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NYLX Offers Product and Pricing Technology in Byte Software



Byte Software (http://www.bytesoftware.com), a leading provider of loan origination software for banks, credit unions and mortgage brokers, partners with NYLX to provide product eligibility and best-execution loan pricing technology to its customer base. Through Byte Software'ss partner program, ByteLink (http://www.bytesoftware.com/partners/bytelink-and-partner-sdk), 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 have instant access to a leading provider of real-time lender rates and guidelines.



The NYLX (http://www.nylx.com) 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 (http://www.nylx.com/overview.html), 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 (http://www.bytesoftware.com/products/compare-editions-1). 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.



About Byte Software


Byte Software, founded in 1985 by mortgage professionals, is a leading provider of mortgage software solutions for banks, brokers and credit unions. Byte Software products streamline the processes used by originators and processors, allowing them to focus on generating additional business and increase revenues. Byte Software is a wholly-owned subsidiary of CBCInnovis, a leading provider of real estate settlement services and fraud prevention solutions. To learn more about Byte Software visit http://www.bytesoftware.com or call 800.695.1008.



About NYLX


NYLX is the market leader for automated mortgage data applications and solutions. From point of sale to secondary market, NYLX makes mortgage investor data actionable, providing our customers's a strong return on investment. We give mortgage professionals the unique ability to attract borrowers, adapt to market conditions in real-time, make smarter decisions and achieve better executions on transactions. With over one million pricings per month, our flagship on-demand application, LoanDecisions, is used by banks, credit unions and mortgage bankers nationwide. Additional information may be found at http://www.nylx.com.






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