Skip to main content

Radian Guaranty Expands Eastern Sales Force

National Mortgage Professional
Aug 28, 2008

Calyx software implements new FHA loan document s in Point 6.2MortgagePress.comloan origination, processing software, FHA, underwriting Calyx Software, a provider of loan origination and processing software, announced the release of Point version 6.2. The latest version of the Point application is fully compliant with recent FHA changes that include the new forms required for all FHA loans beginning October 1, 2008. Point 6.2 features the new FHA Loan Underwriting and Transmittal Summary form as well as the FHA HUD/VA 92900 addendum form. The FHA Loan Underwriting and Transmittal Summary form replaces both the FHA Mortgage Credit Analysis Worksheet Purchase Money Mortgages (MCAW) (HUD-92900-PUR) and FHA Mortgage Credit Analysis Worksheet (HUD-92900-WS). The FHA HUD/VA 92900 Addendum has also been updated with mandatory changes including signature lines for co-borrowers and new required verbiage. The new forms enable Point users to process an FHA loan more efficiently through Point. Users can easily print and send documents directly to the lender in a timely fashion. Point 6.2 also includes newly updated California Mortgage Loan Disclosure Statement for Traditional and Non-Traditional loans that was approved by the California DRE on August 15. The latest version also marks the return of the one-page legal sized Good Faith Estimate. The summary section at the bottom of the form has been enhanced. All charges are now aligned on the left and all credits on the right, making it easier for borrowers to understand the terms and closing costs associated with their loan. "Our goal is to ensure that Point consistently remains the product of choice in the mortgage industry," said Dennis Boggs, senior vice president of Calyx Software. "The addition of the updated FHA regulatory documents to version 6.2 keeps Calyx Software in the leading role of providing easy-to-use loan origination software for FHA loan originators." For more information, call (800) 362-2599 or visit the company's Web site at www.calyxsoftware.com.
Published
Aug 28, 2008
loanDepot And mellohome Introduce Home Services Bundle

loanDepot, Inc. and its sister company mellohome are launching a proprietary bundle of home buying and selling services.

Industry News
Jul 30, 2021
Gateway Mortgage Surpasses 165 Mortgage Centers With 10 New Additions

Gateway Mortgage reported significant growth in the company, prompting it to open 10 new locations across Colorado, Idaho, Oklahoma, Texas, Oregon, and Wyoming.

Industry News
Jul 30, 2021
FHFA Requires 30-Day Notice Prior To Eviction

Wednesday, the Federal Housing Finance Agency (FHFA) announced that tenants of multi-family properties must be given 30 days notice to vacate before the tenant is required to leave the premise.

Industry News
Jul 29, 2021
Houston-Based Stewart Acquires Title First Agency

Ohio-Based Agency Has 20 Offices And Operates in 32 States

Industry News
Jul 28, 2021
Planet Home Lending Reports Total Origination Volume Of $6.8B In Q2 2021

Planet Home Lending's total origination volume reached $6.8 billion in Q2 2021, up 77% from $3.9 billion in Q2 2020.

Industry News
Jul 22, 2021
FHFA Ends Controversial Refinance Fee

The FHFA announced that Fannie Mae and Freddie Mac will eliminate the Adverse Market Refinance Fee for loan deliveries, starting August 1, 2021.

Analysis and Data
Jul 19, 2021