Burlingame, CA (PRWEB) April 30, 2014 -- PointServ, a provider of end-to-end borrower financial document sourcing for the mortgage industry, announced that its proprietary sourcing platform, InstantSOURC™, has been integrated with Calyx’s proprietary POINT℠ platform. The InstantSOURC™ technology allows for borrower financial documents such as W2s, bank statements, filed tax returns, and pay-stubs to be requested and delivered instantly from the original source to the Point™ platform.
Calyx’s™ interface with PointServ’s InstantSOURC™ platform enables for a seamless delivery of financial documents without borrower intervention. As a result, the consistency and validity of document authenticity is beyond question. This new technology helps lenders eliminate the time consuming process of gathering, then validating borrower documents resulting in faster turn-around times for pre-approvals and full-cycle loan processes.
"Lenders are increasingly turning to technology to speed up labor intensive manual processes. Removing the days’ long process of physically collecting and validating financial documents is a natural next step to improving the loan document process," said William Gould, Director of Sales at PointServ. "The integration between InstantSOURC™ and Calyx's Point™ system enables the timely delivery of certified borrower information so that lenders can make lending decisions faster and more accurately. Eliminating manual steps in the data exchange process reduces errors, mitigates risk, saves money and ultimately drives profitable loan sales to investors.
"The partnership with Calyx is a natural and strategic fit between our two platforms, and adds significant technological value," said Iordan Gavazov , CEO of PointServ. "Utilizing this integration, it's extremely easy for our common clients to access critical financial information that is guaranteed to be valid due to the unique access sourcing that PointServ provides."
PointServ, Inc. is the leading provider of certified borrower documents and verification services for the mortgage industry in the United States. The company develops and offers innovative technologies and services to help mortgage lenders, bankers and financial institutions process loan applications faster, better and more efficiently. PointServ’s products solve problems in the lending industry resulting in better customer experience for borrowers and loan applications. PointServ is headquartered in Burlingame, CA.
Jaya Wadhwani, PointServ, http://www.pointserv.com, +1 888.659.1115 Ext: 6055, [email protected]