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eLynx Reports Results From First elynxPro Users at NAMB Annual Convention
June 07, 2004
Secure electronic document delivery system accelerates the loan process for more than 50 eLynx customers.
SALT LAKE CITY, June 7, 2004 – eLynx Ltd., a provider of electronic document delivery solutions for mortgage professionals, announced results from the first pilot users of its newest product, eLynxPro™, at the 2004 National Association of Mortgage Brokers (NAMB) Annual Convention in Salt Lake City. eLynxPRO is a Web-based document delivery system that provides all the tools needed to easily manage and securely deliver and receive the numerous documents required in the loan process.
eLynxPRO, first released in March at the 2004 National Technology in Mortgage Banking Conference, combines the convenience and simplicity of e-mail with the guaranty of secure document delivery and data transfer. Since its availability, 53 pilot users have implemented eLynxPRO and four users are currently in production. With this new service, eLynx brings the industry a secure, single-source electronic document delivery solution designed to be used by all mortgage professionals, including lenders, brokers, closing agents, appraisers and all other service providers.
“We chose eLynxPRO because it offers a secure way to deliver documents that is simple to implement and as easy to use as e-mail,” said Jennifer Christensen, a Real estate closing agent at Wasker, Dorr, Wimmer and Marcouiller, PC. “The speed of delivery is significant and I can deliver HUD statements much more efficiently now by just clicking and sending without ever leaving my desk. We depend on eLynx as a trusted provider of electronic document services and truly value the high level of service that they deliver to make our jobs easier.”
eLynxPRO utilizes an intuitive layout and can be integrated with popular e-mail platforms such as Microsoft Outlook™. Some of the service’s distinct features include: on-screen tracking capabilities, delivery error notification, recipient profile contact management, compatibility with any existing loan origination system and one-click closing document package features.
“Alarmingly, many mortgage professionals are not aware of the data integrity risks associated with sending information via conventional e-mail and unintentionally neglect the security of their documents for the convenience of an easy-to-use delivery system,” said Phil Huff, president of eLynx. “eLynxPRO was designed to bring the mortgage industry a secure vehicle for the electronic transfer of information. Our solution is easily implemented, as simple to use as e-mail and provides a faster, more reliable loan process, guaranteeing the protection of data integrity.”
About eLynx
Cincinnati-based eLynx Ltd. provides the mortgage industry with all the tools needed for electronic delivery and eSigning of documents. eLynx launched its secure electronic document delivery (EDD) service in June 1999. The company's WPS (Web Posting Service) interfaces with any existing system to deliver and track data and documents securely on the Web in a fraction of the time and cost of conventional overnight and mail services. The company's newest service, uSign™, is the industry's first real-world electronic document delivery and electronic signature service, allowing lenders to interface directly with the homebuyer for immediate approval of loan application and disclosure documents. Today, eLynx customers account for more than 30 percent of all mortgage originations. For more information about eLynx, visit the company's Web site at www.elynx.com.