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.
Mount Arlington, NJ (PRWEB) April 6, 2010
NYLX, a leading provider of automated mortgage data applications and solutions, 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.
Howard Conyack, CEO of NYLX, stated, “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. 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.”
“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.”
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 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 product eligibility and pricing platform, LoanDecisions, is used by banks, credit unions and mortgage bankers nationwide. Additional information may be found at http://www.nylx.com.
MBSQuoteline is a state-of-the-art, web-based MBS market information service that has helped thousands of mortgage professionals run their business more profitably, since 1992. Using the latest technology, this total mortgage resource brings MBS and Treasury pricing, expanded market coverage, MBS news and analysis, key money rates, ARM indexes, essential tools, and educational resources to the desktop of its subscribers. With the same real-time streaming data professional traders and investors use, provided at a fraction of the cost, MBSQuoteline helps mortgage professionals improve their expertise and make better lock/float decisions. Additional information may be found at http://www.mbsquoteline.com.