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Calyx Software Releases Point Version 5.4.


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. [R] Software today announced the release of Point[R] version 5.4. Version 5.4 includes many features that will make an impact on the day-to-day business of Point users. 5.4 includes increased Piggyback piggyback

1. A broker trading in his or her personal account after trading in the same security for a customer. The broker may believe the customer has access to privileged information that will cause the transaction to be profitable.

2.
 Loan functionality, a new loan status bar, added flexibility in reports, more comprehensive truth in lending disclosures and increased marketing functionality, in addition to Title Report and 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 ordering in Point.

* Piggyback Loans: A streamlined process to originate and track Piggyback Loans. The loans are linked so that with a change in either loan, that change will flow through to the other - but only if it needs to. Point "knows" which data needs to change and which should stay the same.

* Loan Status Bar: In Point 5.4, a new Loan Status Bar resides below the Shortcut (1) In Windows, a shortcut is an icon that points to a program or data file. Shortcuts can be placed on the desktop or stored in other folders, and double clicking a shortcut is the same as double clicking the original file.  Toolbar A row or column of on-screen buttons used to activate functions in the application. Many toolbars are customizable, letting you add and delete buttons as required. Toolbars may be fixed in position or may float, which means they can be dragged to a more convenient location in the  along the left hand side of the screen to so you can see a summary of your loan that updates dynamically as the user works the file.

* Added flexibility in Reports: Point 5.4 allows for view and permission options, paper size/orientation, and column width adjustment in Reports. Other Reporting changes include an option to either type in the field ID or select it from a dropdown menu, determine which fields are shown and which are hidden by checking or un-checking the radio buttons, and sort data or change column widths on the generated Report for better viewing and printing.

* Order Title Reports and Verifications of Employment (VOE n. 1. An inlet, bay, or creek; - so called in the Orkney and Shetland Islands. ) and Income (VOI VOI Voice Over Internet
VOI Volume of Interest (medical imaging)
VOI Venus Orbit Insertion (NASA)
VOI Value of Information (decision making)
VOI Value of Investment
) through the Services Menu: Title Reports, VOEs and VOIs can now be ordered the same way as Credit and Flood - with a few mouse clicks.

* More comprehensive Truth in Lending disclosure: Point 5.4's Truth in Lending screen can now process a wider variety of loan programs, like Interest Only Bi-Weekly, Interest Only Buydown, Option ARMs and Hybrid Option ARMs.

* Adding art work to marketing materials: Point 5.4 allows the import of a variety of file types, including jpegs, gifs, and bitmaps and Autofit, resizes an imported graphic to fit into the document.

* Popup Help: Pop-up help, which displays a description of the field when you rest the cursor over it, can be turned function on or off by clicking "select" or "deselect deselect
Verb

1. computing to cancel (a highlighted selection of data) on a computer screen

2. Brit politics (of a constituency organization) to refuse to select (an MP) for re-election

" in the utilities menu.

Please visit www.calyxsoftware.com/go/whatsnewinpoint for all the details.

About Calyx Software

Calyx Software is dedicated to helping mortgage brokers and direct lenders increase their profitability by providing reliable and affordable software that streamlines and optimizes all phases of the loan process--from loan marketing through closing. The Calyx[R] Point[R] Solution connects loan officers and processors to numerous lenders and service providers, using technology that allows all parties to exchange data easily. This seamless interaction, coupled with the robust features in the Point product line, increases efficiency and maximizes profitability by enabling more loans to close more quickly.
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. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Feb 1, 2007
Words:482
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