Skip to main content

NYLX offers product and pricing technology in Byte Software

NationalMortgageProfessional.com
Jun 08, 2009

Byte Software, a provider of loan origination software for banks, credit unions and mortgage brokers, has partnered with NYLX to provide product eligibility and best execution loan pricing technology to its customer base. Through Byte Software’s partner program, ByteLink, NYLX has created a seamless interface to access product and pricing information for mortgage loans while in BytePro. Now, with the NYLX integration, Byte Software customers will have instant access to a leading provider of real-time lender rates and guidelines. The NYLX integration leverages its LoanDecisions solution platform, delivering benefits at multiple levels. BytePro users benefit from multi-investor/multi-product pricing displays and accurate Investor data, enabling quick reaction to live market conditions. Management benefits from control and optimization of locks based on price and revenue targets, helping to achieve profit goals and competitive advantage. Now, this complete functionality will be delivered through a seamless user interface. John Alexander, president of NYLX states, “The new integration between NYLX and Byte Software provides banks, credit unions and mortgage companies with enhanced functionality that enables loan officers to make faster and more effective decisions at the point of sale. A seamless user experience delivers best execution eligibility and pricing, helping loan officers prioritize their pipeline and more aggressively target high value prospects. This joint solution leverages the NYLX universal integration platform and offers significant value and bottom line impact for NYLX and Byte Software mutual customers.” NYLX is available now in BytePro Standard, BytePro Enterprise and BytePro Online. Customers can sign up for NYLX solutions by contacting NYLX. Current BytePro customers using NYLX now have instant access to product eligibility and best-execution loan pricing within BytePro, eliminating the need for duplicate data entry and reducing the time to process a loan. For more information, visit www.bytesoftware.com or www.nylx.com.
Published
Jun 08, 2009
More from
Tech
Finance of America Fortifies Cybersecurity

Finance of America is partnering with Spera Security to mitigate identity security risks and safeguard sensitive data.

Nov 15, 2023
Fraud Fighting Funding

Survey reveals biggest pain points for Chief Information Security Officers are 3rd party risk management and AI security

Oct 23, 2023
A Quest For The Digitally Confounded

Blockchain might have a transformative potential for the future

Oct 03, 2023
Robots Can’t Relate

Incorporating ChatGPT into mortgages has some originators concerned if artificial intelligence is a friend or a foe

Sep 27, 2023
AI Can Revolutionize Mortgage Licensing

Will AI unlock efficiency and accuracy in licensing or will it be an added compliance risk?

Sep 18, 2023
Snapdocs Promotes Michael Sachdev to CEO

Founder Aaron King becomes executive chairman.

Sep 14, 2023