Phil Huff has stepped down as president and chief executive officer of eLynx, a Cincinnati-based provider of electronic document delivery systems for mortgage lenders, handing over the posts on an interim basis to Sharon Matthews.Mr. Huff, who retains his membership on the eLynx board of directors, will assist in the executive transition and support the company's sales and business development efforts, eLynx said. "Under Phil's leadership, the company has firmly secured its position in mortgage banking; acquired SwiftView [a provider of electronic document viewing software]; and established a foothold in the insurance sector," said Todd Wilson of American Capital Strategies Ltd., which purchased eLynx in 2004. The company can be found on the Web at http://www.elynx.com.
-
Ralo uses artificial intelligence to automate the entire process, saving consumers money by cutting out commissioned loan officers, processors and underwriters.
1h ago -
Part of the proposal affects the risk weighting for certain "investment properties and other cashflow-dependent" mortgages, according to a new Pennymac report.
2h ago -
William Isaac led the Federal Deposit Insurance Corp. through the banking and thrift crises of the 1980s and was a frequent commentator on bank regulation after his time in public service.
2h ago -
The longtime Federal Reserve chair served under four presidents and presided over the deregulatory and pro-market push of the 1990s and early 2000s that set the stage for the 2008 mortgage crisis.
6h ago -
Life insurers have offloaded long-term policyholder liabilities into offshore reinsurance and captive subsidiaries, raising concerns over state oversight of opaque investment vehicles and whether insurers have adequately funded claims.
10h ago -
AI is leaving its marks in a wave of recent pro se litigation with fabricated citations and debunked arguments found throughout lawsuits, attorneys say.
10h ago









