Calyx Software Integrates Product and Pricing Engine Providers Into Point.Allows Mortgage Bankers Mortgage Banker A company, individual or institution that originates, sells and services mortgage loans. Notes: Don't confuse a mortgage banker with a mortgage broker. , Brokers to Source, Price, Lock Loans from One Location SAN JOSE San Jose, city, United States San Jose (sănəzā`, săn hōzā`), city (1990 pop. 782,248), seat of Santa Clara co., W central Calif.; founded 1777, inc. 1850. , Calif. -- Calyx calyx (kā`lĭks): see sepal. Software([R]), the mortgage industry's leading provider of loan marketing, originating and processing software, announced the addition of a product and pricing engine category to the Calyx Network, connecting users of Calyx Point([R]) loan origination The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. software to participating product and pricing engine (PPE PPE (Brit) n abbr (Univ) (= philosophy, politics, and economics) → Studiengang bestehend aus Philosophie, Politologie und Volkswirtschaft PPE n abbr (BRIT ) (SCOL ) vendors. The new category is accessed within Calyx Point's interfaces menu and includes six new companies offering PPE services. The product and pricing engine category allows mortgage brokers and bankers to request a product and pricing decision from their preferred lenders and investors without leaving the loan file in Point. By directly accessing borrower credit information and utilizing the credit analysis tools provided by PPE vendors within the Calyx Network, brokers can review multiple credit scenarios to accurately determine a borrower's eligibility. The pricing information then allows brokers to decide the best product to offer a borrower. The new category currently includes six companies specializing in product and pricing engines: Ft. Lauderdale, Fla.-based Broker Buddy; New York-based eStyle Software; Atlanta-based Lender Flex A development system for Flash-based applications from Adobe. Introduced in 2004 as a J2EE application, Flex compiles ActionScript code and XML-based user interface descriptions (MXML) into binary Flash files (SWF files). ; Little Chute chute 1. a device used to restrain large animals especially cattle and horses. It is a small stall into which the animal is encouraged to walk. The head is fixed, in cattle by a head bail, the back is closed and the animal can then be examined or treated. , Wis adv. 1. Certainly; really; indeed. v. t. 1. To think; to suppose; to imagine; - used chiefly in the first person sing. present tense, I wis. See the Note under Ywis. .-based Loan Sifter; Mt. Arlington, N.J.-based NYLX; and Plano, Texas-based Optimal Blue. "The addition of the product and pricing engine category and new service providers within Point gives brokers access to instant and accurate credit analysis and pricing results," said Dennis Boggs, senior vice president of Calyx Software. "This integration is essential for loan officers to efficiently find the best value for their customers." About Calyx Software Calyx Software([R]) is dedicated to helping mortgage brokers, mortgage bankers, and direct lenders increase their profitability by providing reliable and affordable software that streamlines and optimizes all phases of the loan process. The Calyx Network connects loan officers and processors to over 300 lenders and service providers, using technology that allows all parties to exchange data easily. This seamless interaction, coupled with the robust features in the Calyx Point([R])solution product line, increases efficiency and maximizes profitability by enabling more loans to close quickly. For more information, call (800) 362-2599 or visit the company's Web site at www.calyxsoftware.com. |
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