Wednesday, December 22, 2010

Calyx Software Buys Loan-Score Decisioning Systems

Dallas-based Calyx, a developer of software for the mortgage industry, said Wednesday that it has acquired Loan-Score Decisioning Systems. Financial terms of the buy were not disclosed. Calyx said that the acquisition of Loan-Score adds a product & pricing engine, an automated underwriting system as well as FHA eligibility decisions to the firm's mortgage origination platform.