Calyx Point 7, Point 7.0 User Manual

Copyright © 2009 Calyx Software, 6475 Camden Avenue, Suite 207, San Jose, CA 95120. For Technical
Support, call [phone]. All rights reserved. This information cannot be reproduced in any way, in
whole or in part, without written permission from Calyx Software.

Calyx Software makes no representations or warranties with respect to this information and will not
guarantee the accuracy and completeness of any information. Users of this information do so with the
understanding that Calyx Software is not engaged in the practice of law and does not render legal,
accounting, or other professional services.

In determining which federal or state forms supplied by Calyx Software should be used in a particular
situation, users of this information should consult with their own legal counsel for advice.

Calyx Software makes no representation that it supplies forms for every state. Calyx Software reserves
the right to change this information without notice. Point and Calyx are registered trademarks of Calyx
Software. All other brand and product names are trademarks of their respective holders.

Windows is a registered trademark of Microsoft Corporation in the United States and other countries.

March 2009.

Contents

Preface . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .xi

Document conventions. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . xi

Typographical conventions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . xi

Terminology. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .xii

Product assistance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .xii

Chapter 1—Installation. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1

Operating requirements . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1

System requirements . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1

Software requirements. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2

Prerequisites . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3

Typical installation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3

Advanced installation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6

Custom installation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6

Network administration installation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10

Installing Point on the network server . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10

Setting up the Network Configuration Server . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11

Installing Point on the client workstation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13

Updating the client workstation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14

Chapter 2—User interface . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15

Screen components . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 16

Navigation panel . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 16

Loans tab. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 17

Shortcut toolbar . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 18

Information bar . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 19

Current Status . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 19

Loan checklist . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 19

Tasks tab . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20

Reports & Marketing tab . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 21

Templates tab . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 22

Toolbar icons . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 23

Key combinations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 23

Activating keys. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 24

Function keys. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 24

Hot keys . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 24

Movement keys . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 25

Scrolling keys . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 25

Buttons and options . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 25

Banker . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 25

Borrower and prospect information . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 27

FHA/VA loan . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 29

Loan Application . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 29

Marketing . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 31

Truth-in-Lending . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 33

Verification . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 34

Opening multiple files. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 34

i

Chapter 3—Utilities configuration . . . . . . . . . . . . . . . . . . . . . . . 35

Company default information. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 35

Entering default company and processing center information . . . . . . . . . . . . . . . . . . . . . . . . . . . . 35

Specifying the number of days in a calendar year . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 36

Creating the default conditions list. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 37

Specifying the default escrow account payments . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 39

Specifying the ECOA Address. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 40

Specifying the CA Fair Lending address . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 41

Specifying the credit denial administrator address . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 41

Specifying default settings for the Servicing Disclosure statement. . . . . . . . . . . . . . . . . . . . . . . . . . 41

Entering HMDA registration information . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 41

Specifying late document criteria . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 42

Printing the Acknowledgement and Agreement clause . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 43

Creating dropdown lists . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 44

Creating escrow and title tables . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 45

Setting up a proxy server . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 48

Communications . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 49

Setting up communications . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 49

Setting up Host mode . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 50

Sending files to a remote host . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 50

Requesting and receiving files from a remote host . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 53

Checking borrower status from a remote location . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 55

Requesting file status from a remote location. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 55

Specifying search fields and result format . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 57

Creating custom screens. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 59

Customizing the shortcut toolbar . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 60

Specifying the default DOS directory location . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 61

Customizing screen colors . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 61

Specifying the default web browser . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 62

Naming files automatically . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 63

Saving files automatically . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 64

Generating the Mortgage Identification Number automatically . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 64

Enabling autofill options. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 65

Identifying fields and field IDs . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 65

Chapter 4—Loan file overview . . . . . . . . . . . . . . . . . . . . . . . . . . 67

Loan file creation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 67

Creating new prospect loan files . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 68

Creating new borrower loan files . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 69

Duplicating loan files: Copy . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 70

Duplicating loan files: Save As . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 72

Creating new co-borrower loan files . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 73

Saving loan files . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 74

Saving loan files as Point compressed files (.pcfs) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 75

Searching for loan files . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 75

Searching for prospect and borrower files . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 75

Searching for co-borrower files . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 76

Searching in multiple data folders . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 76

Moving loan files . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 77

Moving loan files in Point . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 77

Moving and copying loan files from an external source . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 78

Deleting loan files. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 79

Linking first and second mortgage files. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 80

Linking from an existing first loan file . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 80

Archiving loan files . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 82

Rebuilding lists . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 82

ii Calyx Software

Swapping and deleting prospects, borrowers, and co-borrowers . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 83

Print and e-mail options . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 84

Configuring print options. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 84

Setting the default printer . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 84

Specifying paper configuration . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 85

Adjusting printed forms. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 86

Printing and previewing forms . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 86

Printing envelopes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 88

Creating print groups. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 88

E-mailing data files. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 90

E-mailing forms . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 91

Downloading Point compressed files from e-mail . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 93

Chapter 5—Loan Application . . . . . . . . . . . . . . . . . . . . . . . . . . . . 95

Specifying joint assets. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 96

Entering mortgage type and loan terms . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 97

Entering property information and loan purpose. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 98

Entering borrower information . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 100

Entering employment information . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 102

Entering income and housing expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 104

Entering assets and liabilities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 106

Entering assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 106

Entering liabilities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 108

Entering real estate owned . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 111

Entering liabilities in a different name . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 113

Matching liabilities to real estate owned . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 113

Summarizing the transaction details . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 114

Entering declarations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 115

Printing the Acknowledgement and Agreement clause. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 116

Completing the Government Monitoring information. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 117

Chapter 6—Disclosures and other forms . . . . . . . . . . . . . . . . . 119

Disclosures . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 119

Good Faith Estimate. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 119

Completing the Good Faith Estimate . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 120

Completing the GFE Provider Relationship screen . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 127

Initial ARM Disclosure statement . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 128

Completing the Initial ARM Disclosure . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 128

Truth-In-Lending Disclosure Statement . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 132

Completing the Truth-In-Lending Disclosure . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 133

Completing the High Cost Loan Disclosure (Truth-In-Lending Section 32) . . . . . . . . . . . . . . . 136

State-specific disclosures . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 136

Application Log (NY) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 137

Brokerage Contract (FL) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 137

CA Fair Lending Notice Disclosure (CA) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 137

Lender Disclosure (FL) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 137

Mortgage Broker Disclosure (TX) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 137

Mortgage Loan Disclosure Statement—MLDS/GFE (CA). . . . . . . . . . . . . . . . . . . . . . . . . . . . . 137

Completing the MLDS for a traditional loan . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 138

Completing the MLDS for a non-traditional loan . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 143

Pre-Application Disclosure (NY) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 150

Point User Guide iii

Other disclosures . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 150

Affiliated Business Disclosure . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 150

Credit Score Disclosure . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 150

Disclosure notices . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 150

Equal Credit Opportunity Act. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 151

Flood Insurance Disclosure. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 151

Patriot Act Disclosures . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 151

Privacy Policy Disclosure. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 151

Servicing Disclosure Statement . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 151

Forms . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 151

Borrower and prospect information screens . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 151

Completing the Borrower and Prospect Information screens . . . . . . . . . . . . . . . . . . . . . . . . . 153

Borrower’s Signature Authorization . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 155

Cash Flow Analysis (1084)/Self-Employed Income Analysis . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 155

Flood Certification Work Order . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 155

Flood Hazard Determination . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 156

Flood Hazard Notice. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 156

Gift Letter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 156

Itemization of Amount Financed . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 156

Loan Submission Sheet . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 156

Completing the Loan Submission Sheet. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 156

Mortgage Loan Commitment. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 159

Completing the Mortgage Loan Commitment screen . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 159

Request for Appraisal, Evidence of Insurance, Payoff, or Title Commitment . . . . . . . . . . . . . . . . . 160

Request for Survey . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 160

Statement of Credit Denial, Termination, or Change . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 160

Completing the Statement of Credit Denial, Termination, or Change. . . . . . . . . . . . . . . . . . . 161

Tax Authorization Form 8821. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 162

Tax Return Request–Copy of Return (Form 4506–T) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 162

Tax Information (or 1098 Data) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 163

Transmittal Summary . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 163

Completing the Transmittal Summary . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 163

Mortgage insurance and escrow (impound) account details . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 168

Calculating ongoing escrow payments . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 168

Calculating mortgage insurance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 170

Chapter 7—FHA and VA loans . . . . . . . . . . . . . . . . . . . . . . . . . . 173

FHA loans. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 173

FHA purchase loan. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 173

Completing the Borrower and Prospect Information screens . . . . . . . . . . . . . . . . . . . . . . . . . 173

Completing the Good Faith Estimate . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 176

Completing the FHA Loan Underwriting and Transmittal Summary . . . . . . . . . . . . . . . . . . . . 176

Creating an FHA refinance file . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 181

Completing the Prospect and Borrower Information screens . . . . . . . . . . . . . . . . . . . . . . . . . 181

Completing the Good Faith Estimate . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 182

Completing the FHA Statutory Requirements Worksheet . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 182

FHA/VA Addendum to the URLA . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 186

FHA 203(k) Worksheet (HUD–92700). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 186

FHA Application for Property Improvement . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 187

FHA Consumer Choice Disclosure . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 187

FHA Request for Insurance Endorsement . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 187

FHA DE Statement of Appraised Value (HUD-92800.B). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 188

FHA DE Analysis of Appraisal Report . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 188

Request for Certificate of Veteran Status . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 189

FHA MCAW. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 189

Completing the FHA Purchase MCAW screen . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 189

FHA Refinance MCAW screen . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 191

iv Calyx Software

VA loans. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 192

VA Loan Analysis (26-6393) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 192

VA Refinance Worksheet (26-8923) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 193

VA Loan Summary Sheet (26-0286) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 194

VA Loan Comparison . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 194

VA Certificate of Eligibility (26-1880) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 194

VA Verification of Benefit–Related Indebtedness (26-8937) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 194

VA Request for Certificate of Reasonable Value (26-180/26-1843) . . . . . . . . . . . . . . . . . . . . . . . . 195

VA Certificate of Loan Disbursement (26-1820) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 195

Chapter 8—Verifications . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 197

Completing verification forms. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 197

Chapter 9—Electronic loan files. . . . . . . . . . . . . . . . . . . . . . . . . 201

eLoanFile . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 201

Electronic document storage . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 202

Accessing the document repository . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 202

Adding Point forms to the repository . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 204

Adding non-Point documents to the repository . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 207

Saving documents in the document repository to another location. . . . . . . . . . . . . . . . . . . . . . . . 209

E-mailing files from the document repository . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 210

Chapter 10—Loan tracking. . . . . . . . . . . . . . . . . . . . . . . . . . . . . 213

Loan status tracking . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 214

Tracking loan status and progress . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 214

Tracking basic documents . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 216

Tracking miscellaneous items . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 217

Tracking conditions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 219

Locking rates and registering loans . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 221

Tracking verifications . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 227

Tracking title conditions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 228

Tracking HMDA reporting information . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 229

Tracking contacts and agencies . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 231

Tracking loan team members . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 233

Tracking trust account information . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 234

Tracking loan profit and loss. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 235

Chapter 11—Banker functions . . . . . . . . . . . . . . . . . . . . . . . . . . 237

Registering and locking loans for sale . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 238

Tracking underwriting status . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 243

Recording and tracking loan conditions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 249

Closing loans . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 253

Funding loans. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 258

Submitting and tracking warehouse lender loans . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 260

Recording loans . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 264

Tracking loan shipment status . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 267

Tracking loan sale responsibilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 268

Supplementary screens . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 270

Program and rate lock details . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 270

Appraisal information . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 272

Insurance information . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 273

Escrow and title . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 275

Point User Guide v

Chapter 12—Loan scenarios . . . . . . . . . . . . . . . . . . . . . . . . . . . . 279

Subordinate financing . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 279

Creating standalone second mortgages . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 279

Creating a new first mortgage with a new or existing second . . . . . . . . . . . . . . . . . . . . . . . . . . . 280

Creating second mortgages for an investment property or second home . . . . . . . . . . . . . . . . . . . 281

Creating concurrent purchase loans (80-10-10) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 283

Creating concurrent loans for investment properties . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 287

Construction loans . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 290

Creating construction loans . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 291

Creating construction-to-permanent loans . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 292

Creating construction loans with required reserves. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 292

Investment loans . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 293

Creating investment loans . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 293

Chapter 13—Integrated products and services . . . . . . . . . . . . 297

Enabling and disabling providers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 297

Lenders . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 298

Using the lender interface . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 299

Services . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 300

Requesting services . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 300

Obtaining an authentication certificate . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 303

Checking pending request status . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 303

Retrieving, printing, and saving service requests . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 304

Correcting submission errors when ordering services . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 306

AVM reports . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 306

Populating AVM data . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 306

Initial disclosures and closing documents . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 307

Specifying investors and products . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 308

Ordering initial disclosures and closing documents. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 310

Correcting submission errors when requesting disclosures and closing documents. . . . . . . . . 313

Viewing loan data analysis. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 314

Credit reports . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 314

Paying for a credit report by credit card . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 315

Populating liabilities and viewing credit reports . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 316

Flood certifications . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 317

Hazard insurance quotes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 318

Title and escrow. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 319

VOE/VOI reports. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 329

Ordering employment and income verifications . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 330

Populating employment into the Loan Application. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 332

Interfaces . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 333

Installing interfaces and exchanging data . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 333

Viewing the Interface Transaction history log. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 337

Fannie Mae . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 337

Connecting to the Fannie Mae web interface . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 338

Accessing Fannie Mae . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 338

Navigating the Fannie Mae screens . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 339

Completing and submitting the Fannie Mae Loan Application . . . . . . . . . . . . . . . . . . . . . . . . 340

Fannie Mae Addendum . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 340

Submitting a loan for underwriting . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 341

Ordering and viewing a credit report . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 343

Freddie Mac. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 344

Connecting to the Freddie Mac LP web interface. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 344

Freddie Mac Addendum . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 345

Completing and submitting the Freddie Mac Loan Application . . . . . . . . . . . . . . . . . . . . . . . 347

Viewing results . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 348

vi Calyx Software

Viewing the Loan Prospector Feedback Certificate . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 349

Updating Point files from Freddie Mac . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 350

WebCaster. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 350

Setting WebCaster preferences . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 350

Updating loan status . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 351

Viewing loan status . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 352

Chapter 14—Templates. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 353

Loan program templates. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 353

Creating loan program templates. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 354

Closing cost scenario templates . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 355

Creating closing cost scenario templates . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 355

Master file templates . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 357

Creating master file templates . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 357

Using master file templates . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 358

Editing templates . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 358

Deleting templates . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 358

Import and export templates . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 358

Data import templates . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 359

Creating data import templates . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 359

Editing data import templates . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 360

Data export templates . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 361

Creating a data export template from the sample . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 361

Creating and editing data export templates. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 363

Chapter 15—Reports. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 365

Standard reports. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 365

Report templates . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 365

Generating standard reports . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 368

Types of reports . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 370

Late Documents report . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 370

Contact Information report . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 371

Business Summary report (with Excel) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 371

LO summary . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 371

Customizing . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 371

Business Analysis report (Banker with Excel). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 372

Dash board . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 372

Yearly trend . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 372

Monthly trend. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 373

LO summary . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 374

Data . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 375

Loan Profit Summary (Banker with Excel) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 375

Cost and profit summary. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 375

Warehouse summary . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 376

Data . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 376

Loan Pipeline Report (with Excel) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 376

Pipeline status . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 377

Detail Status . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 377

Loan Status Report (with Excel 2007). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 377

Data . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 377

Using functions to create formulas in reports. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 378

Point User Guide vii

Creating custom reports . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 379

Specifying data content . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 379

Specifying template sort options . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 383

Specifying output options . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 383

Specifying Point Report Viewer output. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 384

Specifying Microsoft Excel file output . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 385

Specifying generic Microsoft Excel output . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 385

Specifying preformatted Microsoft Excel output . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 385

Specifying mail merge output . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 386

Adding a link to a mail merge document. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 387

Editing a link to a mail merge document . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 388

Unlinking a link to a mail merge document . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 388

Manipulating report output . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 388

Manipulating reports in Point Report Viewer . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 388

Formatting Point Report Viewer reports. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 388

Creating data filters . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 389

Sorting . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 390

Subtotaling . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 392

Saving and exporting reports in Point Report Viewer . . . . . . . . . . . . . . . . . . . . . . . . . . . . 392

Manipulating Excel report output . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 394

Chapter 16—Marketing tools. . . . . . . . . . . . . . . . . . . . . . . . . . . 397

Standard marketing documents . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 397

Marketing templates . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 397

Generating address labels . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 398

Generating a standard marketing letter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 398

Generating a standard marketing e-mail . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 399

Custom forms . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 400

Creating custom forms . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 400

Creating custom forms from existing Microsoft Word documents . . . . . . . . . . . . . . . . . . . . . . . . 403

Printing custom forms . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 404

Customizing marketing documents . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 404

Creating open house flyers . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 405

Adding a company logo to marketing letters . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 406

Documenting borrower and prospect personal information . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 407

Client communication . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 407

Tracking client communication. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 408

Documenting client discussions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 409

Amortization schedules . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 411

Creating an amortization schedule for a fixed rate loan . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 411

Creating an amortization schedule for an adjustable rate loan . . . . . . . . . . . . . . . . . . . . . . . . . . . 412

Creating an amortization schedule for an ARM with negative amortization . . . . . . . . . . . . . . . . . 412

Customizing payment schedules . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 413

Customizing automatically . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 413

Customizing manually. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 414

Printing an amortization schedule . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 414

Cash-to-close statements . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 414

Consolidating consumer debt . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 415

Comparing loans . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 416

Comparing three loan scenarios . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 416

Printing loan comparisons . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 418

Creating a sample comparison of FHA vs. conventional loan . . . . . . . . . . . . . . . . . . . . . . . . . . . . 418

Comparing renting to owning . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 419

Prequalification. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 420

Prequalifying by property . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 420

Prequalifying by prospect . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 421

viii Calyx Software

Chapter 17—Tasks. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 423

Creating tasks . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 423

Processing task reminders . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 426

Searching for tasks . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 426

Searching for tasks (basic search) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 426

Searching for tasks (advanced search) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 428

Editing tasks . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 430

Closing and deleting tasks . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 431

Printing tasks and task lists . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 432

Accessing current tasks. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 432

Chapter 18—Data import and export . . . . . . . . . . . . . . . . . . . . 435

Data import . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 435

Importing .txt files . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 435

Importing Point for DOS files . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 436

Importing Fannie Mae files . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 437

Importing multiple .txt files (batch import) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 437

Importing multiple files in Fannie Mae format . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 439

Data export . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 439

Exporting files to other applications . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 440

Exporting files to Point for DOS . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 440

Exporting files to Fannie Mae format . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 441

Exporting data to Freddie Mac . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 441

Chapter 19—Contact management (Cardex) . . . . . . . . . . . . . . 443

Cardex database overview . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 443

Creating categories . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 444

Entering data into the database . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 445

Editing database entries . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 446

Copying, deleting, and sorting records . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 447

Copying records. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 447

Deleting records. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 447

Sorting records . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 447

Searching for records . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 448

Using the Advanced Search dialog box. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 449

Printing Cardex records . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 449

Printing multiple records . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 449

Printing individual records . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 450

Data transfer . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 451

Transferring database entries into a loan file . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 451

Transferring information from a loan file . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 451

Data import and export . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 452

Importing a Cardex database . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 453

Importing Outlook contacts . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 453

Importing comma delimited files . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 454

Exporting data from Cardex . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 456

Chapter 20—HMDA reporting . . . . . . . . . . . . . . . . . . . . . . . . . . 459

Running the HMDA report . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 459

Sending the HMDA file to HUD . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 460

Chapter 21—Data folder and user management . . . . . . . . . . . 463

Accessing Point Administrator . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 463

Managing data folders . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 464

Establishing initial ownership of the Primary Data Folder . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 464

Creating new data folders . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 466

Copying folder settings . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 468

Point User Guide ix

Modifying data folder properties . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 469

Connecting to existing data folders . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 470

Disconnecting data folders . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 471

Changing the order of folders in dropdown lists . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 472

Data folder security . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 473

Setting data folder security and accessibility . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 473

Setting user access to data folders . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 474

Copying user settings. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 476

Modifying users . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 477

Removing user access . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 478

Changing the template directory . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 478

Using Point Data Server . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 479

Chapter 22—Combined field IDs . . . . . . . . . . . . . . . . . . . . . . . . 481

Glossary . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 487

Index . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 495

x Calyx Software

Preface

This information contains an overview of Point and its functions, as well as instructions for
installing, customizing, and using Point.

If you are new to Point, this information will get you started and help you as you become
more comfortable with the application.

If you are an experienced Point user, it can serve as a reference guide for information
about more advanced functions.

This information is intended for brokers, lenders, and other Point users. It provides a road
map for using Point to streamline your work.

Document conventions

The document conventions used in this information are described in this topic.

In this topic

• Document conventions

• Product assistance

Typographical conventions

The following conventions are used in this information to identify different types of controls
and screen characteristics:

Format Example

Button Click the Calculate button at the bottom of the

Check box

Dropdown list option
Dropdown list

Field

Links • Refer to Creating new borrower loan files, on

Menu name or path Select File > New > Loan... > Borrower.

Radio button Select the Reports radio button and select the

Screen Open the Borrower Information screen.

workspace.

Select the Conventional loan type check box.

Select Start Rate from the Initial Pmt Rate dropdown
list.

Enter the loan amount in the LoanAmount field.

page69, for more information about creating
loans.

• For product support information, go to

www.calyxsupport.com.

•The Appraisal button opens the

Information

information about the property appraisal.

Contact Information Update report from the
dropdown list.

dialog box which is used to record

Appraisal

xi

Terminology

Format Example

Section Complete the Type of Mortgage and Terms of Loan

section.

Ta b Select the Templa tes tab from the navigation panel.

User input

Enter 500,000 in the

LoanAmount field.

The following terminology is used throughout this information.

Example Instruction

<Ctrl>+<F> Press the <Ctrl> key on the keyboard while also pressing the

<F> key.

Enter or complete Refers to manual entry of information on the screen.

Utilities > Company
Defaults > Company Info

Populate Refers to Point automatically completing values that flow

Select Highlight an item by clicking the mouse and dragging it over

Select the Utilities menu, choose Company Defaults, then
select Company Info.

between screens.

the item or double-click the item to select it.

Select is also used in the context of selecting an option from a
dropdown list or from a group of check boxes or radio
buttons.

Product assistance

Point documentation is available in the following formats:

• Context-sensitive help

• Adobe Acrobat

The following resources are available for assistance with Point:

Ty pe Description

Blue links Blue links are included for fields that generate frequent

Knowledge Base articles Access Knowledge Base articles by:

Help •Press <F1>.

Related information

Did you know?

• The User Guide is online at www.calyxsupport.com

• Access Knowledge Base articles at http://kb.calyxsupport.com/kb/

• The latest updates are available at www.calyxsoftware.com

.pdf

file (optimized for double-sided printing)

questions. Click the field name link on the Point screen for
more information about that field.

• Selecting Help > Support Online > Knowledge Base
from the menu

• Opening a Web browser and entering:

http://kb.calyxsupport.com/kb/

• Click the Help icon on the toolbar from any screen.

xii Calyx Software

Ty pe Description

Product Information General product information and links to product support

Trai ni ng Attend classes taught by certified Calyx trainers.

User guide Select Help > Point User Guide to open a PDF copy of the

The following support is available:

Product assistance

pages and the user guide are available at

www.calyxsupport.com.

• For more information, select Help > Support Online >

Calyx Training.

•Go to www.calyxtraining.com

•Go to www.calyxsoftware.com and click Tr ai ning

•E-mail [e-mail]
Toll Free: 800-362-2599

Fax: [phone]

Point User Guide or you can access it from

www.calyxsupport.com.

Contact

Sales

•E-mail:

[e-mail]

• Call 800-36-CALYX (800-362-2599)
– Press 1

Te ch n ic a l support

•E-mail: [e-mail]

• Call 800-34-CALYX (800-342-2599)
– Press 2

support

Loan

•E-mail: [e-mail]

• Call 800-34-CALYX (800-342-2599)
– Press 1

WebCaster support

•E-mail:

[e-mail]

• Call 800-34-CALYX (800-342-2599)
– Press 3

PDS (Point Data Server) support

•E-mail: [e-mail]

• Call 800-34-CALYX (800-342-2599)
– Press 5

Supports

• Point

• PDS (Point Data Server)

• WebCaster account subscription

• Website activation and CD-ROM
related issues

•Installation

• Error messages

• Software assistance

• Procedural questions

Loan processing issues such as:

•Ratios

• Calculations

• Special loans

• Website setup

• Domain assistance

•Installation

• Error messages

Point User Guide xiii

Attention

When you contact Technical Support, have the following information
available:

• Your name

• Your company name

• Your version of Point

• Your account ID

Your account ID is on the invoice or the shipping label from your Point
software package.

xiv Calyx Software

Installation

Point can be configured to run on a single computer or a network configuration of more
than ten workstations. Your office configuration determines which Point installation
process to use.

Point offers the following three types of installations for different Point configurations:

Typical or upgrade

A typical installation is used with a standard configuration for a standalone
computer.

Custom

A custom installation is used on networks of up to nine computers. During a
custom installation you specify a location for the Point template directory and
default data folder. Use this installation to enable or disable Point components.

Administrative

An administrative installation is used on networks of ten or more computers. An
administrative installation installs a tool that is used to set up a server for remote
configuration and automated client updates.

1

In this topic

• Operating requirements

• Prerequisites

• Typical installation

• Advanced installation

You will need your account ID to complete the installation process.

Before you begin the installation process, close any open applications.

Your account information is e-mailed to the primary account holder.

Operating requirements

System requirements

The following system requirements are needed to install Point:

Component Version

Processor speed • Microsoft Windows Vista: 800 MHz (or higher)

Memory (RAM) • Microsoft Windows Vista: 512MB, minimum

Important

• Microsoft Windows XP: 400 MHz (or higher)

• Microsoft Windows XP: 128MB, minimum

1

Installation

Component Version

Disk space • Point application: 100MB

• Microsoft Internet Explorer 6.0: up to 20MB

• Microsoft .NET Framework 2.0: up to 200MB

• Electronic document storage: 20MB per loan file (on
average)

Network Interface Card • Not required for standalone computers

• Ethernet card and TCP/IP required for networking Point

Printer Any Windows-compatible printer (1 MB memory is required for

laser printers)

Other • CD-ROM: 2X speed

• Keyboard: Microsoft Windows compatible

• Mouse: Microsoft Windows compatible

• Monitor: SVGA 16-bit color or higher; 1024 x 768 screen
resolution, minimum

• Modem/Internet connectivity: required to access
Internet-enabled services

Important

Software requirements

The following software is required to use Point:

Component Version

Operating System One of the following operating systems is required:

Web browser Microsoft Internet Explorer® Version 6.0, Service Pack 1, or later

Microsoft.NET
Framework

Network • Not required for standalone computers.

Other • Adobe Acrobat Reader© Version 5.0, or later, is required for

Multi-functional printers are known to be problematic with the Point
application. Calyx provides limited support for these types of printers;
however, the end-user is ultimately responsible.

• Microsoft Windows Vista®

• Microsoft Windows XP, Service Pack 2, or later (XP Home is
not recommended for use on networks)

• Microsoft Windows Server 2003, Service Pack 1, or later

Version 2.0

During installation, Point detects whether .NET Framework is
already installed and automatically installs it during the
installation process.

• A peer-to-peer file server that runs Microsoft Windows
2000* or XP, or a server that runs Microsoft Windows
Server 2000, Server 2003, or Server 2008

*Although Point does not run on Microsoft Windows 2000
operating systems, a machine with Microsoft Windows 2000
can host your file server.

reading PDF files

• Microsoft Word 2000, or later, and Microsoft Excel 2000, or
later, are required for some Point features

2 Calyx Software

Prerequisites

During the Point installation, the installer checks for required components, and if any are
missing, installs them during the process. The Point installer also checks for obsolete
components and removes them.

Prerequisites

Important Network information

Point is compatible with Microsoft peer-to-peer and client-server
networks. Calyx does not support the operation of Point or any data
hosted on a storage device and RAID Arrays, or the operation of Point on
the following networks:

• Novell networks

• Linux environments

• Windows 98

• Windows 2000

• Windows ME

•OS/2

• UNIX

• Any thin-client networks such as Citrix or Microsoft Terminal Services

The following software is required to complete the installation:

• Internet Explorer, Version 6.0

• Microsoft .NET Framework, Version 2.0

Typical installation

A typical installation is done on a single workstation in a non-network environment.

To install Point on a stand-alone computer:

1 Insert the Point CD into the CD-ROM drive to start the installation process.

Point User Guide 3

Installation

Attention

If you are running a previous version of Point, you do not need to delete
it. Point will upgrade the existing version.

2 Click Install Point on this Computer.

The InstallShield Wizard configures the Point installer and checks for any missing
prerequisites.

If any of the required prerequisites are missing, the

Setup Prerequisites dialog box

is displayed.

The

Setup Prerequisites dialog box contains a list of missing prerequisites.

3 Click Install to install or remove the items on the list.

4 When the

5 Read the Software License Agreement. If you accept the terms, select the

terms in the license agreement

Welcome screen is displayed, click Next to continue the installation.

I accept the

button and click Next to proceed.

If you do not accept the terms of the agreement, the Next button is not enabled and
you are unable to proceed with the installation process.

The

Customer Information dialog box is displayed.

6 Enter your name, company name, and account ID, and click Next.

Important

Your account information is e-mailed to the primary account holder.

4 Calyx Software

Typical installation

If a previous version of Point is detected, the Point Found dialog box is displayed
which indicates that a previous version of Point is installed on the computer.

Attention

If you are upgrading from an earlier Point version, your previous settings
are saved during the upgrade.

If a previous version of Point is not detected, the

Setup Type dialog box is displayed.

7 Select

Typical for a new installation or select Upgrade to upgrade your existing Point

application, and click Next.

The installation process begins. When the installation process has completed
successfully, the

Point User Guide 5

InstallShield Wizard Completed dialog box is displayed.

Installation

8 Click Finish to complete the installation process.

Advanced installation

Advanced installations are done on networks with up to ten or more computers. Use a
custom installation for a network of fewer than ten computers, and an administrative
installation on a network of ten or more computers.

Custom installation

The custom installation is used when you want to specify the location of the application
and data folders. A custom installation is typically used in a network environment with
fewer than ten computers.

Related information

For more information about installing Point, see the following
Knowledge Base articles at www.calyxsupport.com.

• #0126 Installation Troubleshooting

• #0128 Installing Point in Windows Safe Mode

• #0207 Networking Point with an Admin installation

If you are upgrading from a previous version of Point, all of your previous settings are
saved. If you are installing Point on a new computer, add network data folders after the
installation is finished. This option is recommended for most users.

To complete a custom installation:

1 is installed on the computer. the Point CD into the CD-ROM drive to start the

installation process.

2 Click Install Point on this Computer.

The InstallShield Wizard configures the Point installer and checks for any missing
prerequisites.

6 Calyx Software

Advanced installation

If any of the required prerequisites are missing, the Setup Prerequisites dialog box
is displayed.

The

Setup Prerequisites dialog box contains a list of missing prerequisites.

3 Click Install to install or remove the items on the list.

4 When the

Welcome screen is displayed, click Next to continue the installation.

5 Read the Software License Agreement. If you accept the terms, select the

terms in the license agreement

button and click Next to proceed.

I accept the

If you do not accept the terms of the agreement, the Next button is not enabled and
you are unable to proceed with the installation process.

The

Customer Information dialog box is displayed.

6 Enter your name, company name, and account ID, and click Next.

Important

Your account information is e-mailed to the primary account holder.

Point User Guide 7

Installation

If a previous version of Point is detected, the Point Found dialog box is displayed
which indicates that a previous version of Point is installed on the computer.

Attention

If you are upgrading from an earlier Point version, your previous settings
are saved during the upgrade.

If a previous version of Point is not detected, the

Setup Type dialog box is displayed.

8 Calyx Software

Advanced installation

7 Select Custom to customize your setup, and click Next.

Change Application Directory dialog box is displayed. In new installations the

The
default directory is C:\WINPOINT. In an upgrade, the default directory is the directory
that was used in the previous installation.

Tip

To specify a network drive that is mapped to your computer, go to

Network Locations

Location field.

and copy the UNC path and paste into the Folder

My

8 Select the application directory location and click Next.

The

Change Template Directory dialog is displayed. In new installations the

default directory is C:\PNTTEMPL. In an upgrade, the default directory is the directory
that was used in the previous installation.

9 Select the template directory location and click Next.

The

Change Data Directory dialog is displayed. In new installations the default

directory is C:\PNTDATA. In an upgrade, the default directory is the directory that was
used in the previous installation.

10 Select the data directory location and click Next.

The

Point Features dialog box is displayed. This dialog box is used to determine if

the Point Administrator will be installed.

11 Use the dropdown list to select the type of installation and click Next.

If this is an upgrade, and Point Administrator was not installed previously, the option to
install it is unavailable.

When the installation process has completed successfully, the

Completed

Point User Guide 9

InstallShield Wizard

dialog box is displayed.

Installation

12 Click Finish to complete the installation process.

For more information about installing Point, see the following
Knowledge Base articles at www.calyxsupport.com.

• #0126 Installation Troubleshooting

• #0128 Installing Point in Windows Safe Mode

• #0207 Networking Point with an Admin installation

Network administration installation

The administration installation is designed for networks with ten or more computers. After
you have completed the installation on the server and client workstations, Point
automatically checks the server for updates when launched from the client computer.

Installing Point on the network server

1 Insert the Point CD-ROM in the server CD-ROM drive to start the installation process.

Related information

2 Click Install Point on this Server.

3 When the

4 Read the Software License Agreement. If you accept the terms, select the

terms in the license agreement

If you do not accept the terms of the agreement, the Next button is not enabled and
you are unable to proceed with the installation process.

The

Customer Information dialog box is displayed.

10 Calyx Software

Welcome screen is displayed, click Next to continue the installation.

I accept the

button and click Next to proceed.

Advanced installation

5 Enter your name, company name, and account ID, and click Next.

Important

Your account information is e-mailed to the primary account holder.

The

Destination Folder dialog box is displayed.

In new installations, the default destination directory is C:\NETSETUP. In an upgrade, the
default directory is the directory that was used in the previous installation.

Tip

To make the Netsetup directory accessible to network users, move it to
the server and share the directory.

Refer to your server operating system documentation for information
about how to share directories.

To change the default directory, click Change to navigate to a new location.

6 Select the directory location and click Next.

The network installation process begins.

7 Click Finish to complete the installation process.

Tip

If the Launch Point Network Configuration Utility check box is selected,
the Network Configuration Utility is automatically launched when you
click Finish.

8 Set up data folders for your network by using Point Administrator.

Related information

• Refer to Setting up the Network Configuration Server, on page11,
for information about configuring the network.

• Refer to Chapter 21, Data folder and user management, for
information about Point Administrator and creating data folders.

• For more information about installations in general, or data errors
that might occur during installation, see Knowledge Base article

#0126 Installation Troubleshooting.

• For more information about a network administration installation,
see Knowledge Base article #0207 Networking Point with Admin

Installation.

Setting up the Network Configuration Server

Use the Point network configuration server utility to specify the set up parameters for the
client installation, such as the path for the local data and application directories and the
shared network path for the template and data directories. You can also enable the Point
Data Server from this utility.

Point User Guide 11

Installation

To set up the network configuration server:

1 From the Windows Start menu, select Start > All Programs > Calyx Software >

Point Network Configuration Server.

The

Point Network Configuration Server dialog box is displayed.

2 Complete the

a Complete the

b In the

Company Settings section.

CompanyName and AccountID fields.

ApplicationDirectory field, enter the directory path where Point is to be

installed on client machines.

c In the

TemplatesDirectory field, enter the shared directory path where the

templates will be stored. Alternately, click the ellipsis (...) button to browse to the
shared locations.

If a PNTTEMPL folder does not currently exist, select the shared location that will
contain the folder and type PNTTEMPL. It is created during the initial Point
installation.

A Universal Naming Convention (UNC) path is shown in the

Templ a tesDirectory

field (for example, \\servername\PNTTEMPL) unless a drive was mapped to that
location.

d In the

DataFolders field, click Browse, select a shared data folder, and click OK.

e Click Add to List. Use the Remove from list button to delete any unused or

empty data folders.

f Repeat Step d and Step e for all data folders.

g To preserve data folder settings on client computers where Point was previously

installed, select the

Do Not override existing Data Folder Settings check box.

12 Calyx Software

Advanced installation

h To install Point Administrator during the client installation, select the Install Point

Administrator

check box.

3 If your network uses the Point Data Server, complete the

a Select the

Enable Point Data Service check box to enable the server.

b Enter the Point Data Server URL.

c Enter the Point Data Server Security key.

4 When you are finished setting the company and server settings, click Save Settings,

and click Exit.

• Refer to Creating new data folders, on page466, for information
about creating and setting up data folders.

• For more information about Point Data Server, see

www.calyxsoftware.com, or view the Point Data Server page at http/
/:pdsb.calyxsupport.com.

Installing Point on the client workstation

After the network installation and the server configuration are finished, a one-time
installation must be completed on each client workstation. Subsequent client updates are
done automatically from the server when it is updated.

Point Data Server section.

Related information

Important

You must have administrator privileges to perform this setup.

To install Point on the client workstation:

1 From the Windows Start menu, select Start > Run.

Tip

Windows Vista users type Run in the StartSearch field.

2 In the

Run dialog box, click Browse to locate the directory that you specified in Step 6

on page 11, and click Open.

3 Double-click Setup.exe and click OK to run the setup.

The InstallShield Wizard configures the Point installer and checks for any missing
prerequisites.

Point User Guide 13

Installation

If any of the required prerequisites are missing, the Setup Prerequisites dialog box
is displayed.

The

Setup Prerequisites dialog box contains a list of missing prerequisites.

4 Click Install to install or remove the items on the list.

5 When the

Welcome screen is displayed, click Next to continue the installation.

6 Click Finish when the installation is complete.

Updating the client workstation

After updates are made to the configuration server, Point checks the server for updates
when the application is launched from the client. If any updates are detected, the client
machine is automatically updated.

To update the network configuration server settings:

1 From the Windows Start menu on the server, select Start > All Programs > Calyx

Software > Point Network Configuration Server.

The

Point Network Configuration Server dialog box is displayed.

2 Add and remove data folders or change the templates directory path.

3 Click Save Settings and click Exit.

For more information about the updating the client workstation, see
Knowledge Base articles:

• #0064 Networking Point

• #0124 Point default folder structure

• #0207 Networking Point with an Admin installation

Related information

14 Calyx Software

User interface

The basic Point user interface is comprised of three panels that contain a combination of
tabs, menus, a toolbar, and buttons.

Point offers multiple options for performing most operations. These options include:

• Navigation panel tabs

• Toolbar icons

• Key combinations, including:
– Activating keys

– Function keys
– Hot keys
– Movement keys
– Scrolling keys

• Buttons

• Menus

Review this topic before you begin processing loans to familiarize yourself with Point and
the user interface.

2

In this topic

• Screen components

• Navigation panel

• Toolbar icons

• Key combinations

• Buttons and options

15

User interface

Menu bar

Toolbar

Navigation
panel

Loan toggle
buttons

Shortcut toolbar

Workspace

Command bar

Information
bar

Current status

Loan checklist

Task b ar

Screen components

When you open a loan file, the Borrower Information screen is displayed in the
workspace. The following figure depicts a typical

Borrower Information screen:

The Point screen is comprised of the following three panels:

• Navigation panel

•Workspace

• Information bar

These panels are always accessible when a loan file is open.

Navigation panel

The navigation panel, located on the left side of the screen, is used to access Point
features. It is always available when Point is open, and contains the following four tabs:

• Loans

• Tasks

• Reports & Marketing

• Templates

Click a tab on the navigation panel to launch the corresponding feature from any screen in
Point.

To expand the workspace, collapse the navigation panel by clicking the X button next to
the title.

16 Calyx Software

Navigation panel

The tabs display to the left of the expanded workspace, as shown in the following figure.
To restore the navigation panel, click any tab.

Loans tab

Use the loans tab to access prospect and borrower loan files.

The following search options are available for locating loan files:

Data Folder

Use the Data Folder dropdown list to select where to perform the search. The
Primary Data Folder is the default data folder and is available immediately after
installation. After installation, you can create additional data folders as needed.

Point User Guide 17

User interface

Prospect/Borrower

Selects the type of loan file to search.

Search By

Selects the criteria to search from the dropdown list.

Search

Initiates the search for files that match the selected criteria.

Advanced Search

Opens the

Advanced Search dialog box which is used to refine your search

criteria and search in multiple data folders.

List Co-Borrowers

Lists the co-borrower files in the selected data folder.

Related information

• Refer to Searching for loan files, on page75, for
information about locating loan files.

• Refer to Creating new data folders, on page466, for
information about creating data folders.

Shortcut toolbar

The shortcut toolbar is a part of the navigation panel where the various Point forms are
listed. It is an alternative to using the Forms menu to access screens.

The shortcut toolbar is not available when you are creating a master template, so you
must select the forms to include in your template from the Forms menu.

Use the First Mtg and Second Mtg
mortgage files. These buttons are visible only after a second mortgage is linked to the first
mortgage file.

buttons to toggle between linked first and second

18 Calyx Software

Related information

• Refer to Linking first and second mortgage files, on
page80, for information about linking first and second
loan files.

• Refer to Chapter 12, Loan scenarios, for information about
processing second mortgages.

Information bar

The information bar is divided into two sections; Current Status and Loan Checklist.
Minimize the information bar by clicking the X button at the top of the bar. The information
bar is visible from any screen in an open loan file.

Current Status

The Current Status section includes important loan data such as:

Navigation panel

• Loan status

• First or second loan

• Amount

• Property address

• Type and purpose

• Payment

• Note and Qual rates

• Payment

The Update Status button opens the
information from the

Status and Checklist screen (Track > Status).

Update Status dialog box, which imports loan

Loan checklist

The loan checklist shows the status of document deliverables that are required for the
loan, such as a credit report or appraisal.

This checklist tracks the following dates for each item:

•Order date

•Due date

• Received date

Point User Guide 19

User interface

Tasks tab

The first two check boxes indicate if the item was ordered and received. If the item is
checked, hover the mouse over the check box to display the date the item was completed.

Double-click an item or click the Open Detail button to open an information dialog box for
the selected item. Use this dialog box to update the item status. Information that is added
or updated in this dialog box automatically updates the corresponding tracking screen.

Related information

• Refer to Loan status tracking, on page214, for
information about adding and updating items that are
listed on the loan checklist and for information about the

Status and Checklist screen.

• See Chapter 10, Loan tracking, for more information
about tracking.

Use the Tasks tab to search for specific tasks without having to scroll through multiple loan
files.

Use the following search options to specify your search criteria:

Data Folder

Indicates the data folder that is currently in use.

Search Tasks

Specify the type of task that you want to find.

In

Specify the data folder to be searched (Current or All Folders).

Search

Finds and lists tasks by the criteria selected.

Advanced Search

Launches the

Advanced Task Search dialog box.

Related information

See Chapter 17, Tasks, for more information about tasks.

20 Calyx Software

Reports & Marketing tab

The reports and marketing functions are accessible from the Reports & Marketing tab.
Use reports to manage day-to-day business events and clients. Use marketing documents
to help you market loans effectively by creating custom letters, e-mails, and mailing labels.
You can also create queries and customize letters and e-mails with HTML using Microsoft
Word® or Microsoft Outlook®.

Navigation panel

Important

It is important that you verify that the time and date settings
on your computer are correct before you run any reports.

The following options specify where the data is to be retrieved when the report is
generated:

Select All/Deselect All

Toggles between Select All

or Deselect All when selecting data folders. Only the

data folders to which you have access are displayed.

Prospect/Borrower

Specifies the file type from which you generate your report. You can select both
file types as well as co-borrowers.

Related information

•See Standard reports, on page365, for more information
about building and running reports.

•See Standard marketing documents, on page397, for
more information about marketing documents.

Point User Guide 21

User interface

Templates tab

Create templates to save yourself repetitive data entry for frequently-used information.
Select a template category to view the existing files in the workspace.

Tip

Save yourself repetitive data entry by building templates.

The following template types are available:

Report & Marketing

Creates report or marketing templates for your products.

Loan Program

Creates loan program templates for the products you market.

Closing Cost Scenario

Creates various closing cost options that prospects can use to assist with their
loan decisions.

Prospect Master

Creates master prospect templates for faster prospect information entry.

Borrower Master

Creates a master borrower template for faster borrower information entry.

Data Import

Builds templates that import data from text files.

Data Export

Sends Point data to other applications.

22 Calyx Software

Related information

For more information about working with templates see
Chapter 14, Tem pla te s, and Creating custom reports, on
page379.

Toolbar icons

Point employs many of the standard Windows® operating system icons to complete the
most common functions, such as printing and saving. However, many icons are also
unique to the Point application.

The following icons are unique to Point:

Toolbar icons

Icon Name Function

Email E-mails the file or form.

Ratios Displays the top, bottom, LTV, and CLTV ratios for a

loan.

Conversation log Displays the conversation log for a particular loan.

Key combinations

Point uses standard Windows operating system key combinations to accomplish various
tasks.

The types of keys include:

Show tasks Displays the list of tasks associated with the open

loan.

Calculator Launches the calculator provided with the Microsoft

Windows operating system.

Cardex Opens the Cardex database.

New task Creates a new task.

Document storage Opens the Document Storage dialog box.

Flag Displays vendor interface notification messages.

Help Launches Point Help.

• Activating keys

• Function keys

• Hot keys

• Movement keys

• Scrolling keys

Point User Guide 23

User interface

Activating keys

Use activating keys to close, cancel, or activate a task. The following activating keys are
available in Point:

Function keys

Function keys are the F keys that are located at the top of the keyboard. Use them to
access the following functions in Point:

Key Description

<Enter> Activates the highlighted command.

<Esc> Closes a dialog box or cancels a command.

Spacebar Activates the highlighted button.

Key Description

<F1> Help

<F2> Loans tab

<F3> Tasks tab

<F4> Reports tab

<F5> Tem p l ate s t ab

Hot keys

Hot keys provide shortcuts for completing frequently-used functions in Point. To use hot
keys, hold down the <Ctrl> key and press the specified letter to activate the item. The
following hot keys are used in Point:

Key Description

<Ctrl> + <G> Current view (toggle among tabs)

<Ctrl> + <P> File > Print

<Ctrl> + <L> Conversation log

<Ctrl> + <Z> Edit > Undo

<Ctrl> + <U> Launch Calculator

<Ctrl> + <X> Edit > Cut

<Ctrl> + <R> Utilities > Cardex

<Ctrl> + <C> Edit > Copy

<Ctrl> + <N> File > New

<Ctrl> + <V> Edit > Paste

<Ctrl> + <O> File > Open

<Ctrl> + <D> Edit > Paste Date

<Ctrl> + <S>

<Ctrl> + <W> Show tasks

<Ctrl> + <T> Display ratios

File > Save

24 Calyx Software

Movement keys

Use movement keys to navigate quickly through Point when entering data. Use the
following keys to navigate in Point:

Scrolling keys

Use scrolling keys to navigate up, down, and across the screen when it exceeds the
window boundaries, without using the mouse. Use the following keys to scroll in the Point
screens:

Key Description

<Tab> Moves forward one field.

<Shift> + <Tab> Moves backward one field.

<Alt> + <

<Alt> + <I>

J>

Moves forward one section.

Moves backward one section.

Key Description

<Ctrl> + <Page Down> Scrolls down one page.

<Ctrl> + <Page Up> Scrolls up one page.

<Ctrl> + <Home> Scrolls to top of form.

<Ctrl> + <End> Scrolls to bottom of form.

<Ctrl> + <

<Ctrl> + <I>

<Ctrl> + <

<Ctrl> + <K>

J>

L>

Scrolls to the right.

Scrolls to the left.

Scrolls down one line.

Scrolls up one line.

Buttons and options

Buttons and options

Point contains buttons on the command bar at the bottom of the workspace and
throughout the screens which are used to access other Point screens, functions, and
dialog boxes.

Some buttons are used in multiple Point screens. For your convenience, they are listed
here alphabetically by location.

Banker

The following buttons are used in various combinations on the Banker screens:

Button Description

Opens the Trail Document Entry dialog box or the Edit

Condition

On the
create a new entry for a specific document, such as shipping
information and fees.

On the
loan conditions that must be met before the loan is funded.

Opens the Conditions Pick-List dialog box which is used to
select individual loan conditions from a template.

This button is located on the

dialog box.

Trail Documents screen, use the Add button to

Conditions screen, use the Add button to add new

Conditions screen.

Point User Guide 25

User interface

Button Description

Populates the conditions list with the default set of conditions
that was set up in the company defaults utility.

This button is located on the

Opens the Appraisal Information dialog box which is used
to record detailed property appraisal information.

This button is located on the
screens.

Opens the
conditions and contingencies.

This button is located on the

Imports the subject property address or present address into
the

These buttons are located on the

Generates the Funding Conditions Notice and adds it to the
document repository.

This button is located on the

Generates the Loan Approval Notice and adds it to the
document repository.

This button is located on the

Generates the Lock Confirmation document and adds it to
the document repository.

This button is located on the

Generates the Suspense/Denial Notice and adds it to the
document repository.

This button is located on the

Deletes the selected document.

This button is located on the

Conditions screens.

Used to add and delete conditions from the Investor

Purchase Conditions

Conditions screen which is used to track loan

MailingAddress fields.

Conditions screen.

Conditions and Closing

Underwriting screen.

Closing screen.

Conditions screen.

Conditions screen.

Secondary Marketing screen.

Underwriting screen.

Trail Documents and

screen.

Opens the

Condition

On the

Trail Document Entry dialog box or the Edit

dialog box.

Trail Documents screen, use the Edit button to

modify data for a specific document, such as shipping
information and fees.

On the

Conditions screen, use the Edit button to modify

loan conditions that must be met before the loan is funded.

Opens the Escrow & Title Information dialog box which is
used to record escrow, closing agent, and title information.

This button is located on the

Conditions and Closing

screens.

Opens the

Trail Document Entry or Edit Condition dialog

box where you can create a new document. The new
document is placed above the selected entry when the Insert
button is used.

This button is located on the

Conditions screens.

Trail Documents and

Opens the Insurance dialog box which provides the user
with easy access to mortgage, hazard, and flood insurance
information.

This button is located on the

Conditions and Closing

screens.

26 Calyx Software

Button Description

Opens the Program & Rate Lock Details dialog box which
provides the user with easy access to rate, ARM, buydown,
and prepayment information.

The Loan Program Details button is located on the

Secondary Marketing screen.

The Program/Lock Details button is located on the

Conditions and Closing screens.

Use these buttons to rearrange the sequence of items in a list.

These buttons are located on the

Conditions screens.

Buttons and options

Trail Documents and

Borrower and prospect information

The following buttons are located on the Borrower Information and Prospect

Information

screens.

Button Description

Opens the

Closing Documents Request dialog box where

you can request initial disclosures or closing documents from
documents providers.

This button is located on the

Closing screen.

Opens the Select Product dialog box which is used to select
the product and investor to use for the loan.

This button is located on the

Opens the

View/Print dialog box which is used to view and

Closing screen.

print the received closing documents.

This button is located on the

Closing screen.

Opens the CC Scenario List dialog box which is used to
select the closing cost scenario for the loan.

This button is also located on the

Worksheet

and Prequalification screens.

Debt Consolidation

Opens the Contact Information dialog box which is used to
document communications with borrowers and prospects.

This button is also located on the

Worksheet

.

Debt Consolidation

Copies borrower information into the identical fields for the
co-borrower.

Point User Guide 27

Copies the loan property address to the fields for the
borrower’s present address.

Opens the

Credit Scores dialog box where you can view the

credit scores for the borrower and co-borrower from all three
credit reporting agencies.

Opens the Housing Exp & Other Obligations dialog box
which is used to enter proposed housing expenses and other
monthly obligations.

This button is also located on the

Worksheet

and Prequalification screens.

Debt Consolidation

The information entered in this dialog box also populates the
corresponding fields in the
on page 2 of the

Loan Application.

Monthly Housing Expenses section

You can also access this dialog box from the Housing
Expenses & Obligations button on the

Rent vs. Own

screen.

User interface

Button Description

Opens the Income Information dialog box which is used to
enter borrower and co-borrower income information.

This button is also located on the

Worksheet

The information entered in this dialog box also populates the
corresponding fields in the
page 2 of the

Opens the Investment Information dialog box which is
used to enter the gross rent and occupancy rate that will be
used to offset debt-to-income ratios for an investment.

This button is also located on the

Opens the
select the loan program to use for the loan.

This button is also located on the

Traditional

If this is an FHA purchase loan, this button populates the field
with the maximum loan amount that is allowed.

and the Prequalification screen.

Loan Program List dialog box which is used to

screen.

Debt Consolidation

Gross Monthly Income section on

Loan Application.

Prequalification screen.

MLDS/GFE (CA), Non-

Opens the

Mortgage Insurance Premium Funding Fee

dialog box which is used to calculate up-front funding fees and
mortgage insurance premiums.

This button is also located on the

Summary

, Prequalification, and Rent vs. Own screens.

FHA Transmittal

The monthly mortgage insurance premium information
entered in this dialog box is calculated and the monthly
premium is entered in the
the

Loan Application.

ProposedMtgIns field on page 2 of

You can also access this dialog box from the MIP/FF button on
page 4 of the

Loan Application and the Cash-to-Close

screen.

Opens the Monthly Payment Settings dialog box which is
used to set the payment structure and the loan terms and
specifications.

This button is also located on page 1 of the
and the

MLDS/GFE (CA), Non-Traditional, Loan

Comparison

, Prequalification, and Rent vs. Own screens.

Loan Application

The information entered in this dialog box also populates the
corresponding fields in the

Opens the

Personal Information dialog box which is used

Truth-In-Lending screen.

to track personal information about the borrower, such as their
interests and their children’s names.

Opens the Subordinate Financing Information dialog box
which is used to enter information about second loans and link
the first and second files together.

This button is also located on the

Prequalification screens.

Good Faith Estimate and

You can also access this dialog box from the 2nd Mtg button
on the

Debt Consolidation Worksheet.

28 Calyx Software

FHA/VA loan

Buttons and options

The following buttons are located on the FHA/VA screens. Buttons that were previously
described are not included in this list.

Button Description

Opens the Monthly Income Calculator to edit the
monthly income.

Calculates the EEM (Energy Efficient Mortgage)
Qualifying ratios and enters them into the

Comments field in the Transmittal Summary.

Copies the loan amount from the

Opens the FHA GFE dialog box.

Calculates the maximum FHA loan amount.

Opens the FHA Statutory Requirements screen.

Underwriter

Information screen.

Loan Application

The loan application buttons are located on the five pages of the Loan Application.
Buttons that were previously described are not included in this list.

Opens the

Retrieves data from the Good Faith Estimate.

Copies data from the

Copies the line C3 calculation from the 203(k)

Maximum Mortgage Worksheet

FHA Transmittal Summary.

Loan Application.

.

Button Description Page

Opens the Monthly Income Calculator which is used
to convert a borrower or co-borrower’s salary to a
monthly rate.

This button is also located in the
dialog box which is accessible from the Income button
on the

Information screens.

Opens a calendar which is used to calculate the length
of a construction loan.

Income Information

2

1

Point User Guide 29

Opens the
dialog box which is used to calculate and enter closing
cost items from the FHA screens.

This button is also located on the
screen.

Erases everything on page 5 of the Loan Application. 5

Opens the

Deletes the selected entry from the employment, assets,
or liabilities list.

FHA: Additional Items Closing Costs

Cash-to-Close

Declarations Explanations dialog box. 4

4

2, 3

User interface

Button Description Page

Moves the selected entry down in the employer list. 2, 3

Opens the edit dialog box for the selected employment,
assets, or liabilities entry.

Opens the

First Mortgage Payment dialog box which

is used to enter first mortgage information in second
mortgage files.

Imports the assets from the Verification of Deposit. 3

Imports the employment information from the

Verification of Employment.

Imports the liabilities that are listed on the Verification

of Mortgage/Rent

Navigate to specific sections of the

and Verification of Loan.

Loan Application. All

Opens an edit dialog box for employment, liabilities, or
assets, to add a new entry above the selected entry.

Opens the

Hazard Insurance dialog box where you

can specify monthly the premium rate for hazard
insurance and request a hazard insurance quote.

Opens the Match Liabilities & REO dialog box which
is used to match borrower liabilities and real estate.

Opens the

Fee

Mortgage Insurance Premium Funding

dialog box which is used to calculate up-front

funding fees and mortgage insurance premiums.

This button is also on the

Cash-to-Close screen.

You can also access this dialog box from the Mtg
Insurance button on the

Prequalification, and Rent vs. Own screens.

Borrower Information,

Moves the selected entry up in the assets, liabilities, or
real estate list.

Opens the

Mortgage Insurance dialog box which is

used to calculate the monthly PMI payment.

Opens the edit dialog box to enter a new employer,
asset, or liability.

Opens the

Other In Housing Expense dialog box

which is used to enter other housing expenses such as
school taxes, flood insurance, and user-defined
expenses.

Opens the Second Mortgage Payment dialog box
which is used to enter information about the borrower’s
second mortgages.

Transfers employment data from VOE/VOI reports into
the

Loan Application.

2, 3

2

2

3

2, 3

2

3

4

3

2

2, 3

2

2

2

30 Calyx Software

Transfers liabilities from a credit report into the Loan

Application

.

3

Buttons and options

Button Description Page

Opens the corresponding page of the Loan

Application

.

All

Marketing

Opens the Credit Report Request dialog box which is
used to request credit information for a borrower.

Opens the
to request a borrower’s verification of employment or
income.

Accesses a calculator to determine the monthly property
tax.

Moves the selected entry up in the employer list. 2

Opens the Credit Report dialog box. 3

Opens the
select a VOE/VOI report to view.

VOE/VOI Request dialog box which is used

View Report dialog box, which is used to

3

2

2

2

Marketing buttons are located in various locations and on the marketing forms in prospect
and borrower files.

Marketing forms include forms such as the

Amortization Schedule. Buttons that were previously described are not included in this

Prequalification screen and the

list.

Button Description Screen

Opens the Subordinate Financing

Information

enter information about second loans and
link the first and second files together.

You can also access this dialog box from the
Sub Financing button on the

Good Faith Estimate, and
Prequalification screens.

Calculates the prepaid finance charges on the

Good Faith Estimate to determine the

annual percentage rate.

Opens the
make rate adjustments to the proposed loan
and the loans that are used for the
comparison.

Calculates the maximum property value for
which the prospect qualifies.

dialog box which is used to

Information,

ARM dialog box where you can

Debt Consolidation
Worksheet

Loan Comparison
Prequalification

Loan Comparison

Prequalification

Point User Guide 31

Opens the
which is used to calculate the actual balance
of the loan.

Balance Calculation dialog box

Debt Consolidation
Worksheet

User interface

Button Description Screen

Computes the amortization payment
schedule.

Calculates the monthly and total benefit of
owning a home rather than renting.

Computes the new loan amount after the
debt consolidation.

Amortization
Schedule
Rent vs. Own

Debt Consolidation
Worksheet

Opens the CC Scenario List dialog box

Loan Comparison
which is used to select the closing cost
scenario for the loan.

Erases the selected alternative program. Loan Comparison

Opens the Months to Compare dialog box

Loan Comparison
which is used to enter the number of months
to compare different loan alternatives.

Copies the maximum property value into the

Prequalification

PurchPrice field.

Moves prospect program information to
Alternative 1 or 2.

Opens the

Credit Scores dialog box which is

used to enter the credit scores for the
borrower and co-borrower from all three
credit reporting agencies.

Displays the new ratio of income to debt after
a consolidation.

Deletes a record from the

Consolidation Worksheet

Debt

.

Opens the Liability dialog box which is used
to add and edit liabilities.

Opens the

Good Faith Estimate.Rent vs. Own

Loan Comparison

Debt Consolidation

Worksheet

Debt Consolidation

Worksheet

Debt Consolidation

Worksheet

Debt Consolidation

Worksheet

Opens the Housing Exp & Other

Obligations

dialog box which is used to

Rent vs. Own

enter proposed housing expenses and other
monthly obligations.

You can also access this dialog box from the
HE & Oblig button on the

Debt Consolidation Worksheet
Prequalification screens.

Adds a new liability before the selected one in
the

Debt Consolidation Worksheet.

Opens the Investment Information dialog
box which is used to enter the gross rent and

Information,

and

Debt Consolidation

Worksheet

Debt Consolidation

Worksheet
occupancy rate that will be used to offset
debt-to-income ratios for an investment.

Opens the Loan Program List dialog box
which is used to select the loan program for
the loan.

Amortization

Schedule

Debt Consolidation

Worksheet

Loan Comparison

Prequalification

Truth-In-Lending

32 Calyx Software

Buttons and options

Button Description Screen

Calculates and displays the Detailed

Payment Schedule

Opens the
to add and edit liabilities.

Liability dialog box which is used

for the life of the loan.

Amortization

Schedule

MLDS/GFE CA

Truth-In-Lending

Debt Consolidation

Worksheet

Opens a dialog box to enter notes or
comments about the loan scenarios or
borrower qualifications.

Opens the
box to add a images to the flyer.

Indicates that the selected liability was paid or
will be paid in full.

Opens the
used to enter information about the person
for whom the file was created.

Opens the Present Housing Expenses
dialog box which is used to enter housing
expenses for the borrower’s owner-occupied
residence, regardless of the type of loan.

Selects all the liabilities in the list. Debt Consolidation

Opens the Status dialog box which is used to
document when changes are made to the
worksheet.

Moves the selected alternative program back
to the
modification purposes.

Open House Picture File dialog

Prepared For dialog box which is

ProspectProgram column for

Loan Comparison

Prequalification

Loan Comparison

Debt Consolidation

Worksheet

Amortization

Schedule

Cash-to-Close

Loan Comparison

Prequalification

Rent vs. Own

Prequalification

Worksheet

Debt Consolidation

Worksheet

Loan Comparison

Truth-in-Lending

The following buttons are located on the Truth-in-Lending screens. Buttons that were
previously described are not included in this list.

Button Description

Opens the Initial ARM Disclosure Disclaimer.

Calculates the finance charges and payment schedule based on
data that was entered in the

Payment Schedule section.

Opens the
origination and discount fees and the first year of interest paid.

Opens the Truth-In-Lending (Section 32) screen. The
information on this screen informs borrowers of the loan
amount, the annual percentage rate, and their monthly
payments. This disclosure is required for high cost loans.

Returns to the

Disclosure

Point User Guide 33

Tax Information (1098) screen, which displays

Truth-in-Lending screen from the ARM

.

PrepaidFinCharge field in the

User interface

Verification

Related information

Additional buttons are described in Loan Application, on
page29,

and Marketing, on page31.

The following buttons are located on the Deposit, Employment, Loan, and Mortgage/Rent
verification screens.

Button Description

Imports the assets from the Loan Application to the

Verification of Deposit.

Imports the employment information from the Loan

Application

to the Verification of Employment.

Opening multiple files

To open multiple loan files at one time, select the Keep Open check box in the workspace
before you open another file. The new file opens to the
closing the open file. You can switch among the open files by selecting the file name from
the list of open files in the Window menu.

Imports the liabilities from the

Verification of Loan.

Imports mortgage information from the Loan Application
REO section to the

Imports the rental information from the Loan Application to
the

Verification of Mortgage/Rent.

Verification of Mortgage/Rent.

Loan Application to the

Information screen without

Tip

Select the Keep Open check box to keep the loan file open
when you open another file.

34 Calyx Software

Utilities configuration

The Utilities menu contains options that are used to customize Point to meet your specific
business needs. Use the Utilities menu to configure dropdown lists, company defaults,
screen settings and colors, and interfaces. You can set up features all at once, or a few at
a time and modify them as your business needs change.

• Company default information

• Creating dropdown lists

• Creating escrow and title tables

• Setting up a proxy server

• Communications

• Specifying search fields and result format

• Creating custom screens

• Customizing the shortcut toolbar

• Specifying the default DOS directory location

• Customizing screen colors

• Specifying the default web browser

• Naming files automatically

• Saving files automatically

• Generating the Mortgage Identification Number
automatically

• Enabling autofill options

• Identifying fields and field IDs

3

In this topic

Company default information

The Company Defaults options are used to specify company-specific information such as
your address, phone number, local contact information for state and federal real estate
regulatory agencies, and escrow and title account information.

Most of the company defaults that you set up are unique to the data folder where you
create them. However, it is possible to transfer the information to other data folders from
the primary data folder.

Entering default company and processing center information

The information that is entered in the Company Information dialog box displays on the
applicable printed forms in the associated data folder.

Related information

Refer to Chapter 21, Data folder and user management, for more
information about data folders.

35

Utilities configuration

Any data that is entered in the Processing Center dialog box is displayed on the printed
verification forms in the associated data folder.

If the return address for verifications and the company address are the same, you do not
need to enter the processing center information. However, if you have multiple-offices,
your processing center might have a different address.

The interface for entering company and processing center information is the same.
Company Info is used in the following example to illustrate the process:

1 Select Utilities > Company Defaults > Company Info.

The

Company Information dialog box is displayed.

2 Enter the company name, address, city, state, zip code, and telephone and fax

numbers.

3 To specify that you can manually enter company information on page 4 of the

Application

, select the check box in the Company Information dialog box.

4 Click OK.

Specifying the number of days in a calendar year

Use the Days Per Year option to specify the number of days per calendar year based on
your lender’s requirements.

To specify the days per year:

1 Select Utilities > Company Defaults > Days Per Year.

The

Days Per Year dialog box is displayed.

Loan

2 Select

360 or 365.

3 Click OK.

36 Calyx Software

Creating the default conditions list

The information in the Condition Types dialog box is used to populate loan conditions in
the Banker >
that are added to the conditions list when you click the Add Defaults button or you can
select from the list of conditions when you click the Add Conditions From Pick-List button.

To create the default conditions list:

1 Select Utilities > Company Defaults > Condition Types.

The

Conditions screen. You can establish a standard set of default conditions

Condition Types dialog box is displayed.

Company default information

2 Click Add to add a new condition.

Point User Guide 37

Utilities configuration

The Condition Setup dialog box is displayed.

3 Complete the

a Enter a unique identifier for the condition in the

Condition Setup dialog box.

Condition# field.

b Select the Condition Type from the dropdown list.

• PTD (prior to docs)

• PTF (prior to fund)

• Trailing

• Investor

c Enter a description of the condition in the space provided.

d To include the condition in the default list when specifying conditions in the

Conditions screen, select the Default Condition For All New Loans check box.

e To exclude the condition from the pick-list when specifying conditions in the

Conditions screen, select the Exclude From Appearing In Conditions Pick-List

check box.

f If the condition is to be included in the pick list, specify the filter settings.

For example, if the condition applies only to first mortgage FHA purchases, select

First Lien, Purchase from the Loan Purpose section, and FHA from the Loan

Type

section.

g Click OK to exit the

Condition Setup dialog box.

38 Calyx Software

4 Repeat the process for each condition.

Company default information

Tips

• To sort the documents by one of the columns, click the column
heading to sort the records in ascending order. Click the column
heading again to sort in descending order.

The default sort order is by the
the

# column in ascending order, then by the Type column in

descending order.

The sort order is retained for all subsequent loan files until you
change it again.

• To resize the column width, place the cursor on the vertical line
between columns, click and hold, and drag the column to the
desired width.

Default column in descending order,

Use the Edit and Delete buttons to edit and delete existing conditions.

5 Click OK to exit the

Condition Types dialog box.

Related information

For more information about entering conditions, refer to Recording and

tracking loan conditions, on page249.

Specifying the default escrow account payments

Use the Initial Escrow Account Setup dialog box to calculate the escrow payments. In
addition to two user-defined calculations, you can calculate the following payments:

• Escrow for taxes

Point User Guide 39

Utilities configuration

To configure the escrow account option:

1 Open a borrower or prospect file.

2 Select Utilities > Company Defaults > Escrow Account.

• Hazard insurance

• Mortgage insurance

• Flood insurance

• School taxes

The

Initial Escrow Account Setup dialog box is displayed.

3 For each type of tax or payment, select the cell that corresponds to the month when

the payment is due and enter the number of months to be paid at that time.

For example, if property taxes are paid in April and December for a six-month period,
enter

6 in the Apr and Dec fields for that column. For annual payments, enter 12 in the

field for the month when the payment is due.

4 To specify that the borrower must pay some fees in advance to provide a reserve in

the event a fee increases or a payment is missed, enter the number of months the
borrower must pay in the

5 To exclude a fee from the aggregate accounting, select the

foot of the disbursement column where the fee is entered.

6 Click OK.

For information about setting up the escrow account for a specific loan,
refer to Calculating ongoing escrow payments, on page168.

Specifying the ECOA Address

Use the ECOA Address option to enter the address of the federal agency that
administers compliance for the Equal Credit Opportunity Act. Point automatically
populates the address on the ECOA submission form.

Cushion row.

Exclude check box at the

Related information

To configure the ECOA address:

1 Select Utilities > Company Defaults > ECOA Address.

40 Calyx Software

2 Enter (or verify) the address, and click OK.

Specifying the CA Fair Lending address

Use the CA Fair Lending Address option to enter the address to send the CA Fair
Lending notice.

To configure the CA Fair Lending address:

1 Select Utilities > Company Defaults > CA Fair Lending Address.

2 Enter (or verify) the address and click OK.

Specifying the credit denial administrator address

Use the Denial Letter Address option to specify the address of the federal agency that
administers compliance with Regulation B of the Equal Opportunity Act. Point
automatically populates the address on the Statement of Credit Denial, Termination, or
Change form when it is printed.

To enter the credit denial compliance agency address:

1 Select Utilities > Company Defaults > Denial Letter Address.

2 Enter (or verify) the address and click OK.

Company default information

Specifying default settings for the Servicing Disclosure statement

Use the Servicing Disclosure Info option to enter default settings for the Servicing
Disclosure Statement.

To complete the servicing disclosure information:

1 Select Utilities > Company Defaults > Servicing Disclosure Info.

The

Servicing Disclosure Statement Information dialog box is displayed.

2 Select the applicable options.

3 Click OK.

Entering HMDA registration information

Use the HMDA Register Info option to open the HMDA Loan App Register

Information

applications with the HMDA.

Point User Guide 41

dialog box. This information is stored and is used when you register loan

Utilities configuration

To enter the HMDA registration information:

1 Open a borrower file.

2 Select Utilities > Company Defaults > HMDA Register Info.

Attention

The HMDA Register Info option is not available in prospect files.

HMDA Loan App Register Information dialog box is displayed.

The

3 Enter the lender’s information in the

4 Enter the lender’s name, address, contact person, and contact information in the

Respondent Information section.

5 If the lender is a subsidiary, enter the parent company information in the

Information

6 Enter the year of the report in the

fields.

7 Click OK.

Specifying late document criteria

Use the Docs Due In option to set the default for the number of days after a due date that
a document is considered late.

42 Calyx Software

RespondentID, Ta x ID, Agency, and Code fields.

Parent

section.

ActivityYea r field and complete the Date and Time

Related information

Refer to Chapter 20, HMDA reporting, for more information about
registering loan applications.

Company default information

To specify when a document is considered late:

1 Select Utilities > Company Defaults > Docs Due In.

The

Docs Due In dialog box is displayed.

2 Enter the number of days after a document is requested before it is considered late.

Attention

The value that is specified in this dialog box and date the document was
requested are used to determine whether a document is late when the
Late Documents Report is generated.

3 Click OK.

Printing the Acknowledgement and Agreement clause

The acknowledgement and agreement clause, located in Section IX. Acknowledgement

and Agreement

you can specify that the statement print with the
whether you have a time limit to request the appraisal.

To print the statement when the

1 Open a borrower file.

2 Select Utilities > Company Defaults > Right to Receive Appraisal.

3 Select the

application

printed.

of the Loan Application, is not included in the Point interface. However,

Loan Application. You can also specify

Loan Application is printed:

Print “Right to Receive Appraisal” statement in section IX on the loan

check box to include this statement when the Loan Application is

4 Select either the

written request no later than

receive the appraisal request.

5 If there is a time limit, specify the number of days when the request must be received.

Point User Guide 43

No time limitation to receive appraisal or the We must receive your

check box to specify whether there is a time limit to

Utilities configuration

6 Click OK.

For more information about the Acknowledgement and Agreement
section, refer to the Uniform Residential Loan Application on the Fannie

Mae web site.

Creating dropdown lists

The Dropdown Lists options are used to create default dropdown lists that you can select
from when completing the loan application. Create custom dropdown lists to save time

when you work with frequently-used information. You can enter your branch locations,
employee names, and vendors that you work with regularly. You can also create dropdown
lists that contain tax and insurance rate options.

For example, the Representative list would contain a list of the loan representatives within
your organization; the Taxes list would contain a list of rate options to use to calculate the
property taxes.

You can create the following types of lists:

• Representative names

• Processor names

• Underwriter names

• Document preparer names

• Closer/Funder names

• Shipping companies

• Adjustment type

• Manner in which the property is held

• Employee titles

• Branch office names

• Regional office names

• Division office names

• Team names or departments

• Special document types processed

• Property, city, and state tax rates

• Hazard insurance types

• Mortgage insurance fees

• User-defined fees

• Cardex categories

Related information

44 Calyx Software

Note

The Adjustment Type and Manner dropdown lists contain default values
that are shipped with Point. You can add, edit, and remove options from
these lists as needed.

Creating escrow and title tables

The interface for creating dropdown lists is the same for all options. The Processor option
is used in the following example to illustrate the process:

1 Select Utilities > Dropdown Lists > Processor.

The

Dropdown List: Processor dialog box is displayed.

2 To add an option, click Add to open the

3 Enter a processor name, and click OK.

To edit an option, select the option and click Edit. Modify the processor name in the

Edit Selection dialog box and click OK.

To delete an option, select the option to delete and click Delete.

4 After you are finished adding and editing options, click OK.

Creating escrow and title tables

Use the Escrow Tables and Title Tables options to create tables for standard escrow and
title fees. You can access the tables by clicking the Table button in the
section in the
refinances.

The interface for creating escrow and title tables for purchases and refinances is the
same. For illustration purposes, the Escrow Purchase option is used in the following
example:

1 Select Utilities > Escrow Tables > Purchase.

Good Faith Estimate. Separate tables are used for purchases and

Select Utilities > Title Tables > Lender’s Policy Purchase to create a
lender’s purchase title table dropdown list.

Add Selection dialog box.

Title Charges

Tip

Point User Guide 45

Utilities configuration

2 Click Add.

The Escrow: Purchase dialog box is displayed.

The detail dialog box is displayed.

Tables are numbered automatically when they are created. The table number is
displayed in the dialog box title.

3 To override the default table name, select the numeric name and enter a new name.

4 Select how the fee is to be calculated from the Based On dropdown list.

• If you select Sales Price, the fees are calculated based on the sale price of the

property.

• If you select Loan Amount, the fees are calculated based on the loan amount.

• If you select Appraisal Val, the fees are calculated based on the appraised value of

the property.

5 To round the calculated fee to the nearest dollar amount, select

and enter a value in the tonearest$ field.

Down

Round Up or Round

6 To offset the amount by a value, enter the offset amount in the offset field.

46 Calyx Software

Creating escrow and title tables

7 Click Add to open the Add Range dialog box.

This dialog box is used to enter the formulas for multiple-tiered fees.

8 Enter the fee tier levels in the

Add Range dialog box:

a Enter the maximum tier amount for the option that you selected in Step 4 (sales

price, loan amount, or appraised value) in the

b Enter the base fee for that tier in the

Base field.

c Enter the fee percentage (in decimal format) for that tier in the

Upto field.

Factor field.

d Click OK.

The values that you entered are displayed in the table dialog box.

e Complete the

Add Range dialog box for each tier in the company’s fee structure.

Important

The fees are calculated cumulatively (that is, the base fee from each
previous tier is added to the total fees). Therefore, when you enter
multiple-tiered fees, subtract the previous tier base fee from the base fee
of the tier you are currently adding to determine the amount to enter in
the

Base field.

For example, if the base fee for the first tier of a fee structure is $250 for
a sales price of up to $250,000, enter $250 in the
second tier base fee is $500 for a sales price between $250,001 and
$500,000, subtract the first tier base fee ($250) from the second tier
base fee ($500) and enter the result ($250) in the

Base field. If the

Base field.

Based on the example, your fee table will look similar to the following figure:

Point User Guide 47

Utilities configuration

9 Click OK after you have entered each fee tier.

Caution

If you enter a sales, loan, or appraisal amount in the loan application that
is not defined in one of the tiers, an escrow fee value is not calculated.

10 To designate a table as the default table, select the table from the

dialog box and click Set as Default.

An asterisk is prepended to the table name.

Use the Edit and Delete buttons to modify and delete tables.

Refer to Good Faith Estimate, on page119, for more information about
using the escrow and title tables in the

Setting up a proxy server

Use the TMS Connection Setup option to set up the Transaction Management Server
connection for sending and receiving information to and from third party vendors.

To configure the TMS connection:

1 Select Utilities > TMS Connection Setup.

The

Transaction Management Server Connection dialog box is displayed.

Escrow: Purchase

Related information

Good Faith Estimate.

2 Select the

3 Enter your IP address and port in their respective fields.

4 Complete the

5 Click OK to save the settings.

48 Calyx Software

Use a Proxy Server check box to enable the dialog box fields.

Credentials section with your user ID, password, and domain name.

Tip

Contact the IT support professional in your organization for assistance
with setting up your proxy server.

Communications

Use the Communications option to set the parameters that enable you to send and
receive Point files to and from remote locations. Transferring files is beneficial to
companies with multiple branches that want to share files between offices. A Loan Agent
can start a file in the field by taking the
processor, who can take the file and send out the verifications.

Setting up communications

Use the following steps to set up communications so you can send and receive files to and
from other Point users:

Both computers should be running the same version of Point. They must
have connectivity, either through a modem or a network.

1 Select the Loans tab from the navigation panel.

2 Select Utilities > Communications.

Communications

Loan Application and transferring the file to the

Requirement

Restriction

The Communications menu option is not accessible from an open loan
file.

Communications dialog box is displyed.

The

3 Click Communications... to open the

Communications Settings dialog box.

4 Select the communications port where your modem is connected from the Com Port

dropdown list, select the modem speed from the Baud Rate
to save the changes and return to the

5 The default modem is a Hayes Compatible. To change the default, click Modem.

6 In the

Modem Settings dialog box, select your modem from the dropdown list. The

initialization, auto-answer, and hang-up options change automatically.

Point User Guide 49

dropdown list and click OK

Communications dialog box.

Utilities configuration

7 Click OK to save the changes and return to the Communications dialog box.

8 Click Close in the

Setting up Host mode

Other Point users can send files from other locations to your computer if your computer is
in Host mode. Additionally, other users can obtain files from your computer, or check on
the status of files.

If you have enabled security for your data, any users who try to access your system are
prompted for a user ID and password. When used properly, Host mode can help prevent
costly data entry errors that can occur when data is typed repeatedly.

To set up host mode:

1 Select the Loans tab from the navigation panel.

2 Select Utilities > Communications.

The

Communications dialog box is displyed.

Communications dialog box.

3 Click Host Mode.

Several messages display in the dialog box. When the status reads Waiting for call,
your computer is ready to receive files or allow files to be downloaded.

4 Computers in host mode can print a notification when a file is received. To activate this

option, click the

Host Mode

Auto-print incoming file notification check box in the Data Server

dialog box.

5 To print a copy of the status log, click Print Status Log.

6 To exit host mode, click End Host Mode.

Sending files to a remote host

You can send files from your computer (Local) to a computer at another location (Remote)
if the remote computer is in Host mode.

You can send single files or batches of any size.

To send files to a remote host:

1 Select Utilities > Communications.

50 Calyx Software

The Communications dialog box is displyed.

2 Select Dialing Directory.

The

Dialing Directory dialog box is displayed.

Communications

3 Enter the Remote Host Name. When you make an entry, it is stored in the directory for

future use.

4 Enter the corresponding modem number.

5 To dial the remote host, select the remote host name and click Dial.

Point User Guide 51

Utilities configuration

The Connecting to Remote Host dialog box is displayed.

If any of the data folders on the computer in Host mode have security activated, you
are prompted for a user ID and password.

6 Enter your user ID and password to access the protected data folders.

7 If the values in either the LOCAL Data Folder

you are sending the file) or the REMOTE Data Folder

dropdown list (the data folder from which

dropdown list (the data folder to

which you are sending the file) are incorrect, select the correct data folders.

Attention

If neither computer contains multiple data folders, you can accept the
Primary Data Folder default.

Rebuilding the file lists is not necessary.

8 In the

Upload to Remote Host (send a file) section, click Prospect or Borrower to

access the type of file to send.

9 Select the files to send.

When you select a prospect or borrower file to be sent, all attached files are
automatically sent as well.

10 Click Select All to select and send all the listed files.

A confirmation box is displayed that prompts you to confirm sending the number of
files requested.

11 To initiate another transmission, repeat the process. Otherwise, click Disconnect.

The new files are automatically added to the correct data folder and the prospect or
borrower file list on the Host computer.

52 Calyx Software

Requesting and receiving files from a remote host

You can download prospect and borrower files, as well as all template files. Downloading
template files is an effective way of updating agents and branches with the latest
programs and investor guidelines.

You must know the names of the files you want transferred before you can connect to the
computer in Host mode.

1 Select the Loans tab from the navigation panel.

2 Select Utilities > Communications.

The

Communications dialog box is displayed.

Communications

3 Select Dialing Directory in the

The

Dialing Directory dialog box is displayed.

Connection section.

4 Select the number you need from the list.

If the number you need is not already in the list, you will need to add it.

5 Click Dial.

Point User Guide 53

Utilities configuration

The Connecting to Remote Host dialog box is displayed.

If any of the data folders of the computer in Host mode have security activated, you
are prompted for a user ID and password.

6 Enter your user ID and password to access the protected data folders.

7 If the values in either the LOCAL Data Folder

you are sending the file), or the REMOTE Data Folder

dropdown list (the data folder from which

dropdown list (the data folder to

which you are sending the file) are incorrect, select the correct data folders.

Attention

If neither computer contains multiple data folders, you can accept the
Primary Data Folder default.

Rebuilding the file lists is not necessary.

8 In the

Download to Local Workstation (get a file) section, click Prospect or Borrower

to access the type of file to send.

9 Enter the complete file name. The file extension is not necessary.

10 Click Select All If you are downloading template files (such as a loan program or

closing cost scenario).

This option is useful if your main office wants to update all agents or branch offices
with consistent information. You can also choose to Replace All existing template
files.

11 Click OK to continue.

The

Data Transfer Status dialog box narrates the modem transfer.

12 To initiate another transmission, repeat the process. Otherwise, click Disconnect.

54 Calyx Software

The new files are automatically added to the correct data folder and to the prospect or
borrower file list on the computer in Host mode.

Related information

For information about creating a remote host, refer to Sending files to a

remote host, on page50.

Checking borrower status from a remote location

Checking borrower status from a remote location is an excellent tool for mobile loan
agents who need access to loan status after business hours. It is also a time saver for
busy processors who cannot afford to spend time on the phone.

When someone requests the status for a specific borrower file, the file is transferred and
immediately displayed in a status dialog box.

The status record is viewable and printable, and contains the following:

• Current tracking sheet

• Conditions

• Agent Information list

• Conversation log information

Communications

Requesting file status from a remote location

You must know the names of the files you want to transfer before you connect to the
computer in Host mode. To request file status from a remote location:

1 Select the Loans tab from the navigation panel.

2 Select Utilities > Communications.

The

Communications dialog box is displyed.

3 Select Dialing Directory in the

Connection section.

Point User Guide 55

Utilities configuration

4 Select the number you need from the list.

5 Click Dial.

The Dialing Directory dialog box is displayed.

If the number you need is not already in the list, you will need to add it.

The

Connecting to Remote Host dialog box is displayed.

If any of the data folders on the computer in Host mode have security activated, you
are prompted for a user ID and password.

6 Enter your user ID and password to access the protected data folders.

56 Calyx Software

Specifying search fields and result format

7 If the values in either the LOCAL Data Folderdropdown list (the data folder from which

you are sending the file), or the REMOTE Data Folder

dropdown list (the data folder to

which you are sending the file) are incorrect, select the correct data folders.

Attention

If neither computer contains multiple data folders, you can accept the
Primary Data Folder default.

Rebuilding the file lists is not necessary.

8 Click Check Borrower Status and type the file name of the borrower.

9 Click OK to send the request.

The

Borrower Status dialog box is displayed. The status dialog box contains the

following information:

• Current tracking sheet

• Conditions

• Agent information list

• Conversation log for the requested file

10 Use the scroll bars to view the entire status report or click Print to print a copy with

automatic page breaks.

11 Click Close to return to the

Connecting to Remote Host dialog box.

Specifying search fields and result format

Use Search/Display Settings option to specify how the search results are displayed
when performing searches from the navigation panel.

The following options are available from the

• Search Loan Settings

• Auto Display Options

• Extended Search Options

Use the Search Loan Settings tab to specify which fields are included in the search results
and the order in which they are listed in the

Customize the search function in the
removing, or re-ordering the search results on the navigation panel.

To format the search results:

1 Select Utilities > Search/Display Settings.

Search/Display Settings dialog box by adding,

Search/Display Settings dialog box:

Loan Search Results screen.

Point User Guide 57

Utilities configuration

2 In the Search Loans Settings tab:

3 Click the Auto Display Options tab.

The Search/Display Settings dialog box is displayed with the Search Loan Settings
tab selected.

• Select the fields to display by using the Add and Remove options.

• Change the sequence they are displayed by using the Move Up and Move

Down options.

• Revert to the default settings by clicking Use Defaults.

4 In the Auto Display Options tab, select

each of the top three sections, then

Search

58 Calyx Software

section.

Never or Always refresh for the latest results for

Off or Search for all records in the Cardex Default

Creating custom screens

5 Click the Extended Search Options tab.

6 Select the data folders where you want the search to take place.

To select all data folders, click Select all. To remove all folders, click Deselect all.

7 Click OK to save your settings.

Creating custom screens

Use the Custom Screen Settings option to create company-specific fields that are not
included in Point. It is possible to create up to four customized screens that can each
contain up to 25 fields of information.

To create a custom screen:

1 Select Utilities > Custom Screen Settings.

2 Select the custom screen you want to create or edit from the dropdown list.

3 In the

ScreenName field, enter a name for the screen.

4 Select Field 1, or the first undefined field and enter a title in the

5 To format the field content, select the field type from the dropdown list.

• To create a date field, select Date from the dropdown list. When information is

entered into the
date (MM/DD/YYYY).

• To create a title for the form or a section heading that does not have a data entry

field, select Disabled from the dropdown list.

Point User Guide 59

FieldName field.

Date field in the custom screen, it is automatically formatted as a

Utilities configuration

• To create a dropdown list, select Dropdown List and enter the list items in the

Dropdown field.

6 Repeat Step 4 and Step 5 for any additional fields to include in the screen.

7 Click OK to save your settings.

To access custom screens:

1 Open a prospect or borrower file.
2 Select Forms > Custom Screens.

Customizing the shortcut toolbar

Customize the shortcut toolbar to arrange it in a way that is most convenient for you to
access forms.

To customize the shortcut toolbar:

1 Select Utilities > Customize Shortcut Toolbar.

The

Setup Shortcut Toolbar dialog box is displayed.

Tip

2 Select the file type for this arrangement from the dropdown list.

3 Use the following controls to further define the shortcut toolbar:

• In the List Layout section, arrange the sequence of the list by using the move

buttons. Select the form to move and click Move Up, Move Down, Move to
Bottom, and Move to Top.

• In the Options section, select the Smart List: Most recently accessed form moves

to top of list

list.

• Click Sort List to sort the list alphabetically.

60 Calyx Software

check box to place the most-recently accessed forms at the top of the

Specifying the default DOS directory location

• Select the Show Scrollbar check box to include a scroll bar in the list.

• Click Load Default to restore the original default settings.

4 Click OK.

Specifying the default DOS directory location

Use the Point/DOS Directory option to change the default directory where DOS files are
stored when importing and exporting files.

To change the default DOS directory:

1 Select Utilities > Point/DOS Directory.

The

POINT for DOS Data Directory dialog box is displayed.

2 Enter the directory where DOS files are located for importing and exporting.

3 Click OK.

Customizing screen colors

Use the Screen Colors option to customize your Point interface with different colors.

To set the screen colors:

1 Select Utilities > Screen Colors.

The

Screen Colors dialog box is displayed.

2 In the

Point User Guide 61

Set Color of section, click the button that corresponds to the item to change.

Utilities configuration

3 Select a color from the chart or create your own by selecting Define Custom Colors

The Color dialog box is displayed.

and click OK.

4 To restore to the original default colors, click Use Default Colors in the

Colors

dialog box.

5 Click OK.

Specifying the default web browser

Use the Web Browser option to specify the default web browser for Point to use when
accessing the internet.

To set the default web browser:

1 Select Utilities > Web Browser.

The

Find A Web Browser dialog box is displayed.

2 Click Browse to navigate to the web browser executable file.

Screen

3 Select the file and click OK.

62 Calyx Software

Recommendation

Calyx recommends that you use Microsoft Internet Explorer as your
default browser.

Naming files automatically

Use the Auto File Naming option to enable Auto File Naming and to specify the
parameters that Point will use when Auto File Naming is enabled. Assigning automatic
names to files prevents the accidental overwriting of filenames. You can specify different
parameters for borrower and prospect files.

You must enable Auto File Naming to import a batch of files into Point.

The interface to set auto file naming for prospects and borrowers is the same. Borrower is
used to illustrate the process in the following example:

1 Select Utilities > Auto File Naming > Borrower.

The

Borrower Auto File Naming dialog box is displayed.

Naming files automatically

Requirement

2 Select the Enable Auto File Naming check box.

3 To include a custom prefix in your file names, select the

Use Prefix check box and

enter a numeric prefix of up to 10 characters.

4 Specify the date settings.

a To use the date or partial date in your file name, select the corresponding check

box for

b Select

Year, Month, and Day.

1-digit, 2-digit, or 4-digit to specify the format for the year and month.

Requirement

For Auto File Naming to function properly, the prefix must be numeric
and the 2-digit option must be selected for the month parameter.

Point User Guide 63

Utilities configuration

5 Select the number of digits to append to the file name from the Counter dropdown list.

To generate automatic MERS MIN Numbers for your files, the file name
cannot exceed ten characters.

6 Click OK.

Saving files automatically

Enable the Auto Save option to automatically save loan files when you switch screens
and before printing.

1 Select Utilities > Auto Save.

The

Auto Save dialog box is displayed.

Attention

2 Select Yes to enable Auto Save.

3 Click OK.

Generating the Mortgage Identification Number automatically

Use the Auto MIN Generation option to automatically generate the Mortgage
Identification Number.

To automatically generate the MERS MIN:

1 Select Utilities > Auto MIN Generation.

The

MERS Mortgage Identification Number Setting dialog box is displayed.

2 Select the

generation.

64 Calyx Software

Automatically generate MIN check box to enable automatic MIN

3 Enter your 7-digit organizational identification number In the Organizational

Identification Number field and click OK.

To override automatic MERS MIN generation for a specific field, select
the lock box

For more information about MERS, refer to www.mersinc.org.

Enabling autofill options

Save time when you enter addresses by setting the Zip Code Options to auto-populate
the associated

To enable the auto fill options:

City, County, and State fields when you enter a ZIP code.

Enabling autofill options

Tip

next to the field.

Related information

1 Select Utilities > Zip Code Options.

The

Zip Code Options dialog box is displayed.

2 To autopopulate the

City, County, and State fields, select the Automatically fill city/

state/county based on zip code

3 Select the

state in all capital letters.

4 Click OK.

Use all caps for city/state/county check box to display city, county, and

Identifying fields and field IDs

Field IDs are used when importing and exporting data, creating custom forms, and
creating report templates.

The following methods are available from the Utilities menu to identify fields:

check box.

Enable Field pop-up help

Use the Enable Field Pop-up Help option to cause the field name and ID to pop
up when you hover the cursor over the field.

Displaying field IDs

Use the Display Field ID option to enable Point to display the selected field ID in
the task bar at the bottom of the workspace.

Point User Guide 65

Utilities configuration

Loading field IDs

Use the Load Field IDs option to load the field IDs into the fields of an empty
borrower or prospect file.

Tip

In addition to using the Utilities functions to identify field IDs, Point also
includes a Microsoft Excel file that contains a comprehensive list of field
IDs and the screens where they are located. The file, FieldID.xls, is stored
in the WINPOINT directory.

66 Calyx Software

Loan file overview

Point provides a set of forms for prospects and a set of forms for borrowers. Prospect files
are used for potential customers and borrower files are used for actual loans that are
being processed. Prospect files contain most of the marketing tools, preliminary
disclosures, and processing forms that you need.

4

A prospect file is easily converted to a borrower file after the prospect signs a

Application

origination through to submission to the underwriter.

Even though Point does not provide closing documents, it does provide interfaces with
vendors that do provide them.

The main difference between prospect and borrower files is that borrower files include the
following:

• Verification forms

• Submission forms

• Transmittal forms

• Access to the Banker screens

• Additional Tracking functions

. Borrower files contain the forms needed to process your loan from

In this topic

• Loan file creation

• Saving loan files

• Searching for loan files

• Moving loan files

• Deleting loan files

• Linking first and second mortgage files

• Archiving loan files

• Rebuilding lists

• Swapping and deleting prospects, borrowers, and co­borrowers

• Print and e-mail options

Loan

Loan file creation

The following methods are possible for creating new loan files:

• Create from a template

• Create from a blank file

• Convert an existing prospect file to a borrower file

• Duplicate an existing prospect or borrower file

• Use Save As to copy an existing prospect or borrower file

67

Loan file overview

Creating new prospect loan files

New prospect loan files are created from a blank file or by using a master template.

To create a new prospect file from a template or blank file:

1 Select the Loans tab from the navigation panel.

2 Select the data folder where you want to store the file from the dropdown list.

3 Select

Prospect.

4 Click the New button or select File > New > Loan > Prospect... to open the

New Loan File

dialog box.

5 Select the source of the new prospect file:

• To create a loan file with no data, select New Blank File.

• To create a loan file from a template, select New File from Master Template and

select the template to use from the list.

Create

Tip

If you select the New File from Master Template option, the template that
was used last is preselected.

6 Click OK.

• If you selected New Blank File, a blank prospect file is created. The file

automatically opens to the

• If you selected New File from Master Template, a prospect file that contains the

data from the template you selected is opened to the

Prospect Information screen.

Prospect Information

screen.

Related information

• Refer to Borrower and prospect information screens, on page151,
for information about the

• For information about creating templates, see Creating master file

templates, on page357.

68 Calyx Software

Prospect Information screen.

Creating new borrower loan files

New borrower loan files are created from a blank file, by copying an existing prospect file,
or by using a master template.

To create a new borrower file from a template, blank file, or existing prospect file:

1 Select the Loans tab from the navigation panel.

2 Select the data folder where you want to store the file from the dropdown list.

Loan file creation

3 Select

Borrower.

4 Click the New button or select File > New > Loan > Borrower... to open the

New Loan File

dialog box.

5 Select the source of the new borrower file:

• To create a loan file with no data, select New Blank File.

• To create a loan file from an existing prospect file, select New File from Prospect

.

File

Create

• To create a loan file from a template, select New File from Master Template and

select the template to use from the list.

Point User Guide 69

Important

Changes to DRE regulations required the removal of one set of user­defined fields in the Payment of Other Obligations list on both MLDS
screens. Therefore, if you create a new loan file from an existing prospect
file that was created in an earlier Point version, any data that was in the
fields that were removed is lost. To include those obligations in the new
loan file, you must combine the additional obligations and enter the total
in the remaining user-defined field manually.

Tip

If you select the New File from Master Template option, the template that
was used last is preselected.

Loan file overview

6 Click OK.

• If you selected New Blank File, a blank borrower file is created. The file

automatically opens to the

• If you selected New File from Prospect File, the Search Loans dialog box is

Borrower Information screen.

displayed.

a Specify your search criteria and click Search.

The prospect files that match your search parameters are displayed.

b Select the prospect file from the list, and click OK.

A new borrower file that contains the data from the prospect file is created.
The file automatically opens to the

• If you selected New File from Master Template, a borrower file that contains the

data from the template you selected is opened to the

Borrower Information screen.

Borrower Information

screen.

Related information

• For information about searching for prospect files, refer to Searching

for prospect and borrower files, on page75.

• Refer to Borrower and prospect information screens, on page151,
for information about the

• For information about creating templates, see Creating master file

templates, on page357.

Borrower Information screen.

Duplicating loan files: Copy

The Copy method for duplicating prospect and borrower loan files copies the Loan

Application

existing information for repeat loans or second mortgages.

To duplicate prospect and borrower files by using the Copy function:

1 Select the Loans tab from the navigation panel.

2 Perform a search for the loan file that you want to copy.

3 Select the loan file that you want to copy and click Copy or select File > Copy >

Selected items....

and all the associated documents into a new file. Use this method to reuse

Use the duplication process to create duplicate files or copy or move files
from floppy disks.

Changes to DRE regulations required the removal of one set of user­defined fields in the Payment of Other Obligations list on both MLDS
screens. Therefore, if you create a new loan file from a loan file that was
created in an earlier Point version, any data that was in the fields that
were removed is lost. To include those obligations in the new loan file,
you must combine the additional obligations and enter the total in the
remaining user-defined field manually.

Tip

Important

70 Calyx Software

The Copy Prospect (or Copy Borrower) dialog box is displayed.

Loan file creation

4 Select a data folder, the file type (

Prospect or Borrower), and specify one of the

following file naming conventions:

Preserve

Retains the original file name. This option is available only if you are copying a
borrower file from a prospect file, or a prospect file from a borrower file.

Auto Filename

Use the automatic file naming convention that is specified for the selected data
folder.

Manual Naming

Enter a name of your choice in the

Rename File dialog box, which is displayed

when you click OK.

5 To copy only the

loan including co-borrowers

In addition to the

Loan Application, check the Copy only 1003 data to start a new

check box.

Loan Application, the following items are duplicated in the new

loan when this option is selected:

• User-defined miscellaneous items

• Due date calculations that are defined in the Miscellaneous Items section of the

Status and Checklist screen

• The loan representative who is identified in the Borrower Information screen

• The processor who is identified in the Borrower Information screen

6 Click OK to complete the copy process and click Yes when prompted to confirm the

copy.

Point User Guide 71

Related information

• For information about how to specify the auto file naming
parameters and enable auto file naming, refer to Naming files

automatically, on page63.

• Refer to Searching for prospect and borrower files, on page75, for
information about searching for loan files.

• Refer to Chapter 10, Loan tracking, for information about the loan
checklist, basic documents, and miscellaneous items.

Loan file overview

Duplicating loan files: Save As

The Save As method for duplicating prospect and borrower loan files copies only the loan
file into a new file. The Save As method does not copy any documents that were
generated by using one of the interfaces, such as a credit report or an appraisal.

To duplicate prospect and borrower files by using the Save As function:

1 Open the loan to use as the source. The source loan file must be a previously saved

loan.

Changes to DRE regulations required the removal of one set of user­defined fields in the Payment of Other Obligations list on both MLDS
screens. Therefore, if you create a new loan file from a loan file that was
created in an earlier Point version, any data that was in the fields that
were removed is lost. To include those obligations in the new loan file,
you must combine the additional obligations and enter the total in the
remaining user-defined field manually.

2 Select File > Save As.

The

Save As dialog box is displayed.

Important

3 Select a data folder and the file type (

4 By default, the

are disabled if auto file naming is turned on for the selected folder.

• To automatically name the file by using the automatic file naming convention that

is specified in the auto file naming function, leave the
check box selected.

• To specify a file name of your choice, uncheck the Use Auto File Naming check

box to enable the file naming fields.

– Type the file name in the
– Select a file type from the Save as type dropdown list.

72 Calyx Software

Prospect or Borrower).

Use Auto File Naming check box is selected and the file naming fields

Use Auto File Naming

Filename field.

Loan file creation

5 To copy only the Loan Application, select the Carry over 1003 data to start a new

check box.

loan

In addition to the

Loan Application, the following items are duplicated in the new

loan when this option is selected:

• User-defined miscellaneous items

• Due date calculations that are defined in the Miscellaneous Items section of the

Status and Checklist screen

• The loan representative who is identified in the Borrower Information screen

• The processor who is identified in the Borrower Information screen

6 Click Save to save the file in the default loan file directory.

To save the file in a different location, click the Browse Other Location button.
Navigate to the new directory and click Save.

• For information about how to specify the auto file naming
parameters and enable auto file naming, refer to Naming files

automatically, on page63.

• Refer to Chapter 10, Loan tracking, for information about the loan
checklist, basic documents, and miscellaneous items.

Creating new co-borrower loan files

Co-borrower files are generally used for applicants who are not married to each other.

Related information

A maximum of five co-borrowers are allowed per loan. Co-borrower applications are
saved under the primary borrower file name with the

.cbx

extension. The “x” in the
extension denotes the co-borrower number. For example, the extension for the first co­borrower on a loan is

.cb1

, the second co-borrower,

.cb2

, and so on.

To create a co-borrower file:

1 Create or open a prospect or borrower file.

2 Select Bor/Co-Bor > Co-Borrower x.

Tip

As a general rule, use Bor/Co-Bor when two or more people are buying
the same property.

Point User Guide 73

Loan file overview

The Create New Loan File dialog box is displayed.

3 Select the source of the new co-borrower file and click OK.

The file automatically opens to the

Co-Borrower Information screen.

Saving loan files

To save prospect and borrower files:

Select File > Save or click the Save icon on the toolbar.

Tip

To view combined debt-to-Income ratios, use the Combined

Transmittal Summary

It is accessible from the shortcut toolbar or by selecting Forms >
Transmittal Summary > Combined Transmittal Summary.

in the primary borrower file.

Related information

• Refer to Creating new prospect loan files, on page68, and Creating

new borrower loan files, on page69, for information about the

options that are available for selecting source files.

• For more information about adding unmarried co-borrowers, see
Knowledge Base article #0058 Adding non-married or non-occupant

Co-Borrowers.

Files are saved in the following formats:

File type Extension Location

Prospect .

Borrower .

Co-Borrower

74 Calyx Software

prs

brw

.cbx

c:\PNTDATA\Prospect\pointfile.prs

c:\PNTDATA\Borrower\pointfile.brw

c:\PNTDATA\Borrower\pointfile .cbx

You can also set parameters to have Point assign a sequential filename by using the auto
file naming feature.

Related information

For more information about setting the auto file naming parameters, see

Naming files automatically, on page63.

Saving loan files as Point compressed files (.pcfs)

If your e-mail program does not work with Point (for example, a web-based e-mail
account), save data files in Point Compressed File (
attachment.

Searching for loan files

.pcf

) format to e-mail as an

To save files in

.pcf

format:

1 Open a prospect or borrower file.

2 Select File > E-Mail > Point Data File.

3 In the

4 In the

Email Point Data File dialog box, enter a password and click Save as PCF...

Save As dialog box, select a location, enter the filename, and click Save.

5 Send the e-mail as an attachment from your e-mail application.

Related information

For more information about saving data files as
Base article #0102 Saving Point attachments from e-mail.

Searching for loan files

Use the search function to locate prospect and borrower files.

Searching for prospect and borrower files

To search for prospect or borrower files:

1 Select the Loans tab from the navigation panel.

.pcf

files, see Knowledge

2 Select the data folder you want to search in from the Data Folder dropdown list.

3 Choose the file type (

4 Specify the Search By criteria from the dropdown lists.

The first dropdown list specifies what field to search in, such as the borrower’s last
name field or the loan status field.

The second dropdown list specifies how to search:

Begins with

Searches for any records that begin with the specified text in the selected field.

For example, a Last Name search for “smi” will produce all records with last
names that begin with “smi”; Smith, Smitty, Smithson, and so on.

Matches with

Searches only for records that are an exact match with the specified text in the
selected field.

Point User Guide 75

Prospect or Borrower).

Loan file overview

For example, a Last Name search for “smi” will produce only borrowers with Smi
as their last name. To search for a John Smith, you must enter “Smith” to produce
all borrowers with the last name of Smith.

5 Click Search.

The files that match the search criteria are displayed in the workspace.

Searching for co-borrower files

To search for co-borrower files:

1 Select the Loans tab from the navigation panel.

2 Select the data folder or folders you want to search from the Data Folder dropdown

list.

3 Choose the file type (

4 Click List Co-Borrowers.

The co-borrowers stored in the selected data folder are listed in the workspace.

Searching in multiple data folders

Use the advanced search feature to search in multiple data folders, including PDS data
folders if you run Point Data Server. More field options are also available in the Search by
dropdown list when doing an advanced search.

To perform an advanced search:

1 Select the Loans tab from the navigation panel.

Prospect or Borrower).

76 Calyx Software

2 Click Advanced Search to open the Advanced Search dialog box.

Moving loan files

3 Click the data folder or folders that you want to search in from the Data Folders list.

Click Select All to search in all data folders.

4 Choose the file type.

You can search in both prospect and borrower files.

5 Specify the Search By criteria from the dropdown lists.

6 Click Search.

The files that match the search criteria are listed in the workspace.

Moving loan files

Moving loan files in Point

Manage your files more efficiently by moving prospect and borrower files into other folders
and groupings.

To move prospect and borrower files:

Related information

Refer to Step 4 in Searching for prospect and borrower files, on page75,
for detailed information about specifying search criteria.

1 Select the Loans tab from the navigation panel.

2 Perform a search.

The files that match your search criteria are displayed in the workspace.

3 Select the file to move.

Point User Guide 77

Loan file overview

4 Click the Move button on the workspace.

5 The

Move Borrower (or Move Prospect) dialog box is displayed.

6 Select a data folder, the file type (

Prospect or Borrower), and specify one of the

following file naming conventions:

Preserve

Retains the original file name. This option is available only if you are moving a
borrower file from a prospect file or a prospect file from a borrower file.

Auto Filename

Use the automatic file naming convention that is specified for the selected data
folder.

Manual Naming

Enter a name of your choice in the

Rename File dialog box, which is displayed

when you click OK.

7 Click OK to complete the move process and click Ye s when prompted to confirm the

move.

Related information

• For information about how to specify the auto file naming
parameters and enable auto file naming, refer to Naming files

automatically, on page63.

• For more information about searching for loan files, see Searching

for prospect and borrower files, on page75.

• You do not need to rebuild your lists when you move or copy files.
Refer to Rebuilding lists, on page82, for more information about
rebuilding lists.

Moving and copying loan files from an external source

If you receive a Point loan file from an external source, you must move it or copy it into
your Point system before you can access it.

The interface for copying and moving prospect and borrower files is the same. The copy
borrower method is used to illustrate the process in the following example:

1 Click the Loans tab.

2 Click Copy or select File > Copy > Borrower from Specified Location.

78 Calyx Software

Deleting loan files

3 The Copy Borrower and Prospect dialog box is displayed.

4 Click Browse to navigate to the location of the data folder that you want to move or

copy into your Point files.

5 Select a data folder, the file type (

following file naming conventions:

Preserve

Retains the original file name.

Auto Filename

Use the automatic file naming convention that is specified for the selected data
folder.

Manual Naming

Enter a name of your choice in the
when you click OK.

6 Click OK to complete the process.

Deleting loan files

To delete prospect or borrower files.

Prospect or Borrower), and specify one of the

Rename File dialog box, which is displayed

Related information

For information about how to specify the auto file naming parameters
and enable auto file naming, refer to Naming files automatically, on
page63.

1 Select the Loans tab from the navigation panel.

2 Perform a search to locate the file to delete.

Point User Guide 79

Loan file overview

The Loan Search Results screen is displayed.

3 Select the file that you want to delete.

Warning

When you delete a file from Point, it is permanently removed. Point does
not have a recycle bin.

4 Click the Delete button and click Yes to confirm the deletion.

Linking first and second mortgage files

If you have a first or second loan in process for the same borrower, you can link the two
files to synchronize the data. You can link to an existing second loan or you can create one
during the linking process.

Linking from an existing first loan file

To link a second loan file to a first loan file, you can either create a new second file at the
time you are linking the files together, or you can link to an existing second file.

To create and link a new second loan file from a first loan file:

1 Open a prospect or borrower file.

2 Select File > Subordinate Financing > Create New Second Mortgage File.

The

Create and Link to New Second Mortgage dialog box is displayed.

80 Calyx Software

Linking first and second mortgage files

3 To name the second mortgage file manually, disable Auto File Naming by unchecking

Use Auto File Naming check box and entering the file name manually in the File

the

field.

Name

4 Click Save.

The link between the two files is established. A dialog box prompts you to open the
second file.

To link two existing loan files:

1 Open the first loan file.

2 Select File > Subordinate Financing > Link to Existing Second Mortgage.

The

Search & Select a File to Link to dialog box is displayed.

3 In the

Search By fields, enter the search criteria for the second loan.

4 Click Search.

The loans that meet the search criteria are displayed.

5 Select the loan you want to link and click OK.

The

Link to Existing Second Mortgage dialog box is displayed.

Point User Guide 81

Loan file overview

6 Click OK to confirm.

The loans are linked and data is synchronized between the two. The first and second
loan toggle buttons are added to the shortcut toolbar.

Click the First Mtg and Second Mtg buttons to toggle between the primary and
secondary loans.

Archiving loan files

If you are finished with a file and want to archive it without completely removing it from
your records, move it into its own archive folder. For example, you might want to create an

archive folder called Closed Loans.

Rebuilding lists

Point maintains an internal list of loan files to make searches faster. During normal use the
system stays up to date. However, Point cannot keep track of loan files that were moved

or copied with external programs such as Windows Explorer. If you have moved or copied
Rebuild List feature.

Related information

• For information about specifying search criteria for a file search, see

Searching for loan files, on page75.

• It is also possible to link to a first mortgage file from a second
mortgage file. Refer to Creating a new first mortgage with a new or

existing second, on page280, for more information.

Related information

To create an archive folder, refer to Creating new data folders, on
page466, for more information.

82 Calyx Software

Requirement

If you are running PDS, you must have local data folder access to use the
Rebuild Lists function.