NYLX Solutions

NYLX White Paper

Once considered a more efficient substitute for a Rate Sheet, pricing engines are evolving to be the compliance-ready selling tool for originators and the strategic profit tool for secondary marketing.

This white paper will describe three best practice uses for today's best of breed pricing engine:

• Pricing for compliant, consultative selling using a 360° view of eligibility.
• Pricing for marketplace competitiveness and strategies for achieving your market position goals.
• Pricing for profit optimization and support for risk avoidance, risk remediation and reward optimization.

Extract additional return on investment by using your pricing engine technology more strategically.

Complete the registration form and get immediate access to this complimentary white paper!

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Disclaimer: By providing us with your email address and/or work phone and clicking the "Download Now" button, you grant NYLX permission to contact you.

NYLX White Paper

The Federal Reserve's growing concern over second liens and the exposure they create for financial institutions is driving the need to improve second lien credit analysis and segmentation.

• Second liens represent 9% of the $9,700 billion in household mortgage debt.

Fragmentation related to ownership and Fed guidance for gathering and analyzing data on firsts (regardless of ownership), has created challenges for a significant number of institutions with second liens but no direct financial interest in the first.

• Among properties with first and second liens, 62% have different servicers for the first and second mortgage.

This NYLX Executive Brief will summarize commentary, reports and interagency guidance regarding second liens and provide insight to help you:

• Comply with interagency guidance and surface payment status of all liens to properly determine loss reserves and accurately calculate CLTVs.
• Establish an ALLL (Allowance for Loan and Lease Losses) process that recognizes the differences between HELOC and closed-end second borrowers.
• Improve second lien credit analysis and segmentation based on origination characteristics and performance profiles.

BONUS: Along with the white paper, we have also included an executive summary of the January 31^st Interagency Guidance as a quick reference.

Complete the registration form and get immediate access to this complimentary white paper!

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Disclaimer: By providing us with your email address and/or work phone and clicking the "Download Now" button, you grant NYLX permission to contact you.

NYLX White Paper

The Fed, OCC, FDIC, and NCUA jointly released an important policy guidance letter on January 31, 2012. This Executive Brief from NYLX reviews these requirements and explores approaches for compliance.

• Learn how loss estimation using segmentation and trending can help you define an impairment pool and reasonably estimate loss for that pool.
• Consider a methodology for refreshing information that is readily available in order to meet the primary guidance to monitor all credit quality indicators.
• See how much you can save by using a segmented analysis approach that also provides more insight into your loan portfolios and helps you calculate more accurate ALLLs.

Whether you buy or build a risk management platform, technology is the key to enabling compliance. Read this brief and also understand the challenges related to both.

Complete the registration form and get immediate access to this complimentary white paper!

* Required fields.

Disclaimer: By providing us with your email address and/or work phone and clicking the "Download Now" button, you grant NYLX permission to contact you.