SOURCE: PushMX Software

June 14, 2005 05:00 ET

NAMB 2005: Calyx® Point® Users Offered Powerful New Business Optimization Reports and Mortgage Company Visibility Tools From PushMX Software

Mortgage Brokers Are Empowered to Close More Loans in Less Time, Improve Revenues and Profits Without Increasing Overhead Costs or Staff Size

SAN JOSE, CA and MINNEAPOLIS, MN -- (MARKET WIRE) -- June 14, 2005 -- PushMX Software, developer of advanced workflow, productivity enhancement and loan pipeline visibility tools for the mortgage brokerage industry, has announced its new PushMX Management Reports™ for users of Calyx® Point® loan origination software. This announcement was made at the National Association of Mortgage Brokers Annual Conference in Minneapolis.

For more information, visit www.pushmx.com/news.asp.

The new PushMX Management Reports solution becomes the third major component in the PushMX suite of powerful applications that integrate with Calyx Point to enable originators to optimize their bottom line, close more loans in less time and improve revenues and profits without increasing overhead costs. PushMX provides powerful new software capabilities to brokers, processors and loan officers using Calyx Point by layering additional workflow and business management features on top of Point so they do not need to learn a new loan origination tool or change the way they originate and process loans.

PushMX Management Reports provides mortgage brokers with unprecedented visibility into their day-to-day operations to help them grow their businesses and increase their revenues and profits. Brokers can create and track business metrics that show how well their companies are running and where management attention is needed most. Easy-to-run executive reports within PushMX leverage best practice management techniques to evaluate and monitor critical business functions such as staff efficiency, service provider performance, commissions, bonuses, profit analysis and lost business opportunities. Management reports can be generated automatically or in real-time according to the broker's preference, and can be auto-emailed to designated management personnel at pre-specified intervals.

"We have been using Calyx Point since 1992 and we don't want to switch to a new loan origination software system and re-train our entire staff. The PushMX suite has breathed new life into Calyx Point for us with a number of important cutting-edge management tools and productivity enhancements," said Ben Cote, owner of the Peninsula Mortgage Group, near San Francisco. "The new Management Reports module within PushMX gives us dynamic, real-time business analysis tools that allow us to better manage our company and remain more competitive in what has become a very crowded market here in California."

The key benefits of PushMX Management Reports include:

Business Optimization Reports -- PushMX Management Reports enable a new level of staff productivity and visibility into the loan processing pipeline and company operations by providing mortgage company owners and brokers with deep analytical insights into:

--  Rate Lock Extension Costs
--  Loans in Progress and Closed Loans
--  Commissions and Bonuses
--  Office Staff Efficiency
--  Service Provider Efficiency
--  Profit Analysis
--  Lost Revenue
--  Custom Reports
    
"The new PushMX Management Reports module, along with our existing PushMX Core™ workflow/pipeline automation and PushMX Communications™ Web communications modules, empower mortgage brokers with unprecedented management visibility into the inner workings of their businesses," said Dean Haritos, CEO of PushMX Software. "The comprehensive management reports produced by PushMX are the equivalent of hiring a top-level management consultant to analyze where your business is strongest and where you have opportunities to make improvements. Only PushMX provides loan originators with business management analysis tools that leverage the same industry-proven, best-practice management techniques employed by successful Fortune 1000 companies."

Other components in the PushMX Suite include:

--  PushMX Core™ -- Workflow automation / pipeline management module
    that produces an instant summary of the status of all loans being processed
    within Calyx Point, empowering users to track deadlines and manage all
    critical steps in the origination process.
    
--  PushMX Communications™ -- Web-based customer communications system
    that helps originators stay in touch with their borrowers and allows them
    to amaze their clients with exceptional personal service. PushMX also
    includes a communications interface that helps brokers leverage those all-
    important relationships with realtors as well.
    
The PushMX Suite automates workflow and communications within a mortgage company, streamlining human interaction to make sure that people get the information they need at the right time to close loans more efficiently. The return on investment for companies that deploy PushMX is very impressive -- some brokers report earning $10,000 to $20,000 per month or more in additional commissions as a result of the workflow and productivity improvements and additional referral business generated using PushMX.

About PushMX Software

PushMX is a suite of powerful business applications that integrate with Calyx® Point® loan origination software to enable mortgage originators to optimize their bottom line. Leading mortgage brokers and banking companies depend on PushMX to improve the minute-by-minute productivity of their origination teams, increase profitability and deliver unparalleled customer satisfaction to generate a continuous stream of new customer referrals. PushMX substantially augments the performance of Calyx Point with expanded pipeline and deadline visibility, workflow-based task management, metrics, process tracking and unique customization capabilities. Based in the heart of California's Silicon Valley, the PushMX development team comprises business operations, workflow and software architecture experts with years of experience in delivering world-class productivity solutions. For more information, visit www.PushMX.com, send email to sales@PushMX.com or telephone 1-408-287-3096.

Calyx and Point are registered trademarks of Calyx Software.

Contact Information

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    Kurt Barnhart
    MediaBridge Public Relations®
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