Calyx Software, San Jose, Calif., has added an automated valuation model (AVM) category to the Calyx Network, providing users of Calyx Point loan origination software with connection to participating AVM vendors.
The new AVM category is accessed within Calyx Point's services menu and includes four new companies providing appraisal and title insurance services. Using Calyx Point, a loan officer can order fully insured reports directly from the services menu's AVM category and automatically receive and attach the appraisal document to the loan file.
The new category in Calyx Point currently includes four companies that specialize in providing AVM reports: Sacramento, Calif.-based First American CoreLogic; Columbus, Ohio-based CBCInnovis; Aliso Viejo, Calif.-based PLATINUMdata; and Troy, Mich.-based Title Source.