Origination/Lending

Calyx Updates Point LOS

By: PAUL JACKSON
May 7, 2008

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Calyx Software said earlier this week that it had released a version update to its Point and Point Data Server loan origination system platforms. The latest version of the Point application includes a new loan status checklist that enables users to manage their workflow, according to a press statement. Initial disclosure, closing documents and hazard insurance categories have also been integrated into the Calyx Network.

The new version of Point, version 6.1, allows users to track the current status of a loan and manage their daily workflow by accessing a loan checklist viewable on every screen in Point, displaying the status of all incoming and outgoing loan documents. The banker screens in 6.1 have also been reorganized to support user’s daily workflow more effectively and new fields have been added for clarity in documentation tracking and reporting, the company said. Point marketing tools have been expanded, enabling users to more easily create personalized letters, newsletters, promotional e-mails and mailing labels from within the LOS.

Additionally, initial disclosures, closing documents and hazard insurance categories have been directly embedded into the updated platform. Working within Point, users can now order all needed forms from a document provider, and can easily print and send disclosures directly to the borrower.

Point Data Server software centralized group management of the Point LOS platform, and the version upgrade includes a new automatic file synchronization capability, ensuring that loan files reside on the central server rather than on an individual’s computer. The feature enables business owners to keep loan data in sync throughout their organization, Calyx official said.

For more information, visit http://www.calyxsoftware.com.


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