAMB Annual
July 18 - July 19, 2008
Gaylord Palms Resort
Kissimmee, FL
Calyx After Party
July 19, 2008, 10 p.m. - 1 a.m.
Gaylord Palms Resort, Emerald Bay VIP Tower, Suite 5379
Kissimmee, FL
VIew All Events | |
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