The power of informed originators.
 

Originators' appetite for mortgage data and information has far surpassed what any of us would have predicted just a few years ago. Greater competition and product innovation among mortgage investors has provided for a new execution alternative. A new, fully electronic platform is needed to give transparency to the ever-changing spreads between investors products.
Product decisioning and best-execution pricing can be complex and labor intensive. NYLX’s best execution technology eliminates these issues and actually finds the investor and product that will pay the highest price for a loan scenario. Manually sifting through the myriad of product guidelines and pricing variables at the point of sale, not only limits time selling – but also impedes optimization of origination profits.
By automating the product eligibility process and adding best execution pricing, originators gain more revenue on every loan and spend less time shopping so they can spend more time selling and building relationships.
Best Execution Displays  Click on a BestX Display to enlarge the thumbnail. BestX DocType BestX DocType NYLX BestX DocType shows the lender with the best rate according to user-defined programs and profit margins. BestX DocType relays information for six documentation types including Full Doc, Stated Income, Stated Income/Stated Assets, No Ratio, No Income/No Assets and No Doc. Click here to schedule a demo. BestX Lender BestX Lender NYLX BestX Lender displays a full pricing matrix that shows the lender with the best price for each rate category according to a selected program, documentation type and user-defined profit margin. Click here to schedule a demo. BestX Points BestX Points NYLX BestX Points identifies the lender with the best price for four point options including zero, one, two and three, for a selected program, documentation type and user-defined profit margin. Click here to schedule a demo. BestX Ranking BestX Ranking Accessible from any BestX output, the lender ranking display shows all available lenders' pricing for a specific rate. Click here to schedule a demo.

 
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