eLynx, Stewart Partner to Deliver Electronic Closing Options for Lenders

Stewart Lender Services, (San Francisco) a subsidiary of Stewart Title Company, has entered into a partnership with eLynx, Cincinnati-based portfolio company of American Capital, and secure electronic document collaboration and distribution network provider for the financial services industry, to integrate Stewart's eClosingRoom electronic closing technology with the eLynx expedite platform.

This integration supports electronic, hybrid, and paper closings, giving lenders more opportunities to leverage electronic processing efficiencies while providing a consistent experience for borrowers, according to the companies.

Sharon Matthews, eLynx president and CEO, notes that the integration of Stewart Title's eClosing Room with the extensive eLynx lender network is significant in that it connects a large portion of the lending community with an established electronic processing channel, putting the whole industry closer to the critical mass required to make widespread electronic processing a reality. eLynx believes the next evolutionary phase for common closing scenarios will not only include branches and settlement offices, but even online closings.

Peggy Bresnick Kendler has been a writer for 30 years. She has worked as an editor, publicist and school district technology coordinator. During the past decade, Bresnick Kendler has worked for UBM TechWeb on special financialservices technology-centered ... View Full Bio