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.
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The Housing for the 21st Century Act includes provisions covering policy, manufactured homes and rural infrastructure introduced in a prior Senate proposal.
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The mortgage technology unit at Intercontinental Exchange posted a profit for the third straight quarter, even as lower minimums among renewals capped growth.
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