Calyx Software Upgraded for New Compliance
Dallas-based Calyx Software released the updated version of its mortgage software platform, with upgrades to help lenders meet new government guidelines. Point 7.1 addresses two new federal requirements to keep lenders in compliance with truth-in-lending requirements, as well as new state requirements stemming from the Secure and Fair Enforcement (SAFE) act. “The 7.1 upgrade is necessary primarily because of the latest federal requirements but the bonus forms and improved functionality really contribute to its appeal,” said Doug Chang, president of Calyx Software, in a statement. “We always look for ways to provide Calyx customers with affordable tools that will keep them productive and compliant,” he added. Write to Austin Kilgore.