Cincinnati-based eLynx Ltd., a provider of secure Web services, has announced the acquisition of SwiftView Inc., a Portland, Ore.-based technology provider that helps companies capture, view, deliver, and print electronic documents.The terms of the deal were not disclosed. American Capital Strategies Ltd., whose portfolio includes eLynx and more than 180 other companies in a wide range of industries, will provide equity and debt financing for the transaction. The combined companies will offer a comprehensive range of services, including electronic and paper fulfillment, electronic disclosures, electronic signatures, electronic loan folders, and investor delivery, eLynx said. "The eLynx and SwiftView organizations are highly complementary to one another," said Phil Huff, president and chief executive officer of eLynx. "These synergies will enable us to rapidly advance e-business innovation and set the standard across financial services and a broad range of industries." The companies can be found online at http://www.elynx.com and http://www.swiftview.com.
-
The servicer will pay $4.5 million in remediation to affected homeowners for incorrectly imposing force-placed insurance on thousands of borrowers.
2h ago -
The trade group supports a narrow rewrite of the agency's manufactured home definition but it wants FHA valuation projections before lenders can scale.
2h ago -
Pending home sales, a real-time indicator of homebuying demand, dropped 2.5% to their lowest level since December, according to Redfin's latest report.
3h ago -
Mortgage production declined overall in July from activity earlier this summer amid growing rate volatility, according to two new originations reports.
3h ago -
Long Island-based Dime Commercial Bancshares, which continues to transform itself from a thrift into a commercial bank, is eyeing additional expansion in the Garden State.
3h ago -
In the latest round of posturing between the one-time merger partners, Two Harbors said the filing was part of a "familiar refrain" by UWM to blame others.
5h ago








