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eLynx Selected For CFPB Tech Pilot Program

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eLynx has been selected by the Consumer Financial Protection Bureau (CFPB) to participate in a pilot program to study how technology solutions such as electronic delivery and electronic signatures can improve the mortgage closing experience for consumers. In particular, the CFPB wants to evaluate how technology solutions can improve the consumer’s understanding of mortgage documents, make them feel more empowered throughout the closing process, and enhance overall mortgage closing efficiency.Click to continue

NewDay USA Partners With eLynx on Loan Deliveries


NewDay USA has partnered with eLynx to facilitate its consumer loan deliveries. On average, NewDay USA sends thousands of loan applications a month. Now, those deliveries have almost doubled each month. It’s anticipated that using eLynx technology will improve NewDay USA’s electronic delivery of loan applications even further.Click to continue

Veri-Tax Partners With Six eSignature Providers on Income Verification


Veri-Tax LLC has announced partnerships with six electronic signature providers, Adobe EchoSign, DocMagic, DocuSign, DocuTech, eLynx and eSignSystems (Wave) to deliver fast, compliant tax transcript requests, which are used by mortgage lenders to verify a borrower’s income when applying for a mortgage loan. The six electronic signature providers have all been certified to provide electronic signatures on the IRS Form 4506-T when customers request tax transcripts through Veri-Tax.Click to continue

eLynx Releases Expedite Inbox Portal


eLynx has announced the release and general availability of its latest offering under their Expedite platform, the Expedite Inbox, a centralized experience for consumers that can exist across all lines of business and lending products. The Inbox can also be branded and integrated with a bank’s existing Web presence. All document actions, such as reading, signing, printing, downloading and returning are supported in this consumer-focused portal.Click to continue

eLynx Extends Fulfillment Services Alliance With Harland Financial


eLynx, a portfolio company of American Capital, has announced that Harland Financial Solutions, a strategic technology provider to more than 6,000 financial institutions, will expand its long-standing alliance with eLynx to offer Harland Financial Solutions’ clients electronic delivery, signature, secure collaboration, and print-and-mail fulfillment services using eLynx Expedite.Click to continue

Platinum Data Appoints Two New Board Members


Platinum Data has appointed J. Hunter Atkins and John LaMacchia to its board of directors. Both appointees bring decades of executive-level experience to their posts, and both are past and current members of boards of directors for nationally recognized public, private and not for profit organizations. Both new board members were selected to help guide Platinum Data during the next phase of its growth and expansion.Click to continue

eLynx Receives Top Workplace Award


eLynx, a portfolio company of American Capital, has announced that it has been recognized for the second consecutive year as one of the best places to work in the Greater Cincinnati and Northern Kentucky region by the Cincinnati Enquirer. The Top Workplace program is sponsored by the Cincinnati Enquirer and is administered annually by an independent company each spring. According to the Enquirer, a majority of the employees in each company must participate in the survey for a company to be considered. This year, 127 companies qualified for consideration.Click to continue

Alec Cheung to Lead eLynx Marketing Team


eLynx has announced that it has hired Alec Cheung to serve as vice president of marketing. Cheung will oversee product planning and management, internal and external marketing communications, brand management, and public relations. Cheung will be based in the company’s Cincinnati headquarters. In addition to his duties related to the strategic marketing of products and solutions, he will be responsible for positioning eLynx’s growth strategy, including developing opportunities in new and existing markets. Click to continue

eLynx Enhances Closing Workflow for Improved Risk Management


eLynx, a portfolio company of American Capital, has announced that it has significantly strengthened the requirements for closing agents registering with the eLynx Electronic Closing Network (eCN). eCN contains the largest database of registered closing agents in the U.S. Closing agents must be registered in eCN to receive loan documents from lenders using eLynx’s delivery services. To date, over 50 million loans have been processed using eLynx’s services.Click to continue

Platinum Data Solutions Names Phil Huff as CEO


Platinum Data Solutions has appointed industry veteran Phil Huff as its new chief executive officer. Huff succeeds the company’s founder, Rocky Donathan, who will maintain an active role in the company. Huff, who was the co-founder and chief executive officer of secure document technology provider eLynx, was selected to spearhead the company’s strategic growth plan.Click to continue