LINCOLN, Neb.--(BUSINESS WIRE)--Mortech®, a Zillow® Group business providing mortgage technology solutions for mortgage bankers and secondary market teams, today announced a new integration between Mortech’s product and pricing engine (PPE) and secondary marketing solutions, and Calyx’s Point® and PointCentral® (Point) loan origination software (LOS). Through this integration, Point users can access Mortech’s mortgage product and eligibility information and compare loan pricing scenarios from over 400 supported investor rate sheets all within the Calyx interface.
“In today’s competitive market place, closing loan transactions quickly and efficiently is critical and lenders are increasingly looking for technology solutions to help streamline the loan process,” said Doug Foral, general manager at Mortech. “By aligning the Mortech and CalyxSoftware offerings, we are providing our customers with the mortgage automation solutions they seek to optimize their day-to-day workflow, bringing simplicity to the complex mortgage environment and ultimately, delivering a technological solution that allows our customers to close more loans more quickly.”
The new integration provides instant access to Mortech pricing, including loan specific rate, profit and adjustment information, along with automating the lock request process by seamlessly transferring borrower scenario data between Marksman® and Point. The enhanced integration removes manual data re-entry, reduces the possibility of human error, and improves loan-processing automation through multi-system interoperability.
“At Calyx, we’re continually enhancing our software and adding quality technology partners to our network to offer a competitive edge to our mortgage banking and broker clients,” said Dennis Boggs, executive vice president of business development at Calyx Software. “Integrating Mortech’s product and pricing engine into our platform will simplify the searching process for our users and provide them access to pricing from Mortech’s extensive portfolio of supported wholesale and correspondent programs.”
Mortech® supplies thousands of mortgage professionals with a number of services and tools, such as all-in-one pricing, rate notification, prospect management tools, custom rate sheets, loan product eligibility and guideline services. Founded in 1987, Mortech is based in Lincoln, Neb. and is owned and operated by Zillow Group, Inc. (NASDAQ: Z and ZG).
Zillow, Mortech and Marksman are registered trademarks of Zillow, Inc.
For more information, please visit www.mortech.com
About Calyx Software
Calyx Software is a provider of mortgage software solutions for banks, credit unions, mortgage bankers and brokers. Dedicated to offering reliable, innovative software, Calyx helps streamline, integrate and optimize all phases of the loan process. Point and PointCentral, the remote access, server-based Point application, simplify loan processing and offer seamless integration with other Calyx products, including INK-it®, an easy-to-use, secure electronic signature product, Verifyde®, HMDA/NMLS Call Reporting, and WebCaster®, a professional, do-it-yourself website solution. Calyx Pace™ TRID provides lenders, wholesalers and correspondents the forms needed to create compliant Loan Estimates and Closing Disclosures. With over 200 service providers in the Calyx Network®, lenders never have to leave their LOS.