2009-11-10 14:01:01 -

Calyx Point ® 7.1, launched in August, 2009, includes the new GFE form, required for all loans beginning January 1, 2010, and is available to all current customers. In addition to providing the form early so that customers have an adequate adjustment period, Calyx also offers on-going training classes to help customers understand the form and how to use it.

“Because of the overwhelming response to our original GFE class schedule, we’ve scheduled more classes and will continue doing so as demand increases,” said Dee Dick, training manager at Calyx Software. “This is our way of offering a solution to a very confused industry, and our customers know they can trust us to make sure they’re completely compliant.”


The classes

provide instruction on the purpose of the form and how information flows between the current GFE and the new one. During the GFE 2010 training, Calyx instructors will thoroughly explain each step of the process while students complete a disclosure in their own Point files. “We had so many questions and when we originally reviewed the new GFE, we were quite scared. After today’s training we are confident that we will be able to complete this properly,” said Laura Tosca with the MVP Mortgage Company in Miami.


In more compliance news, Point 7.2, which is launching this month, will include the new 1003 and 1008 forms that are also required in 2010.


Customers interested in learning about the new GFE can visit www.calyxsoftware.com/training/schedule.asp : cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww .. for more information and scheduling.


Calyx Software, the #1 provider of mortgage solutions for banks, credit unions, mortgage bankers and brokers, is dedicated to offering reliable and affordable software that streamlines, integrates and optimizes all phases of the loan process. Point, the preferred application for mortgage brokers and bankers, offers advanced technology with functionality and simplicity that makes loan processing fast and easy. PointCentral enables a secure, efficient workflow with centralized storage and remote access. Using Calyx Network, loan officers can connect automatically with over 200 vendors and service providers with high-speed, seamless interaction. With Point SDK companies can easily integrate their current customer relationship management system, sales tools, lead generation software or any other back office systems with Calyx Point. All Calyx products are designed to maximize profitability by enabling more loans to close quickly. For more information, call (800) 362-2599 or visit www.calyxsoftware.com : cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww .. .


Calyx SoftwareBJ Bounds, 214-252-5617 bj_bounds@calxysoftware.com : mailto:bj_bounds@calxysoftware.com