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Calyx Software Now Offers Automated Verification of Employment and Income.


Includes Direct Access to The Work Number

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 a verification of employment The introduction to this article provides insufficient context for those unfamiliar with the subject matter.
Please help [ improve the introduction] to meet Wikipedia's layout standards. You can discuss the issue on the talk page.
 and income (VOE/VOI) category within 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 employment and income verification vendors.

The addition of the VOE/VOI category allows mortgage brokers and bankers to request up-to-date, fraud-proof verifications of employment and income without leaving the loan file in Point. By accessing the services menu The Services menu (or simply Services) is a user interface element in a computer operating system. The services are programs that accept input from the user selection, process it, and optionally put the result back in the clipboard.  within Point, brokers can directly request verification of a borrower's employment and income from The Work Number([R]), a division of St. Louis-based TALX, a leading provider of automated au·to·mate  
v. au·to·mat·ed, au·to·mat·ing, au·to·mates

v.tr.
1. To convert to automatic operation: automate a factory.

2.
 employment and income verification. The Work Number is used by more than 50,000 different verifiers including several major mortgage lenders.

"One of the biggest challenges in the loan closing process is managing the steps to request and receive income or employment verification," said Dennis Boggs, senior vice president of Calyx Software. "Integrating The Work Number within the Calyx Network instantly connects brokers to this information, further speeding the loan process."

About Calyx Software

Calyx Software([R]) is dedicated to helping mortgage brokers, 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.
, 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.
COPYRIGHT 2007 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2007, Gale Group. All rights reserved.

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Publication:Business Wire
Date:Nov 27, 2007
Words:293
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