Technology
With the sluggish housing market, potential recession, and other factors keeping potential homebuyers on the sidelines, mortgage companies, along with others across the housing industry, have been looking for ways to drum up new business and stay afloat. In many cases, that has translated to making big investments into new technology to set themselves apart from the competition. In turn, fascinating advances are being made to the mortgage technology space, from AI-powered customer support options to new listing and lending platforms that offer potential homebuyers and sellers unique and advanced tech features.
Given how quickly the new advances are emerging, it’s important for mortgage industry professionals to keep their fingers on the mortgage technology pulse. The advances being made in this part of the industry can have a significant impact on how real estate business is conducted, and you can stay up-to-date on the mortgage technology news you’re looking for with HousingWire’s mortgage tech coverage.
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Calyx Adds New Providers to LOS Network
Mar 12, 2008Calyx Software, one of the mortgage industry’s leading providers of loan origination software, has expanded its branded network to include six new service providers, it said Wednesday. The Calyx network interface links service providers into the widely-used Calyx Point LOS, and allows users of the LOS to connect directly with lenders and mortgage service providers, automating data exchange and streamlining the loan origination process.
