NYLX adds live MBS pricing and analysis in its price decisioning platform
NYLX, a provider of automated mortgage data applications and solutions, has announced a partnership with MBSQuoteline to incorporate streaming real-time Mortgage-Backed Securities (MBS) and Treasury prices, market news and analysis, and an economic events calendar into its LoanDecisions product eligibility and pricing platform. Users will be provided a dashboard of summary MBS market data, and access to the rich information services provided by MBSQuoteline. These services include real-time MBS pricing, intra-day MBS price monitoring to anticipate pricing risk or opportunity, charting of mortgage rates to view volatility and developing trends, and concise analysis of the day’s economic events affecting mortgage rates. “MBSQuoteline market information and services will help NYLX LoanDecisions users get the same real-time streaming data professional traders use, enabling them to stay in touch with the market information they need," said Howard Conyack, chief executive officer of NYLX. "They’ll be able to make better lock/float decisions because they’ll have access to real-time MBS data and will know about upcoming economic events that could move market rates." MBSQuoteline market information and services will help NYLX LoanDecisions users get the same real-time streaming data professional traders use, enabling them to stay in touch with the market information they need. “It is a natural fit for MBSQuoteline to provide its services through the NYLX market leading platform for product eligibility and pricing,” stated Scott Sanderson, president of MBSQuoteline. “We supply the essential market information--what you need to know, when you need to know it--necessary for effective decision making for Originators when assisting borrowers during the loan origination process, and for secondary marketing departments managing pipelines.” For more information, visit www.nylx.com or www.mbsquoteline.com.