Calyx Software, a provider of desktop loan origination systems based in San Jose, Calif., and Advectis, Alpharetta, Ga., have released what they termed a tighter integration of their flagship products, Calyx Point and BlitzDocs.The integration comes as Advectis, a provider of paperless origination and loan archiving applications, joins the Calyx Preferred Point Partner program. With Advectis as a Preferred Point Partner, a broker will be able to access BlitzDocs from within Point to create electronic loan folders without re-keying any information already captured in Point, the companies said. Brokers will also be able to submit imaged documents to lenders for paperless underwriting. The companies can be found on the Web at http://www.calyxsoftware.com and http://www.advectis.com.
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The merger will bolster existing safeguards against AI threats, while providing a tool that should appeal to young homebuyers, leaders of the companies said.
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Economic uncertainty and higher rates in May contributed to the second decline in applications for new homes on an annual basis, reversing March gains
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United Wholesale Mortgage allows the financing to be extended to borrowers with certain medical degrees with low down payments or potentially even none at all.
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A potential end to the Iran War could lead to economic recovery, suggesting sub-6% rates may be far off as monetary policy discussions take a hawkish tone.
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A potential deletion from a long-standing regulatory definition has banks questioning how to classify vast swaths of their lending books.
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At least nine Dallas-area institutions have agreed to sell themselves since late 2024, with the Oklahoma City-based MidFirst Bank's deal for Dallas Capital marking the latest transaction.
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