“The new option provides efficient, timely flood determinations, allowing lenders to keep their momentum during the loan process,” Wolters Kluwer Financial Services said in a press release.
The flood determination services are available through versions 7.5 and higher of Calyx’s loan origination platform Point, and it also has been integrated into an August update.
“In addition to compliant flood determinations, flood-focused professional services are also available to help educate and provide timely assistance when customers need it,” Wolters Kluwer said.
The Calyx network is designed to allow users of Point to connect with lenders and mortgage service providers, automating data exchange and streamlining the mortgage origination process within the Point software.
