Mt. Arlington, N.J.-based NYLX has announced the launch of a no-charge information portal dubbed LendingArt that provides loan product eligibility and pricing information as well as extensive mortgage industry news and information. The vendor of point-of-sale product eligibility and pricing technology systems is offering free eligibility and pay-as-you-go loan pricing. LendingArt includes a program and guidelines search engine, a scenario desk, investor news and profiles, a business and events directory, and a messenger tool that updates subscribers on program guidelines, rates, and loan requirements as they occur. The product also has a bi-directional feed with Calyx Point. The company can be found on the Web at http://www.nylx.com.
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