Document preparation service GuardianDocs, a division of Denver, Colorado-based domestic-based end-to-end mortgage services provider LenderLive Network, is seamlessly integrated with Calyx Software, a Dallas, Texas-based mortgage solutions provider for banks, credit unions, mortgage bankers, and brokers, according to an announcement from LenderLive Network.
The transition allows users of Calyx Point to order and complete initial disclosures and closing packages without leaving Point. GuardianDocs has created a complete interface for Calyx Point (using Calyx's DirectConnect integration portal) to streamline the ordering process and support the generation and fulfillment of application disclosures and the closing package. With the new interface, users no longer have to log out of the loan originating system (LOS) to re-key information critical to completing the document order on another website.
All data is transferred to GuardianDocs when it lenders order disclosures and closing documents within Calyx Point. If no data is missing, documents come back complete and are instantly placed in Calyx's eLoan file document repository. Lenders who have used the new Guardian Docs-Calyx Point interface say the entire ordering process takes three to four minutes – a reduction of at least 60 minutes per file when compared with those using a partial interface.
"Data integrity is essential to create compliant documents and to have a true system of record; the LOS should house the source data, rather than your doc provider’s website. This will take on even greater importance in the new TRID environment," said Jonathan Kunkle, president of GuardianDocs. "Our partnership with Calyx has allowed us to build a DirectConnect interface that streamlines document ordering and management, removes duplicative data entry, and eliminates steps that can create errors. As a result, users will see significant productivity gains and have greater assurance of compliance."
Using the new interface, if data required to prepare the documents is missing, the lender is alerted via integrated messaging that data is missing, and they are able to enter it in the messaging utility of the Calyx system.
"GuardianDocs has developed the tightest integration of any vendor using our DirectConnect platform," said Dennis Boggs, EVP of business development for Calyx. "We are pleased to work with a cutting-edge document services and technology provider like GuardianDocs to build an advanced interface that allows our lender clients to order and complete their initial disclosures and closing packages without ever having to leave our system."