LOS Integrates Flood Certification Providers
By James Comtois
Calyx Software, a provider of loan marketing, originating and processing
software for the mortgage industry, is now offering a flood certification category in its network, connecting Point
loan origination software users with participating flood certification vendors.
"We are always working to improve the Calyx Network with
additional categories and service providers," said Keith Kemph, national sales manager, interfaces. "Our
flood category provides Calyx Point users with another user-friendly feature and function that helps them streamline
the origination process and close loans more efficiently."
The category in Calyx Point currently includes seven companies
specializing in flood certification reports: Loveland, Colo.-based Factual Data; Sacramento, Calif.-based First
American; Columbus, Ohio-based CBCInnovis; Tucson, Ariz.-based First Magnus Lender Services; Arlington, Texas-based
FIS Flood Services; Atlanta-based LandAmerica Lender Services; and Plano, Texas-based LandSafe.
According to Calyx Software, a loan officer can order reports
directly from the flood certification category under the services menu through Point and automatically incorporate
the borrower data from the loan file into the flood certification request screen, thus eliminating the need for
re-keying information.
The only information entered by the loan officer is the specific
flood requirements. Once the loan officer is ready to submit the loan file, the flood certification report is automatically
included.
This enhancement to Calyx Point's offerings is one of many that
the San Jose, Calif.-based LOS provider has made in the past several months. Earlier this year, Title Source Inc.,
one of the nation's largest independent title agencies, integrated into Point to make it faster and easier for
mortgage professionals to submit orders to the title and settlement services company. Also in January, 12 mortgage
service providers were added to the Calyx Network. Back in September 2007, Calyx integrated automated valuation
module providers into Point.
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