Cincinnati, Ohio-based eLynx, an arm of American Capital Strategies Ltd., which provides a secure electronic document communications network for those in the financial services industry, announced a strategic partnership with Fresno, California-based MortgageDocs. The objective of the new partnership is to create a strategy that furthers the utilization of the Hybrid eMortgage service.
According to a press release about the newly formed partnership, the union allows lenders to electronically submit documents to MortgageDocs through eLynx’s Automated Package Delivery solution. MortgageDocs then has the ability to oversee the signing and notarization process from end-to-end.

“With the use of our online technology, signSTAT, we are able to complete the APD solution and provide a collaborative approach with eLynx that isn’t found anywhere in the industry,” said John Samarin Jr., MortgageDocs chief operations officer. “eDocs sent to eLynx by our clients are instantly made available to the notary or attorney on signSAT to print for the signing. There’s no third party needed or time wasted manually downloading and forwarding the eDocs to print.”
Robert Nilsson, eLynx vice president of marketing and market development, also toted the benefits of the partnership. “eLynx is extremely pleased to count MortgageDocs as both client and partner,” said Nilsson. “Our shared lender clients stand to see great benefits from incorporating APD into their mortgage operations. Perhaps more exciting is how this addition to eLynx’s services makes it even easier for lenders to step smoothly into the Hybrid eMortgage.”
Some of the advantages of the partnership include a reduced margin of error when dealing with signed documents, the ability to avoid exposure to fraud, as well as the ability to avoid liability measures due to mistakes by either the notary, lender, or borrower.
Click here to read the full press release.