February 20, 2013
BJ Bounds
Your HMDA report for 2012 is due in 7 business days. Do you have all your data ready?
Point® makes it easy to product and submit your report but you need to have your loan data in the right place to ensure it exports accurately through the FHA interface found within your software.
Do you know have unmarried co-borrowers for the reporting period? If so, there are additional steps you may need to take. Visit our Knowledge Base article to find out for sure if you will be affected. If you find you have unmarried co-borrower files in your HMDA report, call our dedicated HMDA support line at 866-302-2599.
More information on HMDA and the FFIEC can be found on the FAQ page.
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Compliance, Product Info & Tips | Tagged: calyx point, Calyx Software, Compliance, federal compliance, HMDA, mortgage compliance, point, PointCentral | 
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Posted by BJ Bounds
February 6, 2013
BJ Bounds
It’s time to update your Point® software! Point 8.0 Service Pack 2 is now available for download at MyCalyx.com®.
SP2 has several compliance updates along with a updates and modifications to forms, interfaces and screens. Administrators should push this update to users as soon as possible.
Here are just a few of the highlights you’ll find in this software update:
- The Fees Worksheet block 2 has been updated with editable percentage or dollar amount fields and locked calculation fields that accurately reflect amount changes to the credit fields
- Several HUD forms have been updated with mandatory changes
- The Anti-Steering Disclosure has been updated to match the Good Faith Estimate
- The CLTV has been updated to properly reflect when a second mortgage amount is added
For additional details, visit the Release Notes or call our support team at 800-342-2599.
Account not current? Call your account management team today at 800-362-2599 to find out how our convenient monthly payment plan can simplify your budget and keep you in compliance.
Leave a Comment » | Product Updates | Tagged: Calyx Software, federal compliance, loan origination, loan processing, mortgage compliance, mortgage software, point, Support | Permalink
Posted by BJ Bounds
December 5, 2012
BJ Bounds
Today’s post is about a specific field that you need for ULDD reporting. We’ve received numerous questions about it and we’ve discovered it’s a simple answer and one that we thought everybody needed to know.
Point currently has a field called “Note Pay To” which is Field ID #641.2.This is the field that the ULDD pulls from. There is also a field for the actual funder (641.1) that is not used for the ULDD report.
So you do have the ability to enter and track both the Payee and the Funder if they are different. However, Fannie Mae does not request, nor require, both.
According to Fannie Mae, “the entity that is listed o the mortgage note (641.2), even if it conflicts with the actual funder of the loan, should be submitted at delivery.” The “Note Pay To” is the field Fannie Mae is looking for in their “Mortgage Funder” requirement.
If you have any other questions about the ULDD, you can visit our Knowledge Base for detailed articles and instructions, or call our helpful tech support team at 800-342-2599.
Leave a Comment » | Product Info & Tips | Tagged: calyx, calyx point, Calyx Software, federal compliance, point, PointCentral, ULDD | Permalink
Posted by BJ Bounds
October 11, 2012
BJ Bounds
Point® & PointCentral® are now available for immediate download via MyCalyx.com®.
With 8.0, you get all the connectivity you need for the upcoming Calyx Mobile Apps. You also get an extremely convenient and customizable Loan Pipeline View screen that shows you all your loans in one place. View and manage your loans from one screen grouped the way that works best for you!
If you use WebCaster®, you’ll love the latest feature in 8.0 that checks for new loan applications submitted through your website and automatically drops them into a data folder you designate! You also get 11 new options with our Advanced Search feature to help you find the loans you need—when you need them.
And 8.0 also includes updates to several forms you need for compliance.
- New Texas Mortgage Loan Disclosure
- New Flood Determination Disclosure
- Credit Information Disclosure
- ARM Disclosure
- MLDS Form 882
- Fees Worksheet Summary
- FHA Home Inspection (HUD-92564-CN)
- FHA Consumer Choice Notice Disclosure
- Fees Worksheet
- USDA Fee
- NMLS Call Report
Get 8.0 today and be ready for mobile apps in the next few weeks! Call 800-362-2599 to make sure your account is current and primed for 8.0.
MyCalyx admins for Point accounts are encouraged to push 8.0 to all users at once so that files in shared data folders will be visible to all in the pipeline view.
MyCalyx admins for PointCentral accounts must update the PointCentral server first and then push the new version of Point to every user.
Additional details can be found in the 8.0 Release Notes.
4 Comments | Uncategorized | Tagged: calyx, calyx point, Calyx Software, federal compliance, LOS, mobile app, mobile apps, mortgage solution, MyCalyx, point, PointCentral, WebCaster | Permalink
Posted by BJ Bounds
October 2, 2012
BJ Bounds
We’re launching Point® and PointCentral® on October 11! This release is one of our most exciting releases because it heralds the imminent arrival of Calyx Mobile™!
This release has all the functionality needed to work with the Mobile Apps when they become available in just a few more weeks! 8.0 also includes new and updated forms to help you with compliance.
In addition, you’ll see these cool new features:
- A new Loan Pipeline view gives you a central location to view and manage all of your loans with automatic and customizable settings
- Point can now check for new loan applications that have been submitted through WebCaster, notify you, and drop them automatically into a data folder of your choice
- The Advanced Search feature now has 11 additional options to help you easily find the loans you need
PointCentral users also have the ability to reconcile their PointCentral and MyCalyx® user accounts with the new Digital Key that will also track mobile users. You’ll always know what’s going on with your accounts—and your users!
Don’t miss Point and PointCentral 8.0 when they launch on October 11. Make sure your account is current or call 800-362-2599 to get the best solution for your business.
Leave a Comment » | Product Updates | Tagged: calyx point, Calyx Software, federal compliance, mobile app, mortgage compliance, mortgage software, mortgage solution, point, PointCentral | Permalink
Posted by BJ Bounds
September 11, 2012
BJ Bounds
As we exit the waning summer months and enter the final months of 2012, we are going to be busy here at Calyx and we have some exciting product news to tell you about.
Starting in October, we’re introducing our latest Point® and PointCentral® versions 8.0. 8.0 has some great features for convenience along with quite a few forms updates that you’ll want to have to stay compliant. Also included in 8.0 is the functionality needed for our next introduction, Mobile Apps.
The Calyx Mobile Apps are scheduled to launch in early November. We know a lot of you have been anxiously awaiting this introduction so you will be thrilled to know it’s almost here! The mobile apps are designed for both the iPhone and Android.
Following on the heels of the mobile apps, we’re going to launch Beta testing of our new cloud-based LOS, Path™. Path offers a combination of event-based / workflow architecture and notification system to help you manage both production and risk.
If you want to be the first to learn about new or upcoming products and events, sign up for email notification. You can opt out of all or selected notifications at any time.
Leave a Comment » | Product Updates | Tagged: calyx point, Calyx Software, federal compliance, mortgage compliance, mortgage software, MyCalyx, point, PointCentral | Permalink
Posted by BJ Bounds
September 6, 2012
BJ Bounds
Being able to submit your appraisals electronically to Fannie and Freddie is such a tremendous benefit to being current with your Point software. The Uniform Collateral Data Portal (UCDP) functionality can be found in your borrower file under Interfaces.
But if you want to increase the convenience factor, you’ll want to set up your preferences ahead of time so you’re not re-entering data on every appraisal you submit. It’s quick and easy.
All you need to do is make sure you have your UCDP login by calling 800-917-9291 or visiting www.veros.com/ucdp.aspx. Then just open Point and complete the following steps:
- From the menu bar, select Utilities > Uniform Collateral Data Portal Setup…
- From the Uniform Collateral Data Portal dialog box, enter your Fannie Mae or Freddie Mac Seller number.
- Enter the Business Unit #, User ID, and Password.
- Click OK.
If you need help getting your appraisals submitting through the portal, you can follow the detailed instructions found on Knowledge Base article #792.
If you have questions related to this update or any other technical issues, please contact our support team at 800-342-2599 or visit Calyx Support for additional information.
Leave a Comment » | Compliance, Product Info & Tips | Tagged: calyx point, Calyx Software, Compliance, federal compliance, point, Point 7.6, Support, UCDP | Permalink
Posted by BJ Bounds
August 29, 2012
BJ Bounds
We’ve talked before about how surprised we are to find that other LOS companies actually charge users for ULDD functionality. We certainly do not charge extra for features in our software that you need for compliance. We also don’t limit the number of users that can call in for support. We believe that if you need help, we’re here to provide it.
But most of you already know that, or you wouldn’t be reading this blog.
Our goal is to provide you with the software you need to get your job done right and support you in any way we can to help you.
We also know that there will be times you need help and we’re not open to give you the personalized service you might hope for. For times like those, we keep the Knowledge Base open and updated 24 hours a day.
We have an entire section of our Knowledge Base devoted to issues related to ULDD. You will find that many of the messages you receive point to just one small piece of missing information that you can easily find and correct.
If you can’t find your particular message on the Knowledge Base, you can send an email to our support team at support@calyxsoftware.com at your convenience or call them at 800-342-2599 during business hours.
Leave a Comment » | Product Info & Tips | Tagged: calyx point, Calyx Software, Compliance, federal compliance, mortgage software, point, PointCentral, ULDD | Permalink
Posted by BJ Bounds
August 28, 2012
BJ Bounds
Updated NMLS Call Reports are available for download via Calyx Support. The updated reports contain new fields added to the spreadsheet to record other type of loan data.
For instructions on how to download the new reports, visit our Knowledge Base for details on updating Point or PointCentral.
If you have questions related to this update or any other technical issues, please contact our support team at 800-342-2599 or visit Calyx Support for additional information.
Leave a Comment » | Product Info & Tips, Product Updates | Tagged: call reports, calyx point, Calyx Software, federal compliance, NLMS, NLMS Call Reports, point, PointCentral | Permalink
Posted by BJ Bounds
July 24, 2012
BJ Bounds
Do you start in the same place within a loan file for each and every borrower? Most of us have a system in place but even the best laid plans go awry and you certainly want the tools you have to work for you, not against you.
That’s why Point gives you the flexibility to define your own workflow. We know that you may not always start with the first screen on an application. Sometimes the data comes to you in a different order.
But if a field within Point auto-populates into other screens, it doesn’t matter where you enter it first, it will synch where it’s supposed to. Not all systems are like that.
At Calyx, we give you the tools to define and enforce your own workflow, without the complexity and rigidity of other systems. In today’s fast-paced environment, you want your technology to fit you, not the other way around.
Check out the latest Calyx products or visit our online training schedule to learn what your Calyx software can do for you.
Leave a Comment » | Product Info & Tips | Tagged: calyx, calyx point, Calyx Software, Compliance, federal compliance, loan processing, LOS, mortgage software, Point 7.6, PointCentral | Permalink
Posted by BJ Bounds
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