Calyx Software Integrates Product and Pricing Engine Providers Into Point

SAN JOSE, Calif - Calyx Software®, the mortgage industry’s leading provider of loan marketing, originating and processing software, announced the addition of a product and pricing engine category to the Calyx Network, connecting users of Calyx Point® loan origination software to participating product and pricing engine (PPE) vendors. The new category is accessed within Calyx Point’s Interfaces menu and includes six new companies offering PPE services.

The product and pricing engine category allows mortgage brokers and bankers to request a product and pricing decision from their preferred lenders and investors without leaving the loan file in Point. By directly accessing borrower credit information and utilizing the credit analysis tools provided by PPE vendors within the Calyx Network, brokers can review multiple credit scenarios to accurately determine a borrower’s eligibility. The pricing information then allows brokers to decide the best product to offer a borrower.

The new category currently includes six companies specializing in product and pricing engines: Ft. Lauderdale, Fla.-based BrokerBuddy; New York-based eStyle Software; Atlanta-based Lender Flex; Little Chute, Wis.-based LoanSifter; Mt. Arlington, N.J.-based NYLX; and Plano, Texas-based Optimal Blue.

“The addition of the product and pricing engine category and new service providers within Point gives brokers access to instant and accurate credit analysis and pricing results,” said Dennis Boggs, senior vice president of Calyx Software. “This integration is essential for loan officers to efficiently find the best value for their customers.”