Today's consumer demands accuracy and immediacy.
Originators that are unable to provide prospective borrowers
with instant rate quote often lose prospects to those who
can. With manual processes, mistakes are common place, and can
cost mortgage companies hundreds if not thousands of dollars.
Simply put, the manual process of searching investor websites
for program rate and price information and manually calculating
best execution prices can delay the process to the point of
losing the potential customer, and can result in losses that
negatively impact the bottom line.
NYLX's best-of-breed products dramatically reduce the risk of
costly errors and eliminate the time wasted searching multiple
investor databases to get to the data required. Accurate and
automated, NYLX not only provides access to the largest database
of product and pricing data from national, regional, and local
lenders but also manages all of the sorting and analysis as
well.
NYLX offers an exceptional selection of profit-building solutions tailored to a
variety of different needs:
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