Pleasanton, Calif.-based Wausau Mortgage Corp. has implemented the Web Posting Service provided by eLynx Ltd., Cincinnati, to allow for electronic delivery of residential mortgage documents.The lender had previously used eLynx's Desktop Connect product but has upgraded to the firm's Enterprise Connect offering, which will allow for document packages to be sent automatically without human intervention. Wausau Mortgage originates about $150 million in residential mortgages each month. The announcement was made at the MBA's annual convention in San Diego. The companies can be found online at http://www.wausaumortgage.com and http://www.elynx.com.
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Anthropic's head of banking told New York Banking Summit attendees that the future is agents that operate autonomously alongside employees.
June 19 -
The industry association said total multifamily mortgage debt alone increased by $23 billion, or 1% in Q1, representing a $2.32 trillion increase from Q4 2025.
June 18 -
Chair Travis Hill said SVB showed banks can't always sell securities fast enough to cover deposit outflows, but acknowledged the "stigma problem" with discount window borrowing remains unsolved.
June 18 -
The merger will bolster existing safeguards against AI threats, while providing a tool that should appeal to young homebuyers, leaders of the companies said.
June 18 -
At a conference in New York, Joseph Otting reflected on the difficult hiring decisions he made early in his tenure heading Flagstar Bank, which just two years ago was on the verge of collapse.
June 18 -
Economic uncertainty and higher rates in May contributed to the second decline in applications for new homes on an annual basis, reversing March gains
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