Advertisement
Mortgage Training Institute offers unlimited online training
American Brokers Conduit partners with Calyx SoftwareMortgagePress.comMortgage origination software
American Brokers Conduit (ABC), the wholesale division of
American Home Mortgage Investment Corporation, and Calyx Software,
makers of the award-winning Calyx Point loan origination and
processing system, have announced an agreement to provide mortgage
brokers with direct access to ABC through the Lenders in Point
software application. This will allow users to exchange loan data
quickly and easily, as well as benefit from the advantages of
conducting seamless transactions from their desktop. The Lenders in
Point connection was available as of Jan. 6, 2006.
Lisa Schreiber, executive vice president of wholesale at
American Brokers Conduit, explained, "A significant number of
mortgage brokers choose to utilize Calyx Point as their primary
loan origination system. American Brokers Conduit is committed to
offering our mortgage broker partners the tools and resources they
need to meet customers' needs and to assist them in building a more
profitable and efficient business. Calyx's Lenders in Point will
allow our mortgage broker partners to price, lock and close loans
faster and easier than ever before."
With Lenders in Point, users can process direct transactions
with ABC, without ever leaving the Point application. Developed by
mortgage professionals, Point provides a single location from which
mortgage-based information is exchanged directly with the
lender.
According to Dennis Boggs, senior vice president of business
development at Calyx Software, "We're excited to have ABC as a new
Lender in Point. With our new 3.0 platform, ABC can offer features
to brokers as they're ready to roll them out. They can read data
for Point files to start with and return data and documents back to
their brokers when they're ready, without the broker needing new
software. The platform simply allows it. We'll be working closely
with ABC to add even more functions for their brokers in the future
releases of Lenders in Point."
Brokers will have access to ABC's Web site and be able to review
the company's comprehensive portfolio of products and services,
specify loan parameters and receive vital ABC information—all
with the click of a button. Eliminating the need to fax
applications and materials, the Lenders in Point connection will
allow ABC's brokers to receive loan decisions and supporting
documents in minutes.
"Providing ABC's mortgage broker partners with this innovative
application expands ABC's services, which we are committed to
enhancing on an ongoing basis. ABC understands that speed and
efficiency in the loan process are crucial to a mortgage broker's
success, and we are confident that our Lenders in Point partnership
with Calyx Software will make available another important tool to
help our mortgage broker partners build their business," added
Schreiber.
For more information, visit www.abconduit.com.
About the author