Press Releases

Calyx to Offer Affordable Government Reporting to All Mortgage Business Types

November 4, 2013

Calyx Software, the nation's leading provider of loan origination software, today announced it now offers government-required regulatory mortgage compliance reports through a new product -- Calyx Verifyde.

Calyx Verifyde reports will help aid banks, credit unions, mortgage bankers and mortgage brokers with a one-stop solution to adhere to reporting regulations at both the state and federal levels.

"Calyx Software has always provided high product value at an affordable cost and Verifyde continues that tradition," Dennis Boggs, executive vice president of business development at Calyx Software, explained. "We wanted to keep Verifyde simple, so we created bundles to match each business type, with the specific state and federal reporting needs to match. No need to shop a-la-carte."

Initial regulations supported include the Home Mortgage Disclosure Act (HMDA), HMDA Plus requirements of the Office of the Comptroller of the Currency, NMLS Mortgage Call Report, North Carolina Mortgage Lending Act data uploads, South Carolina Mortgage Log System, RegulatorConnect™ Licensee Examination File™, California Form RE 881 for brokers, Nevada Monthly Activity Report and New Hampshire Form 397-A-AR.

"We will continue to develop new reports as compliance circumstances dictate," Boggs continued. "Our initial offerings will provide customers a complete compliance reporting solution."

About Calyx Software

Calyx Software is a provider of mortgage software solutions for banks, credit unions, mortgage bankers and brokers. Dedicated to offering reliable, innovative software, Calyx helps streamline, integrate and optimize all phases of the loan process. PointCentral®, our flexible platform utilizes the full functionality of Point combined with remote access and a strong business rules engine needed for workflow and compliance. Point, the leading LOS simplifies loan processing and enables seamless integration with other Calyx products that include: INK-it™, an easy-to-use, secure electronic signature; Verifyde®, HMDA/NMLS Call Reporting, and WebCaster®, a professional appearance, do-it-yourself website solution. Pace® TRID provides lenders, wholesalers and correspondents the forms needed to create compliant Loan Estimates and Closing Disclosures. With over 200 service providers within the Calyx Network®, lenders never have to leave their LOS.

Contact: Jenny Harlowe, Marketing Communications | +1 214-252-5636 | Jenny@calyxsoftware.com | www.calyxsoftware.com