Calyx Software has released its Point 6.2b update, which addresses the first mandatory compliance update for the new RESPA rules that include a modified Regulation X and updated Servicing Disclosure Statement, required to be used beginning Jan. 16.
The new download requires 6.2 or 6.2a be installed on a Point user's computer and allows users to remain in compliance while upgrading to the latest version of Point and its capabilities.
"Calyx strives to ensure that our customers are always in compliance with government regulation changes," says Ted Hicks, product management group manager at Calyx Software. "As the mortgage industry's rules and regulations become more strict and require greater compliance, we are dedicated to supporting the changes and providing Point users with the tools necessary to abide by them."
SOURCE: Calyx Software