Closing agents vetted to meet higher standards in vendor list

As the top story today illustrates, mindsets in the lending industry are starting to change and standards in the closing process are under the microscope. Lenders want to reduce the risk (real or perceived) presented by title and closing agents. To that end, eLynx announced specific enhancements to its Electronic Closing Network that are meant to more closely vet the registered users using a more robust profile and verifying underwriter standing.