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Calyx adds 20 mortgage service providers to network.


Calyx calyx (kā`lĭks): see sepal.  Software, San Jose, California San Jose (IPA: /ˌsænhoʊˈzeɪ/) is the third-largest city in California, and the tenth-largest in the United States. It is the county seat of Santa Clara County. , announced it has expanded the Calyx Network with a new network interface update.

The November Calyx Network Interface update contains connections to 20 mortgage service providers, and includes the first commercial lender, Silver Hill Financial LLC (Logical Link Control) See "LANs" under data link protocol.

LLC - Logical Link Control
, Miami.

The Calyx Network allows users of Calyx Software's Point loan origination software to connect directly with lenders and mortgage service providers, automating data exchange and streamlining the loan origination process.

Updates are automatically installed into Calyx Point and new providers are added to the application on a bimonthly bi·month·ly  
adj.
1. Happening every two months.

2. Happening twice a month; semimonthly.

adv.
1. Once every two months.

2. Twice a month; semimonthly.

n. pl.
 basis. The Calyx Network Interface update is automatically installed into Point versions 5.2 and higher as users open their software and connect to the Internet, Calyx explained.

The mortgage service providers that joined The Calyx Network include Resource Real Estate Services LLC, Owings Mills, Maryland Owings Mills is an unincorporated community and a census-designated place in Baltimore County, Maryland, United States. The population was 20,193 at the 2000 census. Owings Mills is home to the northern terminus for the Baltimore Metro Subway and to Owings Mills Mall. ; Title One Inc., Livonia, Michigan; Alamo Title, San Antonio, Texas “San Antonio” redirects here. For other uses, see San Antonio (disambiguation).
San Antonio is the second most populous city in Texas, the third most populous metropolitan area in Texas, and is the seventh most populous city in the United States. As of the 2006 U.S.
; Fidelity National Title, Jacksonville, Florida; Gateway Title Company, Burbank, California; and Pitch-Point Solutions, Toronto, Ontario.

In October, Calyx Software said, 13.4 million business transactions were processed on more than 10 million loan files over The Calyx Network during the first nine months of 2007. The transactions stemmed from more than 23 million exchanges between users of Calyx Point and the more than 300 participating lenders and service providers, according to the company.
COPYRIGHT 2007 Mortgage Bankers Association of America
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2007 Gale, Cengage Learning. All rights reserved.

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Title Annotation:TechNewz
Comment:Calyx adds 20 mortgage service providers to network.(TechNewz)
Publication:Mortgage Banking
Article Type:Brief article
Date:Dec 1, 2007
Words:219
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