LAS VEGAS, Nev., Dec. 11, 2018 (GLOBE NEWSWIRE) -- The National Association of Mortgage Brokers (NAMB) today announced the launch of its new platform, NAMB All-In, which is available to all NAMB members at no cost.
Powered by Calyx Software (“Calyx”), a leading provider of comprehensive mortgage software solutions, NAMB All-In provides mortgage professionals with the three essential components they need to conduct business: a point-of-sale solution (POS), a cloud-based loan origination system (LOS), and a single point of access to premier wholesale lenders. The POS allows borrowers to initiate a loan application and begin the asset verification process. The LOS helps mortgage brokers manage all incoming online applications, exchange and store documents, and provides simultaneous support for both the current and upcoming Uniform Residential Loan Application (URLA).
The Calyx Wholesaler MarketPlace is the third component of NAMB All-In. It enables mortgage brokers to connect with industry-leading wholesale lenders in a single portal and seamlessly exchange data. Using this portal, wholesaler lenders can import 1003 and deliver completed documents, such as the loan estimate, closing disclosure, conditions, locks, etc., directly into the broker’s software. Participating wholesalers currently include Stearns Lending, Plaza Home Mortgage, Quicken Loans, Freedom Mortgage, Caliber Home Loans, and United Wholesale Mortgage. Additional institutions are scheduled to onboard in early 2019.
In addition, because NAMB believes in an open market that allows brokers to choose which lenders they want to do business with, brokers can still export a FNMA 3.2 file to work with any wholesaler that is not in the network.
“We are thrilled to announce this new tool and are eager to watch our members gravitate to NAMB All-In to take advantage of the opportunity for this new solution to enhance their workflows and make their operations seamless,” said Richard Bettencourt, NAMB Board President. “We chose Calyx as our partner because its solutions are well-accepted by the broker community, as well as fast to learn and easy to use.”
“Calyx is committed to making the mortgage process easier for everyone: brokers, wholesalers and borrowers,” said Bob Dougherty, Executive Vice President of Business Development at Calyx. “We are pleased to work with NAMB to provide their members with a solution that will not only simplify and speed up the origination process for them and the wholesalers they work with, but also improve the borrower experience.”
NAMB All-In will be ready for use in January 2019. For more information, visit www.NAMBAI.com.
ABOUT NAMB:
The National Association of Mortgage Brokers is the voice of the mortgage industry representing the interests of mortgage professionals and homebuyers since 1973. NAMB members include small business owners, loan originators, account executives, and other industry professionals. NAMB provides mortgage professionals with education opportunities and offers rigorous certification programs to recognize members with the highest levels of professional knowledge and education. As the leading national trade association for this industry, NAMB is affiliated with State Associations throughout the country and represents the interests of more than 910,000* licensed and registered Mortgage Loan Originators and 39,000* licensed mortgage broker and mortgage lender businesses. NAMB’s active lobbying and advocacy efforts frequently focus on national and state issues. The Association hosts several meetings throughout the year. https://www.namb.org/
Contact:
Campbell Lewis Communications
Jessica Ruiz-Krout
212.995.8058
jessica@campbelllewis.com