Calyx Software releases Point and Point Central Version 7.0MoprtgagePress.comCalyx Software, Point, Point Central Version 7.0, FHA statutory worksheet, Dennis Boggs
Calyx Software, a provider of loan marketing, originating,
processing and banking software, announced at the MBA Tech
Conference the release of Point and Point Central versions 7.0.
Point version 7.0 provides a number of new capabilities to
improve workflow and increase loan productivity--including central
document image storage capabilities for e-loan purposes as well as
enhancements to banking screens, title and escrow interfaces and
the addition of a new FHA statutory worksheet.
Due to the increased use of e-loans and e-docs, Calyx has
integrated a document image storage feature for organizing and
storing all of the documents in each Point file. Point
automatically encrypts, compresses and associates each document
with the loan file, regardless of whether the document is single or
one of a group, from within Point or one of its interfaces, or from
outside of Point. Externally-generated documents can be scanned and
imported, or dragged and dropped, into the Point file, while
maintaining an audit trail for each document that shows who created
it, what it contains, and the date and time it was created. With
its enhanced security, Doc Storage formats email documents into PDF
files using 128-bit encryption and individually set passwords for
each document in the storage file.
Another significant change Point 7.0 offers enhancements to the
banker screens. Users can use Point as a single system of record,
from origination through product pricing, registration and rate
lock, underwriting, and eventually to closing and sale on the
secondary market. The banker screens in 7.0 support user's daily
workflow more effectively and there is increased clarity in
documentation tracking and reporting.
Additionally, title and escrow interfaces have been directly
embedded into Point 7.0. Working within Point, users can now order
all needed forms from a document provider. Calyx Point 7.0 also
includes a worksheet enabling brokers and lenders to perform
statutory required calculations and document them in the loan
origination file, in order to comply with FHA requirements. The new
worksheet saves hours of repetitive data entry, as information
flows from screen to screen, while ensuring that the loan is in
compliance throughout the Point file.
"We are excited for the new changes made in version 7.0,
especially regarding the additional enhancements made to Point
banker screens that satisfy a wider range of business requirements
for bankers as well as brokers," said Dennis Boggs, senior vice
president of Calyx Software. "The latest updates benefit users by
providing pertinent information directly that is needed throughout
the loan process, while also allowing them to remain in Point and
further save valuable time."
PointCentral provides all the benefits and functionality of the
Point program; but also allows remote users to access all loan
documentation via a secured Internet connection and gives customers
the ability to apply field-level rules and conditions for quality
and compliance purposes. PointCentral's flexible technology is
ideal for the broker, bank, credit union as well as the mortgage
banker.
The solution also has a very affordable pricing structure to
make it easy for customers to either purchase new or upgrade from
their existing Point subscriptions. Users can choose to manage
their PointCentral software on their own server or take advantage
of one of our third party hosting providers for a low monthly
service charge.
"Our goal is to ensure that Point and PointCentral consistently
remain the products of choice in the mortgage industry," said
Boggs. "The newest versions also ensure users are in compliance,
allowing them to focus on effectively and efficiently close
loans."
For more information, visit www.calyxsoftware.com.
