Calyx Software and Loan-Score Decisioning Systems have integrated their respective loan origination system and automated underwriting system (AUS) to offer users access to automated pricing and underwriting for each investor as well as Federal Housing Administration eligibility decisions. The new functionality was released to all Calyx Point customers earlier this month.
The integration embeds Loan-Score's product and pricing engine (PPE) and AUS within Point's user interface.
The integration makes Loan-Score the only non-agency AUS option in Point. Other decisioning vendors in the network provide PPEs, says David Colwell, executive vice president of Loan-Score.
"Our integration with Calyx is one of the most strategic initiatives we've taken to capture market share," he says.
Calyx and Loan-Score will be offering demonstrations of the integration at the Mortgage Banking Association's 97th Annual Convention and Expo in Atlanta next month.