Point 7.4 SP2 is Here!

BJ Bounds

Just in time for the April 1 implementation of the Loan Originator Compensation and Anti- Steering interim rule, Point 7.4 SP2 is now available via MyCalyx.

Along with the newly required Anti-Steering disclosure, this Service Pack includes other compliance changes and enhancements for better functionality.  Additionally, we’ve made improvements to other screens and forms that will make Point work better for you.

  • New screens and print forms to meet the Safe Harbor notice requirements for the April 1 implementation of the Loan Originator Compensation and Anti Steering interim rule.
  • Compliance Screens Updates
  • FHA 203(k)
  • Fees Worksheet
  • TIL
  • Privacy Disclosure
  • Print Forms Updates
  • IRS forms W-9, 4506, & 4506-T
  • VA Addendum 92900A printed
  • MLDS 882 & 883
  • Florida Fees Disclosures

MyCalyx administrators:   Please push the download to your users as soon as possible.

PointCentral Administrators should install the PointCentral 7.3 Server Update before Point 7.4 SP2.

You can find more details on SP2 in the Release Notes on our Support Site.

If your account is not current and you need to ensure your compliance with these latest Federal requirements, call your account representative today at 800-362-2599.

2 Responses to Point 7.4 SP2 is Here!

  1. bob kamm says:

    the CA form 882 MLDS is not correct in displaying that the Origination Fee paid to the broker by the lender, this needs to be displayed in the broker column and not in the Paid to others column,

    • CalyxCorner says:

      Hi Bob. I asked our compliance specialist about your post and he checked with the DRE to make sure we were populating the form correctly. According to the DRE, all loan originator compensation is documented in the ‘Compensation to Broker’ section at the bottom of page 1 of the form, and should not be documented as a fee in the upper section of the form.

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