eLynx enhances closing services with LandAmericaMortgagePress.comeLynx, American Capital, LandAmerica, eZNetClose, expedite, Sharon Matthews
eLynx, a portfolio company of American Capital, has announced
enhancements to the electronic closing capabilities of
LandAmerica's eZNetClose mortgage closing system through
integration with the eLynx expedite network. The company has built
one of the industrys most broadly adopted networks that integrates
seamlessly with leading settlement entities. The result is that
lenders can now execute electronic closings through a variety of
channels.
As part of the expedite network, lenders can securely submit
loans electronically to LandAmerica's eZNetClose Web-based closing
system. eLynx captures the legacy document output from the lenders
and then delivers, indexes and prepares the output for electronic
signing within eZNetClose. In addition, eLynx automatically
delivers the document into LandAmerica's workflow system for
post-close processing and imaging while providing the lender with a
connection to the indexed closed loan.
"eLynx is pleased to welcome LandAmerica as a client," explains
Sharon Matthews, eLynx president and CEO. "Both of our companies
understand the need our shared lender clients have for convenience,
security and speed in the electronic loan process. We also share a
networked approach that makes it much easier for lenders to step
smoothly into the eMortgage." Matthews notes the collaboration with
LandAmerica connects a large percentage of the lending community
with another established electronic processing channel.
"We're very excited about this collaboration with eLynx," adds
Cheryl Cox, president of LandAmerica. "We're looking for industry
leaders who are recognized by the leading lenders our division
supports. eLynx's eMortgage technology not only meets the most
stringent security standards, but it has also achieved a seamless
integration with eZNetClose. At LandAmerica we are always looking
to make the settlement services process more efficient and to
reduce costs for both our lender clients and consumers. Removing
paper from the process is helping us to achieve this goal."
For more information, visit www.elynx.com.
