Scott Carstens has been named chief financial officer of eLynx Ltd., a Cincinnati-based provider of secure document delivery and business process management Web services for the financial services industry.The company also announced the appointment of Alexander Pozin as the director of product marketing. The appointments will "help further solidify" the company's position in the mortgage finance market and position it to move into additional markets such as general financial services, auto finance, consumer lending, and insurance, eLynx said. Mr. Carstens previously held various posts in finance, accounting, mergers and acquisitions, planning, treasury, and sales at NCR Corp, Convergys Corp., OfficeMax Inc., TRW Inc., Oracle Corp., and Siebel Systems. Before joining eLynx, Mr. Pozin worked for Waterloo, Ontario-based Open Text Corp. as a product marketing manager, with Washington Mutual in strategic sourcing, and with Deloitte & Touche in consulting, eLynx said. The company can be found online at http://www.elynx.com.
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The new law adds rules, including counseling requirements, which would put severe constraints on originations of HEIs, an industry representative said.
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Federal Reserve Gov. Christopher Waller said certain corporate functions at the 12 regional banks, including information technology and human resources, could be consolidated under one structure to increase standardization and reduce costs.
April 21 -
More than 21% of reverse mortgage clients entered counseling with a deficit in their monthly budget last year, almost double the 12.2% of clients in 2024.
April 21 -
Kevin Warsh, President Donald Trump's pick to lead the Federal Reserve, denied that he would act as Trump's "sock puppet" if he's confirmed and said the president has directed him to lower interest rates.
April 21 -
The Chicago-based homeowners received a $41,000 check to pay down a portion of their existing mortgage, freeing them from the lock-in effect, DREAM product provider Takara said.
April 21 -
March home sales increased 31.6% from February, the largest month-over-month jump since 37.4% in 2023, according to Remax's latest national housing report.
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