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About

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. Our industry leading product eligibility and best execution loan pricing solution, LoanDecisions, gives
mortgage professionals the unique ability to attract borrowers, adapt to market conditions in real-time, make smarter decisions and achieve better executions on transactions.

NYLX best practice strategies and offering mix enable mortgage companies to transform their processes into a cost-efficient growth and profit engine. Our approach integrates a Software-as-a-Service based technology platform with service expertise, compliant processes, and partnership resources to deliver affordable, robust, and flexible product eligibility and loan pricing solutions. With over one million pricings per month, our flagship on-demand application, LoanDecisions, is used by banks, credit unions and mortgage bankers nationwide.


Philosophy

At NYLX we have a philosophy of responsiveness and innovation. We work closely with clients, responding to feedback and incorporating new ideas to produce the ultimate eligibility and loan pricing solutions. We recognize that decisioning and pricing technology continues to evolve and are committed to remaining at the forefront of this process by embracing new techniques and challenging conventional solutions.


History

NYLX’s origin dates back to 1998 when automated loan pricing was in its infancy. It started when NYLX's founder, Howard H. Conyack Jr., developed a software system for his mortgage company that gave Realtors the ability to originate mortgage applications in accordance with federal RESPA regulations. In 2003, Howard shifted the focus of the organization from mortgage company operations to a data management and software provider specializing in advanced eligibility and pricing systems for mortgage originators. Within three years, NYLX became the dominant provider in the industry, out-performing original expectations.

NYLX News

NYLX is named a Top 50 Mortgage Technology Service Provider two years in a row.

2007 2008
NYLX Mortgage Technology 2007 2008 Award

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NYLX News

Press Release
April 27th, 2010 - NYLX Works With Google To Provide Loan Pricing For AdWords Comparison Ads.

Press Release
April 6th, 2010 - NYLX Incorporates Live Mortgage-Backed Securities Pricing and Analysis in its Eligibility and Price Decisioning Platform.

Press Release
Febuary 9th, 2010 - NYLX Pricing Engine is First to Support Freddie Mac Servicing Release Pricing.

Press Release
January 19th, 2010 - NYLX announces new president and double digit growth.

Press Release
October 06th, 2009 - NYLX announces enhanced platform for LoanDecisions Product Pricing & Eligibility.

Press Release
September 15th, 2009 - NYLX announces AppNavigator: first automated solution for locking loans on investor Web sites.

Press Release
June 8th, 2009 - Byte Software and NYLX created a partnership to provide BytePro users with NYLX product and pricing technology.

Press Release
May 20th, 2009 - PCLender.com Web-Based Mortgage Software Enhances Seamless Integration with NYLX Product and Pricing Engine.

Press Release
October 21, 2008 - MIAC and NYLX join forces to set the standard for best practices

Press Release
October 20, 2008 - Radian Guaranty & NYLX Partnering to Provide Accurate, Real-Time Mortgage and MI Pricing and Eligibility Data

Press Release
October 19, 2008 - NYLX partners with Byte Software to provide Product and Pricing Technology

In the News
August 14th, 2008 - Are there Too Many Pricing Vendors? - Article by Anthony Garritno. Editor, Mortgage Technology

Press Release
June 16th, 2008 - NYLX Integrates with Mortgage Builder

Press Release
May 1st, 2008 - Leads360 and NYLX partner to enable originators to contact leads and offer loan pricing in real-time.

 
 
 
 
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