News & Happenings at LoanLogics

And The Award Goes To…

LoanLogics and members of the team have been fortunate to be recognized for contributions to the mortgage industry through numerous awards and industry honors, as well as by being asked to speak at various conferences and events throughout the year. Our most recent accolade was from HousingWire for their Tech100™ award which led to an interview with one of HousingWire’s…

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Mortgage Data and Doc Processing

People-powered Doc Processing Hampers Loan Production

Especially now when loan officers, processors and underwriters are slammed with volume, borrowers can become easily frustrated with a mortgage origination experience that is primarily driven by peoplepower.  The manual classification of documents and extraction of data from them for entry into other systems can be the first weak link in a chain that causes errors. It makes for a…

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Mortgage Industry Trends

Digital Labor is a Workforce Waiting to Be Exploited

The mortgage industry has gone digital, in parts. Full adoption has been curtailed because operationalizing digital labor takes concentrated care and feeding to truly realize the full value this workforce can bring to your business. Without it, automation will continue to be applied here or there, change management will remain a struggle and where you are using digital labor will…

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Mortgage Data and Doc Processing

Scaling Production in the Time of Corona

The mortgage industry has been fortunate in that we have not experienced the intense layoffs occurring in so many other industries.  However, even with a healthy staff, the volume that we are seeing right now, coupled with the work from home distractions, lenders are having challenges scaling and meeting borrower needs in a timely manner.    Lender mortgage pipelines are…

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