MOUNT ARLINGTON, NJ, October 15, 2012 (Press-News.org) Business Solutions, a subsidiary of the American Bankers Association, has selected NYLX, Inc. as the alliance partner to provide banks with technology to support mortgage loan product eligibility, loan pricing and life of loan performance monitoring and analytics through its proprietary products LoanDecisions and LoanHD . Both LoanDecisions and LoanHD will be offered to ABA members at advantaged prices.
A pioneer in the development of pricing engine technology, NYLX's LoanDecisions is an eligibility and pricing engine that helps banks offer the best loan pricing possible to their borrowers, ensures that loans meet all investor guidelines and supports compliant pricing discussions. LoanHD, another NYLX innovation, addresses significant market needs in the loan risk management arena. This solution is used to monitor the risk in a lender's loan portfolio, create loan loss reserve projections and increase the speed with which banks can refresh and analyze loan-level data enabling lenders to significantly reduce the time and expense required to prepare for regulatory audits.
"We are pleased to work with NYLX to offer this best in class technology that can help our members quickly and efficiently offer the best and most suitable products and pricing to their customers and better manage their portfolio risk," said William Kroll, president of Business Solutions.
"NYLX is honored to have been selected as a Business Solutions exclusive provider," said Howard Conyack, chief executive officer at NYLX. "Our commitment to community bankers is to create easily adoptable applications that aggregate investor, borrower, collateral and market data, transforming this information into insights for better and more informed decision making. We hear from our customers all over the country that regulatory compliance is creating significant complexities that can overwhelm current resources. Through this alliance with Business Solutions, we hope to bring bankers an affordable and more streamlined alternative to manage risk and opportunity in the origination and management of mortgage loans."
The American Bankers Association represents banks of all sizes and charters and is the voice for the nation's $14 trillion banking industry and its two million employees. Learn more at www.aba.com.
NYLX is a software-as-a-service application provider to banks nationwide. Additional information may be found at www.nylx.com.
BA Subsidiary Names NYLX Exclusive Provider of Mortgage Product Eligibility, Pricing, and Portfolio Risk Management Technology
Business Solutions has selected NYLX, Inc. as the alliance partner to provide banks with technology to support mortgage loan product eligibility, loan pricing and life of loan performance monitoring and analytics through its proprietary products.
2012-10-15
[Attachments] See images for this press release:
ELSE PRESS RELEASES FROM THIS DATE:
ReproSource Responds to Promising Research Around a Key Protein for Male Fertility
2012-10-15
Though it is infrequently discussed, male infertility is a problem that afflicts many men--and many couples, seeking to conceive--around the country. The potential causes of male infertility are many, but, according to a new medical study, the determining factor could be something as minor as a single missing protein. This new study offers insight into the way doctors treat male infertility--and it has won the attention of ReproSource.
The new study indicates that male infertility is sometimes the result of sperm missing a single, essential protein. This lone protein ...
Avital Web Now Offers Mobile Website Design Services
2012-10-15
The Internet is becoming increasingly mobile as more users are accessing the web on the go. Mobile devices can keep people connected regardless of where they are, and they can provide critical information when they most need it. Website owners need to stay ahead of the game in order to ensure their sites function properly on mobile devices. Regardless of whether a site is static, interactive or content-driven, it needs to use a comprehensive Internet marketing strategy for optimal results. Avital Web, Internet marketing company in Los Angeles, is now offering mobile website ...
Wastech Controls and Engineering Offers Various pH Neutralization Systems for Laboratory and Industrial Use
2012-10-15
Wastech Controls and Engineering designs and manufactures pH neutralization systems for use in laboratories and industrial facilities. These systems include the LabDELTA Laboratory Continuous Neutralization Systems, the LabDELTA Laboratory Batch Neutralization Systems, the LabDELTA Plus Continuous Neutralization System, the OMEGA Continuous Neutralization Systems, and the OMEGA Batch Neutralization Systems, and the ALPHA Custom Large Multi-Stage Neutralization Systems.
The continuous neutralization systems are typically used for considerable amounts of generated wastewater, ...
Dr. Zadeh, Gummy Smile Specialist, Offers His Patients the Opportunity to Have a Dazzling Smile
2012-10-15
Dr. Parsa Zadeh, gummy smile specialist, offers patients his patent-pending Gumlift procedure to remedy their gummy smiles. This procedure combines a modified surgical crown-lengthening procedure and a crown reproportioning procedure to address the cause of the patient's gummy smile. In addition to these procedures, a lip repositioning procedure or a gingivectomy may be performed to further enhance the patient's smile.
This gummy smile correction surgery differs from the treatments that most dentists offer. Most cosmetic dentists only have the experience or qualifications ...
Massachusetts Street Fights Can Result in Serious Criminal Charges
2012-10-15
As long as there have been streets, people have been fighting in them. A street fight can range from a dispute among bar patrons to a fight outside Fenway Park or after a Patriots Game. It could be a fight after a concert at the DCU Center or even a brawl in the streets involving weapons and dozens of people. With all the commotion involved and the ease of scattering when the dispute ends, it may be surprising that street fights can result in serious criminal charges.
But it's true. Street fights in Massachusetts frequently result in criminal charges, and some of those ...
2012 Pennsylvania Super Lawyers Recognizes Robert A. Huber
2012-10-15
Robert A. Huber has been named to the Pennsylvania Super Lawyers list as one of the top attorneys in Pennsylvania for 2012. No more than 5 percent of the lawyers in the state are recognized by Super Lawyers for this recognition.
Personal Injury and Workers' Compensation Attorney Robert A. Huber
For over 20 years, Robert Huber has been assisting injury and accident victims. He is an experienced litigator, having tried bench and jury trials involving a range of auto accidents, slip and falls, medical malpractice and workplace injury cases.
A graduate of Villanova ...
The Evolving Role of Social Media in Criminal Cases
2012-10-15
Every year, online social media outlets such as Facebook, Twitter and YouTube continue to widen the net of information people in New York can share and communicate with each other.
As social media's reach has increased, law enforcement is increasingly turning to it in order to solve crimes. Consequently, federal agencies and police departments keep boosting budgets and training efforts geared specifically towards mining social media for clues that will lead to arrests. In fact, social media has become a key investigative tool. Ordering social media companies to shut ...
Traffic Tickets Can Turn Up in the Oddest Places
2012-10-15
We've all tried to avoid them. We've all received them. We've all thought that in some instances they were unfair.
Parking tickets: a bane of western civilization.
With so many vehicles on the road and so few places to park, it's a wonder that tickets are not issued more often than they actually are. But in some instances, traffic tickets issued seem a bit extreme. What follows are the tales of a few rather unusual citations received.
For instance, how many people bother to pay parking tickets 60 years late? One man in Nebraska did. In 1954, a woman received ...
Craftmark Solid Surfaces Discusses Using Different Types of Sinks with Atlanta Granite Countertops
2012-10-15
Craftmark Solid Surfaces would like to discuss the use of different types of sinks with Atlanta granite countertops.
There are many different varieties of sinks you may want to use in your home, each with a different purpose. Certain shapes are just going to make sense to have in your kitchen, your bathrooms, your laundry room, and wherever else you happen to have a sink. The one uniting factor is that they can all look a lot more beautiful and elegant surrounded by a granite countertop.
To ensure that your sink and countertop stay beautiful, the right cut is critical. ...
Atlanta Pool Maintenance Company Pinnacle Pool Services Explains Common Pool Chemicals
2012-10-15
Atlanta pool services company Pinnacle Pool Services would like to provide homeowners with some basic information on common pool chemicals.
The correct application of pool chemicals is one of the most critical aspects of swimming pool care. Chemicals are used to keep water clear, balanced, sanitized, and free from algae.
Water balancers are used to keep the pools pH, alkalinity, and hardness and the right levels. Examples of chemicals commonly used to do this include pH increasers or decreasers, alkalinity increasers or decreasers, and calcium hardness increasers.
Water ...
LAST 30 PRESS RELEASES:
Megalodon’s body size and form uncover why certain aquatic vertebrates can achieve gigantism
A longer, sleeker super predator: Megalodon’s true form
Walking, moving more may lower risk of cardiovascular death for women with cancer history
Intracortical neural interfaces: Advancing technologies for freely moving animals
Post-LLM era: New horizons for AI with knowledge, collaboration, and co-evolution
“Sloshing” from celestial collisions solves mystery of how galactic clusters stay hot
Children poisoned by the synthetic opioid, fentanyl, has risen in the U.S. – eight years of national data shows
USC researchers observe mice may have a form of first aid
VUMC to develop AI technology for therapeutic antibody discovery
Unlocking the hidden proteome: The role of coding circular RNA in cancer
Advancing lung cancer treatment: Understanding the differences between LUAD and LUSC
Study reveals widening heart disease disparities in the US
The role of ubiquitination in cancer stem cell regulation
New insights into LSD1: a key regulator in disease pathogenesis
Vanderbilt lung transplant establishes new record
Revolutionizing cancer treatment: targeting EZH2 for a new era of precision medicine
Metasurface technology offers a compact way to generate multiphoton entanglement
Effort seeks to increase cancer-gene testing in primary care
Acoustofluidics-based method facilitates intracellular nanoparticle delivery
Sulfur bacteria team up to break down organic substances in the seabed
Stretching spider silk makes it stronger
Earth's orbital rhythms link timing of giant eruptions and climate change
Ammonia build-up kills liver cells but can be prevented using existing drug
New technical guidelines pave the way for widespread adoption of methane-reducing feed additives in dairy and livestock
Eradivir announces Phase 2 human challenge study of EV25 in healthy adults infected with influenza
New study finds that tooth size in Otaria byronia reflects historical shifts in population abundance
nTIDE March 2025 Jobs Report: Employment rate for people with disabilities holds steady at new plateau, despite February dip
Breakthrough cardiac regeneration research offers hope for the treatment of ischemic heart failure
Fluoride in drinking water is associated with impaired childhood cognition
New composite structure boosts polypropylene’s low-temperature toughness
[Press-News.org] BA Subsidiary Names NYLX Exclusive Provider of Mortgage Product Eligibility, Pricing, and Portfolio Risk Management TechnologyBusiness Solutions has selected NYLX, Inc. as the alliance partner to provide banks with technology to support mortgage loan product eligibility, loan pricing and life of loan performance monitoring and analytics through its proprietary products.