You can enter values into Point that default settings, such as, company address, ECOA address, Denial letter address, etc.. Mosts of these settings are specific to all files in one data folder and should be entered into all data folders if you have created multiple folders to store your Point files.  You can enter company default settings by:

1. Opening Point.
2. From the left navigation panel, select the data folder, from the Data Folders dropdown list, to which you are adding the company defaults.
3. From the menu bar, select Utilities > Company Defaults.
4. Select any of the following:

• Company Information
• Processing Center
• Days Per Year
• ECOA Address
• CA Fair Lending Address
• Denial Letter Address
• Servicing Disclosure Information
• Marketing Letterhead
• Right to Receive Appraisal
• FHA Consumer Choice Disclosure Notice
• GFE/TIL Disclosure
• Service Provider List
• Condition Types
• Fee Types
• Impound Types
• Escrow Account
• HMDA Register Information
• Docs Due In
• Document Categories/Types
• Stacking Order
• Package Types
• Automatic Document Storage
• Warehouse Lender
• Investors
• Trailing Documents

Company Information: Prints on the bottom of page 4 of the Loan Application and any form where the name of the company and address should print.

1. Enter the company name and address.
2. In the NMLS field, enter the company's 9 digit national mortgage licensing number, if applicable.
3. Insert a check into each state to which the company is licensed and then enter the company's state license number.
4. Leave the Manually enter company information on 1003 checkbox blank. This will ensure that the company information will default for all new loans in this folder.
5. Check all applicable checkboxes to print licensing information on disclosures.
6. Click OK.

• The NMLS number will default for all loan files in the data folder.
• The state license number will print on the loan application if the subject property is in the state that you are licensed in.

Processing Center: Prints on all verification forms in the FROM section.

1. Enter the company name and address.
2. In the NMLS field, enter the company's 9 digit national mortgage licensing number, if applicable.
3. Insert a check into each state to which the company is licensed and then enter the company's state license number.
4. Leave the Manually enter company information on 1003 checkbox blank. This will ensure that the company information will default for all new loans in this folder.
5. Check all applicable checkboxes to print licensing information on disclosures.
6. Click OK.

Days Per Year: The number of days per year, (360 or 365), used to calculate per diem interest on the Good Faith Estimate; Line 10 Daily Interest Charges.

ECOA Address: The address that prints on the Equal Credit Opportunity Act Disclosure. It should be defaulted by Point.

CA Fair Lending Address: The address that prints on the Fair Lending Notice disclosure form for borrowers to file a complaint.

Denial Letter Address: Address which prints in the NOTICE section of the Statement of Credit Denial form.

Servicing Disclosure Info: Default checkboxes that print on the Servicing Disclosure Information form.

Marketing Letterhead: The bitmap image which is printed on the top of all Marketing forms.

1. Click Browse and locate the bitmap image which you want to be printed on the Marketing form.
2. Check the auto-fit checkbox to automatically fit the image on the printed form.

Right to Receive Appraisal: Sets option to print the Right to Receive Appraisal statement on page 4 of the Loan Application or sets the time notification limit for the borrower's copy of the appraisal on the Right To Receive Appraisal form.

• Select whether to print the right to receive appraisal statement on page 4 of the loan application or enter the number of days the borrower must notify you to receive a copy of the appraisal for the Right to Receive Appraisal form.

FHA Consumer Choice Disclosure Notice:

1. Open Point.
2. From the Menu bar, select Utilities > Company Defaults > FHA Consumer Choice Dis...
3. Enter the default information which prints on the FHA Consumer Choice Disclosure Notice form.

GFE/TIL Disclosure: Allows you to modify the reasons for re-disclosure on the Changed Circumstance form and provides a checkbox to automatically print the current date on all disclosures.

• Click Add to add a reason of changed circumstance.
• Click Edit to edit a reason of changed circumstance.
• Click Reset to Default to reset all reasons of a changed circumstance to the Calyx default.

Service Provider List: A disclaimer that appears above the service providers on the printed form stating that the list of service providers is compiled by the originator and that the borrower does not have to select any of them but may shop for any of the listed services. The service provider list disclaimer can be edited or removed by un-checking the Use Calyx Default checkbox.

Condition Types: Used to populate loan conditions by clicking the Add Defaults or Add Conditions from Pick-List button from the Banker > Conditions screen.

1. Click Add or Edit.
2. From the Condition Setup window, enter a Condition # and select a Condition Type.
3. Enter a description of the condition.
4. Check the Default Condition for All New Loans checkbox, if the condition will be a default for all new loans. Uncheck the box if you want to specify which type of loan the condition applies to.
5. Check the show in Track > Conditions Screen or Show in Mtg. Loan Commitment Screen checkbox if you want the condition to also appear in those screens when imported from the Banker > Conditions screen.
6. Check the Mark Inactive checkbox to indicate the condition as an inactive.
7. Click Ok.

Fee Types: Used to populate the final impounds by clicking the Add Defaults or Add Fees from Pick-List button from the Banker > Fees & Impounds screen.

1. Click Add or Edit.
2. From the Fees Setup window, enter the HUD Line # and Fee Description. If you enter a GL Code or check the Section 32 checkbox, the Fee Description must be used from the dropdown list in order the the GL Code to populate into the Banker screen.
3. Select who the fee is Paid To, Paid By, and the Fee Amount. Check the APR checkbox if the fee is an APR item and all APR items will total on the Fees & Impounds screen.
4. (Optional) Enter the GL Code / Fee Type. (The GL Code and Fee Type will populate into the Banker > Fees & Impounds screen if the Fee Description was selected from the dropdown list.)
5. Check the Default Fee For All Loans checkbox if the fee will be a default for all new loans. Uncheck the box if you want to specify which type of loan the fee applies to.
6. Check the Section 32 Fee checkbox if the fee is from a section 32 type loan.
7. Check the Net from Wire checkbox if the fee is excluded from the wire calculation. All fees excluded from the wire calculation will total on the Fees & Impounds screen.

Impound Types: Used to populate the final tax and insurance impounds by clicking the Add Impounds From Pick-List button from the Banker > Fees & Impounds screen.

1. Click Add or Edit.
2. Select the State that the subject property is in.
3. Check the box if the state has varying disbursement frequencies and/or special taxes.
4. Enter the County & City.
5. Enter the Tax Collector's Name and Impound Description.
6. Select the Disbursement Frequency, whether it be annually, semi-annually, quarterly, or varying.
7. Select who the fee is Paid By, HUD Line #, and Disbursement Dates.

NOTE: Only the fees that have been setup for the same state as the subject property will appear when clicking the Add Impounds From Pick-List button on the Fees & Impounds screen.

Escrow Account: Calculates the aggregate adjustment in line 9 Initial Deposit for Your Escrow Account on the Fees Worksheet.

1. Enter the amount of months of when the escrowed fees are paid and then click OK.
2. From the Fees Worksheet, click the Aggregate Adjustment button from line 9 and it will calculate the aggregate fee based on the first payment date and the amount of months you entered into the Escrow Account Setup screen.

HMDA Register Info: HMDA Register Information that is used when generating and exporting a HMDA report.

Docs Due In: Used for reporting the number of days which ordered documents are considered late.

1. Enter the number of days in which ordered documents are considered late.
   
   
   
   
   
   
   
2. Entered the dates for ordered documents from any of the following screens:
   
   
   • Track > Status - Basic Documents and Miscellaneous section.
   • Track > Verifications.
     
     
3. From the left navigation panel, select the Report & Marketing tab.
4. From the reports screen, select the Calyx Report - Late Documents Report from the dropdown list.
5. Click Generate.

The report will generate a list the documents that have an ordered date and the received date is empty or is later than the number of days specified in the Docs Due In value.

Document Categories/Types: Used in the Document Storage facility to identify the category and type of a document.

1. Click Add or Edit.
2. Enter a Category Name. (Ex. Income)
3. Click Add and enter the type of documents that are associated to the category. (Ex. IRS W2, Tax Return, Pay Stub, etc..)
4. Click OK.
5. Click the Reset to Defaults if you want to reset all values back to the Calyx Default.
   

Stacking Order: Used in the Document Storage facility to specify the sequence of forms in the document repository.

1. Click New or Edit.
2. From the Stacking Order window, enter a Stacking Name and Description.
3. Select the type of documents you want to appear first in the stacking order and then click Add.
4. Add any other documents that you want to appear next in the stacking order. The order of the documents in the Stacking Order column is the order that documents will be sorted in from the Document Storage facility.
5. Click OK when you have finished sorting the list of documents for the Stacking Order.
6. From the Document Storage facility, you can select the Stacking Order from the Stacking Order dropdown list and then click Restack. At this time, the list of documents will be sorted by the stacking order that you configured under Utilities.

Package Types: Used to identify the package in which a document belongs to in the Document Storage facility. A default list of packages are provided and you can add or edit any of them.

1. Click Add or Edit.
2. From the Type name, enter a description for the type of package.
3. Click OK.
4. Click the Reset to Default button if you want to reset the values back to the Calyx default list.

Automatic Document Storage: Used to specify whether documents received from services and interface vendors are to be automatically stored in the document repository when they are received.

• The default setting it checked to have all documents that are downloaded into Point, also stored into the Document Storage facility. You can un-check the box if you do not want to store all downloaded documents into the Document Storage facility.

Warehouse Lender: Used to populate the Warehouse Lender dropdown list in the Banker > Warehouse & Purchase Advice screen..

1. Click Add or Edit.
2. Enter the Warehouse Lender.
3. Click Ok.

Investors: Used to populate detailed information about investors who purchase your closed loans in the Banker > Shipping screen. The information that is setup here is automatically populated in the Shipping screen when an investor is selected on the Secondary Marketing, Underwriting, or Shipping screens.

1. Click Add or Edit.
2. From the Investor Setup screen, enter the contact information that applies to the investor.
3. Click Ok.

Trailing Documents: Used to populate trailing documents by clicking the Auto-Populate button in the Banker > Trailing Documents screen.

1. Click Add or Edit.
2. Enter a description for the Trailing Document.
3. Select the type of loan that the trailing document applies to.