Calyx Debuts Path Express Loan Origination System

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Calyx, a provider of mortgage software solutions, has released a new version of its cloud-based Path loan origination system (LOS).

The new Path Express offering is designed to give retail, delegated non-delegated and correspondent lenders robust functionality quickly: the company says implementation time for the platform averages 4-6 weeks.

Product features include a real-time view of a lender’s dynamic pipeline, driving more effective activity- and time-management. Each Path Express customer is equipped with an individual cloud database, ensuring that data is not comingled with other customers’ data. In addition, Path Express includes the Path Agile Compliance feature, which provides proactive, automated compliance alerts, audit trails, fee history tracking, rules engine capabilities and a fully configurable compliance workflow.

Calyx will also continue to offer its Path Enterprise version, which is completely configurable to a lender’s specific needs, including workflows, roles, organizational structure and compliance controls.

“With guaranteed 99.95 percent consistent uptimes, the fastest implementation times in the industry, and now a pre-configured Express version, Path is dedicated to ensuring our customer’s long-term success,” says Patrice Power, director of marketing at Calyx.

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