DALLAS, TX--(Marketwired - Nov 4, 2013) - Calyx Software, the nation's leading provider of loan origination software, today announced it now offers government-required regulatory mortgage compliance reports through a new product -- Calyx Verifyde.
Calyx Verifyde reports will help aid banks, credit unions, mortgage bankers and mortgage brokers with a one-stop solution to adhere to reporting regulations at both the state and federal levels.
"Calyx Software has always provided high product value at an affordable cost and Verifyde continues that tradition," Dennis Boggs, executive vice president of business development at Calyx Software, explained. "We wanted to keep Verifyde simple, so we created bundles to match each business type, with the specific state and federal reporting needs to match. No need to shop a-la-carte."
Initial regulations supported include the Home Mortgage Disclosure Act (HMDA), HMDA Plus requirements of the Office of the Comptroller of the Currency, NMLS Mortgage Call Report, North Carolina Mortgage Lending Act data uploads, South Carolina Mortgage Log System, RegulatorConnect™ Licensee Examination File™, California Form RE 881 for brokers, Nevada Monthly Activity Report and New Hampshire Form 397-A-AR.
"We will continue to develop new reports as compliance circumstances dictate," Boggs continued. "Our initial offerings will provide customers a complete compliance reporting solution."
About Calyx Software
Calyx Software is the #1 provider of mortgage solutions for banks, credit unions, mortgage bankers and brokers. Beginning with customizable websites that offer online mortgage applications with eDisclosures and document request/retrieval, Calyx offers products that enable smooth bi-directional flow of data from start to finish. Our solid yet flexible LOS delivers smart technology with electronic document management, back-end functionality such as underwriting and secondary marketing, strong security, remote access, on-the-go productivity available with optional mobile apps and a configurable business rules engine needed for workflow and compliance. Convenient interfaces with over 200 vendors providing PPE, closing documents, compliance services and more make end-to-end processing and reporting simple and accurate. Lenders can take advantage of Calyx's fully integrated automated underwriting and pricing products that determine loan eligibility and pricing against investor or FHA guidelines. Complimentary support and online training are included with all Calyx products. For more information, call (800) 362-2599 or visit www.calyxsoftware.com.
Contact Information:
Contact:
Marketing Communications
Jack Holliday
+1 214.252.5656