The more efficiently and seamlessly banks, credit unions and mortgage companies can put accurate and best execution eligibility and pricing in the hands of their loan officers; the more aggressively they can compete and increase profitability
Kirkland, WA (PRWEB) October 20, 2008
Byte Software, a leading provider of loan origination software for banks, credit unions and mortgage brokers partners with NYLX, Inc., to provide product eligibility and pricing technology to its customers. Through Byte Software's new partner program, ByteLink, NYLX and Byte Software will be able to provide users a seamless and more efficient way to originate residential mortgages. Via this new integration, Byte Software customers will have instant access to the industry's leading provider of real-time lender rates and guidelines.
"The more efficiently and seamlessly banks, credit unions and mortgage companies can put accurate and best execution eligibility and pricing in the hands of their loan officers; the more aggressively they can compete and increase profitability," John Alexander, President of NYLX states, "The NYLX integration with Byte Software is yet another example of how we are levering our universal integration platform and delivering more value for our customers."
NYLX will be available soon in BytePro Standard, BytePro Enterprise and BytePro Online. Customers can sign up for the service by contacting NYLX and current users of NYLX using Byte Software will have immediate access within BytePro saving time from duplicate data entry and improving their loan process.
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.
NYLX operates the mortgage industry's pre-eminent national electronic platform for accurate and up-to-date investor program data, rates and guideline information. NYLX's industry leading product eligibility and best execution loan pricing solutions, coupled with timely market data, allow mortgage professionals the unique ability to adapt to market conditions in real-time, make smarter decisions and achieve better executions on all transactions. Since 2004, NYLX has served as the premier conduit of information for mortgage brokers, bankers and investors with free, as well as fee-based service solutions that enhance product delivery, ensure accuracy and streamline processes and business channels.