Three Servicers Join Calyx Network
Calyx Software, a provider of loan marketing, originating and processing software, expanded its network interface by adding three new companies. The Calyx Network enables its program Point to connect users to mortgage service providers. With the addition of ValuFinders, NexGen Compliance Solutions and MDA Lending Solutions, users can access a streamlined loan origination process that automatically exchanges report and status data between potential borrowers and lenders. MDA Lending Services, based in Delaware, provides credit reports to the mortgage industry. ValuFinders is a California-based appraisal firm, and NexGen, based in Rhode Island, provides title and escrow software. The network streamlines a complex loan origination process. Application and disclosure forms can be efficiently completed for users, and loan officers can transfer data to the partner of their choice. New mortgage service providers are updated twice monthly. Write to Jon Prior.