eLynx, a portfolio company of American Capital Strategies Ltd. and provider of a secure electronic document communications network for the financial services industry, says that Wells Fargo Funding has approved eLynx's uSign and SwiftSign electronic signature services for use by all of its correspondent lenders.
Correspondents will now be able to choose uSign and SwiftSign to incorporate eSign capabilities into their lending operations. ELynx notes that it is among the first vendors to be approved by Wells Fargo Funding.
Wells Fargo will now accept initial disclosures and preliminary 1003s that are signed with uSign or SwiftSign. For those correspondent lender customers currently employing the eLynx network for Electronic Investor Delivery, switching on to do business with Wells Fargo is easily accomplished, and adding eSignature capabilities is equally simple, according to eLynx.