DALLAS--(BUSINESS WIRE)--Calyx Software®, the preferred mortgage solution provider for banks, credit unions, mortgage bankers and brokers, announced today the company will be featured on the 21st Century Business segment of Fox Business News. Calyx was chosen because of their knowledge and expertise in an ever-changing and heavily-regulated industry. The program, scheduled for January 22nd, will offer viewers in-depth insights into the mortgage technology industry and how Calyx is leading the way in mortgage technology that works for brokers and lenders.
Holding over 70% of the market share, Calyx has been a long-time favorite of brokers for the affordable easy-to-use loan origination system (LOS) called Point®. Calyx has continued to grow in the lender market since the introduction of PointCentral®, the platform currently used by 36% of mortgage banks, credit unions and community banks as their system of record. PointCentral provides lenders the comprehensive LOS of Point with electronic document management, back-office functionality for banking operations, robust security and process control through customizable rules and templates, and reporting capabilities for oversight and compliance.
JL Haber, vice president of programming at Multi Media Productions, explained the decision, “In our search for companies with innovative software solutions, Calyx Software stood out as a unique company. We are excited to have them as a guest on our program.”
“As a software vendor, we recognize the tremendous importance of compliance and efficiency for all mortgage professionals in light of the increasing number and complexity of industry regulations,” added Jody Collup, director of marketing for Calyx Software. “We are honored that we have the opportunity to share our enthusiasm for the industry’s future and our expanding role in helping our customers navigate easily through the process of closing a loan and beyond.”
Calyx Software’s dedication to keeping customers compliant is prompting the launch of Point® 7.4 on January 24. Point 7.4 includes the new Truth-in-Lending form required on January 30 as well as additional new and recently changed federal forms. Detailed product information can be found at www.calyxsoftware.com.
For specific airtimes, please visit http://www.21cbtv.com. Recorded segments are available for viewing at anytime at http://www.youtube.com/user/CalyxSoftware.
Calyx Software is the #1 provider of affordable mortgage solutions for banks, credit unions, mortgage bankers and brokers. A comprehensive system of record for lenders, PointCentral is a flexible platform that combines Point—an easy-to-use, complete LOS with electronic document management and back-end functionality such as underwriting and secondary marketing—with strong security, remote access and a robust business rules engine needed for workflow and compliance. Convenient interfaces with over 200 vendors providing PPE, closing documents, compliance services and more within the Calyx Network make end-to-end processing and reporting simple and accurate. Seamless integration with online 1003 applications using WebCaster keeps bi-directional information flowing for added efficiency. Calyx Software products are designed to help mortgage professionals close more loans quickly. Calyx Software recently acquired Loan-Score, Inc, which will provide clients with valuable banking functions including an automated underwriting system, product and pricing engine and the FHA TOTAL Scorecard interface. For more information, call (800) 362-2599 or visit www.calyxsoftware.com.