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Lender, Wholesaler Announce Integration

Plaza Home Mortgage, Inc., a wholesale and correspondent mortgage lender, has announced new integrations with Calyx Wholesaler MarketPlace that are designed to create an even more seamless experience for brokers using this portal. 

Specifically, Plaza Home Mortgage will be the first wholesale lender in Calyx Wholesaler Market Place to deliver rate lock confirmations back to brokers through the portal and into their loan origination system. The company will now also accept and manage verification of asset (VOA) data collected via the Calyx Zip borrower online interview and uploaded by the broker to Plaza with one click.

“Our new integrations in Calyx Wholesaler Marketplace will streamline the delivery of rate lock confirmations and alleviate the need for brokers to continually update bank statement documentation throughout the underwriting process,” said Jeff Leinan, EVP, National Wholesale Production at Plaza Home Mortgage. “Calyx Wholesaler Marketplace was designed to give brokers new choices in terms of technology and to make it easier for them to work with their preferred wholesalers. Our new functionality builds on this promise.”

Calyx Wholesaler MarketPlace enables mortgage brokers to connect with wholesale lenders via a single portal and is integrated with Calyx Point, the dominant LOS of choice among mortgage brokers. It is also a key feature of NAMB All-In, the cloud-based platform made available for free to National Association of Mortgage Brokers (NAMB) members. Brokers can connect with a participating lender directly from their LOS, submit a loan file, transfer borrower-authorized, digital bank statement data and receive rate lock confirmation. The loan application and digital bank statement data are transferred automatically, without the broker having to export a FNMA 3.2 file and upload it manually to the lender’s website or continue to collect updated bank statement documentation throughout the loan process.

About Author: Mike Albanese

Mike Albanese is a reporter for DS News and MReport. He is a University of Alabama graduate with a degree in journalism and a minor in communications. He has worked for publications—both print and online—covering numerous beats. A Connecticut native, Albanese currently resides in Lewisville.
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