In recent years, my role at LoanLogics has expanded into responding to vendor due diligence inquiries for new and existing clients. While traditionally it has been larger banks that require an in-depth assessment, I’ve noticed an increasing amount of small to mid-sized financial institutions who too are asking the hard-hitting questions around information security (infosec). And, they have every reason…
There has been a resounding sense of excitement here at LoanLogics since the announcement of our acquisition by an affiliate of Sun Capital Partners, and there’s good reason. Every single one of our associates, new hires and veterans alike, played a role in creating the value that made us so attractive to not only Sun, but multiple interested parties. Sun…
Business is still booming. The June 18th MBA Mortgage Finance Forecast reported in Q1 2021 refinance and purchase volumes outpaced 2020 and Q2 would see similar upticks, with purchase activity holding strong through years end. All good stuff, particularly for an industry that already experienced such unexpected good fortune in the midst of a global pandemic. With all this focus…
It’s been an exciting three months since we launched LoanLogics IDEA™ for MSR Transfer, a new solution that automates document processing and data extraction for mortgage servicers and banks when acquiring mortgage servicing rights (MSR). Since then, we have been busy bringing on new clients to help minimize some of their operational challenges managing the receipt of data and documents…
Welcome back from the long holiday weekend! To help you get your mind back on mortgage and ease into the week, we have our second installment of our LoanLogics crossword puzzle series. Try your hand at this latest puzzle below. Get stuck or want to confirm your answers? Just checkout the answer key below. Enjoy the puzzle. Start the crossword HERE.…
I have been in the mortgage industry for nearly three decades. Those who don’t know me might be surprised to know I developed some of the industry’s first quality control (QC) technology. Those that do know me, know it’s in my blood. And so, with confidence I can say that no good quality control plan is complete without a written…
