eLynx, a portfolio company of American Capital, said that it has released its new eHUD service, a component of the Electronic Closing Network (eCN), for lenders and closing agents to comply with RESPA regulations governing good faith estimates (GFE) and the HUD-1.

Recent changes to RESPA regulations limit the differences allowed between the fees disclosed on the GFE and the amounts collected from the borrower at the closing table. These controls require that lenders and settlement agents work closely to negotiate fees and limit differences on the HUD-1 while preparing mortgage documents, according to eLynx.