Calyx Point 7 User Manual

Contents

Table Of Contents
Table Of Contents
Table Of Contents
Table Of Contents
Table Of Contents
Table Of Contents
Table Of Contents
Table Of Contents
Table Of Contents
Table Of Contents
document conventions
Chapter 1—Installation
Software requirements
Prerequisites
Advanced installation
Network administration installation
Setting up the Network Configuration Server
Installing Point on the client workstation
Updating the client workstation
Chapter 2—User interface
Screen components
Loans tab
Shortcut toolbar
Information bar
Tasks tab
Reports & Marketing tab
Templates tab
Toolbar icons
Activating keys
Movement keys
Borrower and prospect information
FHA/VA loan
Marketing
Truth-in-Lending
Verification
Chapter 3—Utilities configuration
Specifying the number of days in a calendar year
Creating the default conditions list
Specifying the default escrow account payments
Specifying the ECOA Address
Specifying the CA Fair Lending address
Specifying late document criteria
Printing the Acknowledgement and Agreement clause
Creating dropdown lists
Creating escrow and title tables
Setting up a proxy server
Communications
Setting up Host mode
Requesting and receiving files from a remote host
Checking borrower status from a remote location
Specifying search fields and result format
Creating custom screens
Customizing the shortcut toolbar
Specifying the default DOS directory location
Specifying the default web browser
Naming files automatically
Saving files automatically
Enabling autofill options
Chapter 4—Loan file overview
Creating new prospect loan files
Creating new borrower loan files
Duplicating loan files: Copy
Duplicating loan files: Save As
Creating new co-borrower loan files
Saving loan files
Saving loan files as Point compressed files (.pcfs)
Searching for co-borrower files
Moving loan files
Moving and copying loan files from an external source
Deleting loan files
Linking first and second mortgage files
Archiving loan files
Swapping and deleting prospects, borrowers, and co-borrowers
Print and e-mail options
Specifying paper configuration
Adjusting printed forms
Printing envelopes
E-mailing data files
E-mailing forms
Downloading Point compressed files from e-mail
Chapter 5—Loan Application
Specifying joint assets
Entering mortgage type and loan terms
Entering property information and loan purpose
Entering borrower information
Entering employment information
Entering income and housing expenses
Entering assets and liabilities
Entering liabilities
Entering real estate owned
Entering liabilities in a different name
Summarizing the transaction details
Entering declarations
Completing the Government Monitoring information
Chapter 6—Disclosures and other forms
Completing the Good Faith Estimate
Completing the GFE Provider Relationship screen
Initial ARM Disclosure statement
Truth-In-Lending Disclosure Statement
Completing the Truth-In-Lending Disclosure
Completing the High Cost Loan Disclosure (Truth-In-Lending Section 32)
Application Log (NY)
Completing the MLDS for a traditional loan
Completing the MLDS for a non-traditional loan
Pre-Application Disclosure (NY)
Equal Credit Opportunity Act
Completing the Borrower and Prospect Information screens
Borrower's Signature Authorization
Flood Hazard Determination
Mortgage Loan Commitment
Request for Appraisal, Evidence of Insurance, Payoff, or Title Commitment
Completing the Statement of Credit Denial, Termination, or Change
Tax Authorization Form 8821
Tax Information (or 1098 Data)
Calculating ongoing escrow payments
Calculating mortgage insurance
FHA purchase loan
Completing the FHA Loan Underwriting and Transmittal Summary
Creating an FHA refinance file
Completing the FHA Statutory Requirements Worksheet
FHA/VA Addendum to the URLA
FHA Application for Property Improvement
FHA DE Statement of Appraised Value (HUD-92800.B)
Request for Certificate of Veteran Status
FHA Refinance MCAW screen
VA loans
VA Refinance Worksheet (26-8923)
VA Loan Summary Sheet (26-0286)
VA Request for Certificate of Reasonable Value (26-180/26-1843)
Chapter 8—Verifications
Chapter 9—Electronic loan files
Electronic document storage
Adding Point forms to the repository
Adding non-Point documents to the repository
Saving documents in the document repository to another location
E-mailing files from the document repository
Chapter 10—Loan tracking
Loan status tracking
Tracking basic documents
Tracking miscellaneous items
Tracking conditions
Locking rates and registering loans
Tracking verifications
Tracking title conditions
Tracking HMDA reporting information
Tracking contacts and agencies
Tracking loan team members
Tracking trust account information
Tracking loan profit and loss
Chapter 11—Banker functions
Registering and locking loans for sale
Tracking underwriting status
Recording and tracking loan conditions
Closing loans
Funding loans
Submitting and tracking warehouse lender loans
Recording loans
Tracking loan shipment status
Tracking loan sale responsibilities
Supplementary screens
Appraisal information
Insurance information
Escrow and title
related information
Creating standalone second mortgages
Creating a new first mortgage with a new or existing second
Creating second mortgages for an investment property or second home
Creating concurrent purchase loans (80-10-10)
Creating concurrent loans for investment properties
Construction loans
Creating construction loans
Creating construction-to-permanent loans
Creating investment loans
Chapter 13—Integrated products and services
Lenders
Using the lender interface
Requesting services
Obtaining an authentication certificate
Retrieving, printing, and saving service requests
Correcting submission errors when ordering services
Initial disclosures and closing documents
Specifying investors and products
Ordering initial disclosures and closing documents
Correcting submission errors when requesting disclosures and closing documents
Viewing loan data analysis
Paying for a credit report by credit card
Populating liabilities and viewing credit reports
Flood certifications
Hazard insurance quotes
Title and escrow
VOE/VOI reports
Ordering employment and income verifications
Populating employment into the Loan Application
Installing interfaces and exchanging data
Viewing the Interface Transaction history log
Connecting to the Fannie Mae web interface
Navigating the Fannie Mae screens
Completing and submitting the Fannie Mae Loan Application
Submitting a loan for underwriting
Ordering and viewing a credit report
Freddie Mac
Freddie Mac Addendum
Completing and submitting the Freddie Mac Loan Application
Viewing results
Viewing the Loan Prospector Feedback Certificate
Updating Point files from Freddie Mac
Updating loan status
Viewing loan status
Chapter 14—Templates
Creating loan program templates
Closing cost scenario templates
Master file templates
Using master file templates
Data import templates
Editing data import templates
Data export templates
Creating and editing data export templates
Chapter 15—Reports
Generating standard reports
Types of reports
Contact Information report
Business Analysis report (Banker with Excel)
Monthly trend
LO summary
Data
Warehouse summary
Pipeline status
Using functions to create formulas in reports
Creating custom reports
Specifying template sort options
Specifying Point Report Viewer output
Specifying Microsoft Excel file output
Specifying mail merge output
Adding a link to a mail merge document
Editing a link to a mail merge document
Creating data filters
Sorting
Subtotaling
Manipulating Excel report output
Chapter 16—Marketing tools
Generating address labels
Generating a standard marketing e-mail
Custom forms
Creating custom forms from existing Microsoft Word documents
Printing custom forms
Creating open house flyers
Adding a company logo to marketing letters
Documenting borrower and prospect personal information
Tracking client communication
Documenting client discussions
Amortization schedules
Creating an amortization schedule for an adjustable rate loan
Customizing payment schedules
Customizing manually
Consolidating consumer debt
Comparing loans
Printing loan comparisons
Comparing renting to owning
Prequalification
Prequalifying by prospect
Chapter 17—Tasks
Processing task reminders
Searching for tasks (advanced search)
Editing tasks
Closing and deleting tasks
Printing tasks and task lists
Chapter 18—Data import and export
Importing Point for DOS files
Importing Fannie Mae files
Importing multiple files in Fannie Mae format
Exporting files to other applications
Exporting files to Fannie Mae format
Chapter 19—Contact management (Cardex)
Creating categories
Entering data into the database
Editing database entries
Copying, deleting, and sorting records
Searching for records
Using the Advanced Search dialog box
Printing individual records
Data transfer
Data import and export
Importing a Cardex database
Importing comma delimited files
Exporting data from Cardex
Chapter 20—HMDA reporting
Sending the HMDA file to HUD
Chapter 21—Data folder and user management
Managing data folders
Creating new data folders
Copying folder settings
Modifying data folder properties
Connecting to existing data folders
Disconnecting data folders
Changing the order of folders in dropdown lists
Data folder security
Setting user access to data folders
Copying user settings
Modifying users
Removing user access
Using Point Data Server
Chapter 22—Combined field IDs
Glossary
Index

Calyx Point 7 User Manual Manual pdf 390 page image

372 Calyx SoftwareReportsDouble-click an amount to produce a table that contains a report that details the loanrepresentative’s sales for the specified time period.Business Analysis report (Banker with Excel)The Business Summary Report contains several panels. Several viewing options areavailable for the data in the report. You can access them through the buttons at the top ofthe report. The viewing options are described on the following pages:• Dash Board• Yearly Trend• Monthly Trend• Range Analysis• DataDash boardDisplays all the panels of the report in graphical format.Yearly trendDisplays a table of the loans by representative and yearly trend.Dropdown arrow

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