Calyx Software Now Offers Automated Verification of Employment and Income

Calyx Software®, the mortgage industry’s leading provider of loan marketing, originating and processing software, announced a verification of employment and income (VOE/VOI) category within the Calyx Network, connecting users of Calyx Point® loan origination software to participating employment and income verification vendors.

The addition of the VOE/VOI category allows mortgage brokers and bankers to request up-to-date, fraud-proof verifications of employment and income without leaving the loan file in Point. By accessing the services menu within Point, brokers can directly request verification of a borrower¡¦s employment and income from The Work Number®, a division of St. Louis-based TALX, a leading provider of automated employment and income verification. The Work Number is used by over 50,000 different verifiers including several major mortgage lenders.

“One of the biggest challenges in the loan closing process is managing the steps to request and receive income or employment verification,” said Dennis Boggs, senior vice president of Calyx Software. “Integrating The Work Number within the Calyx Network instantly connects brokers to this information, further speeding the loan process.”

About Calyx Software
Calyx Software is dedicated to helping mortgage brokers, mortgage bankers, and direct lenders increase their profitability by providing reliable and affordable software that streamlines and optimizes all phases of the loan process. The Calyx Network connects loan officers and processors to over 300 lenders and service providers, using technology that allows all parties to exchange data easily. This seamless interaction, coupled with the robust features in the Calyx Point solution product line, increases efficiency and maximizes profitability by enabling more loans to close quickly. For more information, call (800) 362-2599 or visit the company’s Web site at www.calyxsoftware.com.