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Risk Mitigation in the mortgage industry just got easier for Calyx Software® users
[February 06, 2018]

Risk Mitigation in the mortgage industry just got easier for Calyx Software® users


ATLANTA, Feb. 6, 2018 /PRNewswire/ -- LexisNexis® Risk Solutions and Calyx Software® announced today that five new products are fully integrated into Point® by Calyx Software, improving risk mitigation workflows and process efficiencies for mortgage originators.

Risk Mitigation in the mortgage industry just got easier.

"This new seamless integration is a significant step forward in automated risk mitigation for the mortgage industry," said Tim Coyle, senior director, real estate and mortgage, LexisNexis Risk Solutions. "Now originators can spend more time developing and nurturing their client relationships by speeding up the process it takes to uncover and understand risks across the origination process."



 

Schedule your live demo timeslot now for the CalyxVision™ 18 user conference in San Francisco Feb. 11-14, 2018.

 


This integration enables originators to mitigate fraud by being able to verify identities in real time, identify application misrepresentation and uncover occupancy risk exposure faster through an automated system, including advanced analytics.

The direct integration eliminates the need for end users to toggle between two different systems and re-key or copy LexisNexis Risk Solutions report data into the Point loan origination system (LOS). This advancement greatly increases the speed of lending decisioning, which is a necessity in the current digital environment, while at the same time protecting the lender's business from fraud-oriented threats.  

"We are excited about the increased opportunities, level of accuracy and quality of service created by the integration of multiple LexisNexis Risk Solutions products with our loan origination system, Point. The risk mitigation combined with the increased speed will allow our joint customers to enhance their competitive strength in the current fast-paced, highly-scrutinized lending environment. This is the ideal win-win situation we always aim to achieve," said Bob Dougherty, Vice President, Business Development at Calyx Software.

The products now included are:

LexisNexis® SmartLinx® Person Report

LexisNexis® InstantID®

LexisNexis® Verification of Occupancy

Property History Report

LexisNexis® Identity Fraud Report

Mr. Coyle concluded: "The mortgage lending lifecycle is complicated enough without originators wasting their precious time toggling between systems and re-entering borrower data. Our intent with this integration is to innovate new capabilities so that the mortgage industry can operate more efficiently than ever before and spend less time on manual, thus error prone, back-end processes." 

Schedule your live demo timeslot now for the CalyxVision 18 user conference in San Francisco Feb. 11-14, 2018.

About LexisNexis Risk Solutions
At LexisNexis Risk Solutions, we believe in the power of data and advanced analytics for better risk management. With over 40 years of expertise, we are the trusted data analytics provider for organizations seeking actionable insights to manage risks and improve results while upholding the highest standards for security and privacy. Headquartered in metro Atlanta USA, LexisNexis Risk Solutions serves customers in more than 100 countries and is part of RELX Group, a global provider of information and analytics for professional and business customers across industries. For more information, please visit www.risk.lexisnexis.com.

About Calyx Software
Calyx Software is a provider of innovative solutions to help streamline and simplify all phases of the loan process. The company's loan origination software offerings include Point® and PointCentral® for banks, credit unions, mortgage bankers and brokers; INK-it®, a secure electronic signature solution; and WebCaster®, a website development tool. For more information call (800) 362-2599 or visit www.calyxsoftware.com.

Media Contact:
Jean Creech Avent
Director, Public Relations
770-862-7978
jean.creech@lexisnexisrisk.com

LexisNexis Risk Solutions (PRNewsfoto/LexisNexis Risk Solutions)

Cision View original content with multimedia:http://www.prnewswire.com/news-releases/risk-mitigation-in-the-mortgage-industry-just-got-easier-for-calyx-software-users-300594313.html

SOURCE LexisNexis Risk Solutions


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