eHUD Solution Reduces RESPA Compliance Risk — The eHUD module to eCN makes HUD-1 reconciliation painless and error-free

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October 25, 2010

CINCINNATI – October 25, 2010

—eLynx, a portfolio company of American Capital (NASDAQ: ACAS), today announced that its eHUD solution is quickly gaining acceptance as an effective solution for reducing RESPA compliance risk for lenders. Since eLynx rolled out the functionality over the summer, a Top-10 bank and a Top-30 bank has begun implementing the solution as part of their standard workflows. In addition, approximately 100,000 of the nation's settlement services agents already have access to the eHUD module through eCN.

“Lenders have embraced eHUD because it mitigates compliance risk and makes it faster and easier to negotiate the HUD-1 with their settlement services partners,” said Sharon Matthews, eLynx President and CEO. “eHUD also benefits settlement services agents who appreciate having real-time information from their lender partners.”

Work that has traditionally been done with phone calls and e-mail can now be done interactively within the eCN platform that lenders and closing agents are already using to close loans. A built in audit trail and an innovative handshake mechanism make it easy to see at a glance how the negotiation is progressing, providing transparency into the fees and status of HUD-1 preparation.

The functionality that is resonating with lenders is the built-in compliance rules that allow lenders to easily comply with new RESPA regulations that limit the differences allowed between the fees disclosed on the GFE and the amounts collected from the borrower at the closing table. eHUD automatically detects when these thresholds have been exceeded on the HUD-1 and alerts the lender to potential compliance issues. A summary page in eHUD identifies which GFE fixed fees have been altered and which changeable fees have exceeded the 10% threshold. When this happens, the settlement agent is automatically prompted to provide the reason for the change. With this increased visibility into the fee increases, the lender is in a better position to decide the appropriate course of action.

eHUD is available to all users of eCN, the eLynx electronic closing network.

About eLynx

eLynx, a portfolio company of American Capital (NASDAQ: ACAS), provides the most widely used network for electronic document collaboration and distribution services for the financial services industry. Enterprises use eLynx to capture and maintain data electronically throughout the document life cycle, automating paper-intensive processes, improving workflow, reducing costs and ensuring compliance with industry regulations. eLynx serves more than 500 financial institutions, including 7 of the top 10 banks and has processed over 45 million loans. Over 4,000 enterprises worldwide, comprising more than 4 million users in a broad spectrum of industries, use eLynx's enterprise document viewing and output software daily. The company was founded in 1994 with headquarters in Cincinnati and offices in Portland, Oregon. It maintains redundant data centers in Beaverton, Oregon and Cincinnati, Ohio. For more information, visitwww.elynx.com.

Company Contact:

Robert Nilsson
Vice President of Marketing and Market Development, eLynx

rnilsson@elynx.com

Media Contact:

Rick Grant
800-979-9049

rick@rickgrant.net

News Source : eHUD Solution Reduces RESPA Compliance Risk — The eHUD module to eCN makes HUD-1 reconciliation painless and error-free