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Calyx Software Market Leader in Loan Origination Systems By James Comtois According to a recent study conducted by a Columbia, Md.-based research and advisory firm, Calyx Software, a San Jose, Calif.-based provider of loan marketing, originating and processing software for the mortgage industry, is the market leader in loan origination systems. Calyx Software reported a market share of 67.9% for its Point loan origination software from the recently completed Wholesale Access 2006 Mortgage Broker Study. Calyx Software has maintained a consistent market-leading share of 67.9% over the last three Wholesale Access studies, dating back to 2003. Wholesale Access is a research, advisory and publishing company focused exclusively on the mortgage finance industry. The 2006 Wholesale Access Mortgage Broker study was conducted to monitor the role and value of mortgage brokerages in the origination of residential mortgages and represents the company's eighth study of the industry. The research examined broker revenue and expense structures, demographics, use of technology, products, operations, wholesaler relationships and economics. "Based on our 2006 survey, which was fielded in early 2007, Calyx has maintained its dominant market share of two-thirds since 2002 and is the market leader for loan origination systems," said David Olson, president of Wholesale Access in a statement, adding, "Most firms are satisfied or very satisfied with their current LOS provider so we see little change in Calyx's market share in the future." Calyx's Point application provides comprehensive mortgage functionality for loan marketing, prequalification, origination, underwriting, processing, management and reporting. The company recently released Point and Point Data Server versions 6.0 at the end of July, which expanded capabilities for both brokers and mortgage bankers. "We are extremely pleased that Calyx Software continues to be the overwhelming vendor of choice for loan origination systems," said Dennis Boggs, senior vice president of Calyx Software in a statement. "We understand that the key to our success has not only been delivering a feature-rich application, but also a product that's easy to use, reliable, and backed by outstanding customer service."

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