#United States #Washington #RegCheck #Calyx Path #Asurity

Transforming Mortgage Compliance with Innovation

In today's fast-paced lending environment, the need for efficient compliance checks has never been greater. Recognizing this demand, Asurity Technologies, LLC®, a prominent name in mortgage compliance technology, has successfully integrated its real-time compliance solution, RegCheck®, with Calyx Path®, a robust loan origination system (LOS) designed for banks, credit unions, and mortgage brokers. This strategic collaboration aims to empower lenders with a streamlined approach to compliance management, significantly improving their operational efficiency.

A New Era of Efficiency in Loan Processing

The partnership brings forward a significant enhancement for users of Calyx Path, who can now initiate compliance checks directly within the LOS. The integration of RegCheck allows lenders to quickly assess compliance across their loan files, ensuring that any potential issues are identified and addressed promptly. This level of efficiency is crucial for maintaining momentum in loan processing, ultimately facilitating quicker closings and enhanced service delivery to clients.

Julia Sweeney, the Executive Vice President of Software Products at Asurity, remarked on the importance of automation in the lending process. "Today's lenders need more than speed - they require intelligent automation to maintain confidence in every loan they process. By seamlessly integrating RegCheck into Calyx Path, we enable lenders to spot and rectify compliance issues earlier in the process, which is vital for closing loans in a timely manner."

The Features Behind RegCheck

Asurity’s RegCheck provides a suite of features that simplify compliance management:

• - Customizable Audit Reports: Users can generate tailored reports that allow for quick reviews focused on specific areas of concern.
• - Concise Results with Direct Citation Links: This feature provides clear compliance outcomes with immediate references, facilitating faster resolutions for any identified issues.
• - Real-Time Data Parsing: RegCheck processes compliance data in real-time, presenting this information in an easily digestible format, reducing the complexity typically associated with regulatory requirements.
• - Targeted Testing Capabilities: Users can concentrate on the compliance areas that matter most for their operations, further streamlining the process.

The integration of these features ensures that lenders are not only compliant but also confident in their operations, significantly reducing the risk of regulatory breaches.

Calyx's Perspective

Joy Ziminskas, Director of Sales & Business Development at Calyx, expressed enthusiasm for the new capability offered to Path users. "Integrating RegCheck introduces a vital layer of efficiency and oversight to compliance efforts. It offers lenders an effective way to navigate the increasingly complex regulatory landscape while maintaining high service levels."

About Asurity

Asurity is dedicated to providing both technology and advisory solutions that empower mortgage lenders and financial institutions to navigate challenging regulatory terrains with ease. With platforms like Propel™, which supports document generation, alongside RegCheck®, the company fortifies its clients against compliance risks while driving operational efficiency. Asurity's reputation is bolstered by its commitment to delivering comprehensive support through its ecosystem, comprising expert consulting and ongoing professional development across the finance industry.

About Calyx

Calyx stands as a time-honored provider of mortgage software solutions that are integral to banks and credit unions nationwide. The company's innovative technology not only streamlines the loan origination process but also enhances customer experiences through integrated services that support various workflows. Calyx’s commitment to digital transformation in the mortgage sector positions it as a crucial player in delivering solutions designed to maximize profitability and efficiency.

Conclusion

The partnership between Asurity and Calyx marks a remarkable step forward in the mortgage industry, as it combines innovative technologies to meet the growing demands for compliance efficiency. By equipping lenders with advanced tools to simplify and expedite compliance checks, this collaboration is set to reshape the landscape of mortgage processing for years to come. As regulatory frameworks evolve, such integrations will be essential in ensuring sustainability and success in the finance sector.