LodeStar Completes Integration with Calyx Software
February 16, 2016
LodeStar Software Solutions announced its integration with Calyx Point’s loan origination software system.
The integration allows Calyx Point users to securely generate a quote from LodeStar’s Loan Estimate calculator without duplicating any data entry. A quote is returned to Point in the proper CFPB format including settlement fees, title insurance premiums, municipal recording charges and transfer taxes for any location in the country, LodeStar said in a release.
Point clients are able to set up any of their settlement service providers’ fees in the system or work with LodeStar’s national network of settlement agents.
“We are very excited to work with Calyx,” said Jim Paolino, CEO and founder of LodeStar. “This integration will give their lender clients greater access to settlement services and title providers and help automate what was previously a somewhat manual process of filling out the Loan Estimate and Closing Disclosure. Instead of having to wait days for title agents to send back their fees, lenders can populate them within seconds right into Point.”
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