January 13, 2014
As compliance and regulatory requirements top everyone’s 2014 list of action items, Calyx has released Point® 9.0 SP2 to help your company work smarter and more efficiently. Our new Point 9.0 SP2 is now available to your MyCalyx Administrator. Point 9.0 SP2 highlights include:
- Added a Homeownership Counseling Disclosure feature to help you comply with new HOEPA rules for Disclosure and Management of Home Ownership Counseling
- Updated the following forms: 4506, 4506 T, W-9 and added the Social Security Number Verification screen used to complete the SSA-89 form
- Added the QM Finding and the QM Date and Time fields to the Borrower Information screen
- Changed the MI Factor field label on the Banker > Fees & Impounds screen to PMI/MIP/VA/USDA
Point 9.0 SP2 offers more features, functionality and updates to screens, forms and calculations to help you process loans quicker and more accurately while staying compliant (see release notes).
If you have questions please call our Customer Suppo
rt Group at 800.342.2599 Monday-Friday 8:00 a.m. to 6:00 p.m. CST or email firstname.lastname@example.org.
December 4, 2013
Calyx Software has over 200 vendors available in Point. Today we announce the addition of two new vendors – AVANTUS IRS Direct and RexHub-Real Estate Exchange Hub.
AVANTUS IRS Direct offers IRS transcripts with e-signature capability which automates the entire 4506-T process directly from Point. AVANTUS IRS Direct allows you to verify up to four years of previous income and receive your tax transcripts in 24 to 48 hours. They can be located in Point at Services > Verifications > AVANTUS IRS Direct.
RexHub-Real Estate Exchange Hub is a software solutions provider for real estate appraisal management. RexHub-Real Estate Exchange Hub was created by compiling feedback from industry players to determine what the industry desired and needed. They can be located in Point at Interfaces > Appraisals > RexHub Real Estate Exchange Web.
Take a moment to explore the newest vendors in Point!
October 3, 2013
Moving forward with Qualified Mortgage (QM) compliance preparation, Calyx is getting you ready for 2014 with screen and calculation updates required for QM compliance.
• “Comparable Par Rate” field has been added to the Fees Worksheet
• “Affiliate” has been added as an option to the “Paid to” dropdown list
Additional updates to screens and calculations have been included in this service pack to make processing loans more efficient and accurate.
• Fees Worksheet
• Good Faith Estimate
• Loan Application
• HUD 1
If you have questions please call our Customer Support Group at 800-342-2599 Monday – Friday 8am – 6pm or email email@example.com.
September 24, 2013
We’re here to help.
Calyx is proud to offer free technical support to all of our current customers. We don’t limit support to particular accounts or even to the number of users that can call from each account. Free is free to all users of current accounts. This applies to phone support, emails, online message boards, even our social media pages. Support for our products is available at 800-342-2599 beginning at 8am through 7pm Central (depending on the product). Emails sent to firstname.lastname@example.org are answered during business hours as well.
But if technical support isn’t quite enough—for instance maybe you’re upgrading to PointCentral or Path and need additional help getting set up beyond the typical installation, or maybe you have a whole new team you want to bring up to speed at the same time— we have experts who can help.
Our team of professional consultants have years of industry experience and in-depth knowledge of our software. They can help you get set up and running smoothly in no time. Whether you need personal online support or an in-house consultation, you can get what you need from Calyx Professional Services. Just call 800-362-2599 to get your customized program started.
In the meantime, you and all of your users can participate in our many scheduled online training sessions designed to make you a super-user of our software and get efficient—fast! Take as many classes as you need—as many times as you want. Our online training sessions are also free to all users of current accounts. Just visit our Schedule and sign up for the next available class! You can also check out our Knowledge Base for helpful tips and tricks.
We appreciate our users and want to make sure you feel confident that your software is helping your loan processes run smoothly and efficiently. Let us help.
September 19, 2013
If you’re on Point 9.0, you’re getting there. With the new “QM button” you can run a QM determination on your loans in seconds.
With that determination, you will instantly know the QM type and the liability protection level based on the available loan data. You also get Points & Fees assessments with all fees detailed and explained as well as the QM Qual Rate. And perhaps the best part? You get comprehensive evidence of compliance with every report you run—and you’ll want to run a report at each stage of the loan process.
If you know now if you’re producing QM loans, the January 10th deadline will be just another day for you. Get your business in shape before the end of the year and you’ll be ahead of your competition.
If you need to update your Point loan origination software to Version 9.0, call your account manager today at 800-362-2599.
August 27, 2013
As the summer winds down and the kids are back in school, we expect a typical reduction in business, right? Well, you wouldn’t know it by our schedule!
September is one of our busiest show months. We’re working hard to hit a lot of shows from coast to coast so we can meet as many of you as possible. This is a great opportunity for us to get some face-time with our current and future clients so we can hear your concerns and feedback. Plus we love to talk about what we’re doing and what’s coming out next!
We hope you’re planning to take advantage of our industry’s down-time to recharge and re-educate at any number of industry events happening in September. If you do, please stop by and visit. You can see where we’re going to be in tomorrow’s newsletter or on our Events page.
If you’re not receiving our newsletter, you can sign up to receive it here. Or if you’d like to receive even more Calyx news and announcements—such as product releases and updates— you can sign up here
I’ll remind you again later this week but just in case you didn’t know, we’re going to be closed on Monday for Labor Day!
Enjoy the rest of your week!
August 22, 2013
Since we released Point 9.0, we have fielded questions from many of you regarding the separate TIL forms for each borrower and we wanted to explain the reasoning behind the change. We have done this for compliance regarding the e-Signature—which is coming soon.
With ink signatures, the signatures of each borrower are distinguishable. However, with e-Signature, the signatures of Borrower and Co borrower are ‘not’ distinguishable. Because of possible legal implications stemming from one borrower signing for co-borrowers without their knowledge or consent, Calyx has taken steps to ensure compliance through your software.
So, with the 9.0 release, we have designed Point to require a separate form to each borrower’s individual email address. Each borrower will receive a separate email with a TIL form that requires their signature—either ink or electronic.
If you have any questions about this feature of Point or any others, you can visit our Knowledge Base or call our support team at 800-342-2599 Monday-Friday 8am-7pm Central or email email@example.com.