The mortgage industry is heading into 2025 at a crossroads. The long-standing struggle with unstructured data has reached a tipping point—one that demands action. While AI-powered automation, advanced analytics, and digital transformation have surged ahead, too many lenders are still stuck in the past, relying on manual processes that slow them down. The time for change is now. Mortgage lenders…
Category: Mortgage Loan Production
Revolutionizing Loan Processing: How LBPA Can Transform Your Operations
Manual loan processing is a significant bottleneck, leading to delays, errors, and increased operational costs. According to a recent survey, conducted by Freddie Mac®(A), lenders who failed to automate at high rates, experienced ~14% or $1,700 more overhead per loan file and extended cycle times by 7 days. Enter LoanBeam Processing Automation (LBPA), a game-changer in the loan processing landscape.…
Applying “Quality 4.0” to Mortgage Manufacturing
In the fast-evolving mortgage industry, operational efficiency and customer satisfaction are paramount. Embracing advanced technology, such as what is outlined in the principles of “Quality 4.0,” (1) can revolutionize how companies like LoanLogics manage quality assurance, compliance, and overall operational performance. Understanding Quality 4.0 and Its Implications Quality 4.0 is the application of Industry 4.0 digital technologies —such as predictive…
Meet LoanLogics’ 2022 HousingWire Insider
Last week it was announced that LoanLogics’ Head of Mortgage Automation Technology, Roby Robertson, was part of an esteemed class of 2022 HousingWire Insider Award winners. The award recognizes the “industry professionals who are essential to the performance and success of their organizations but may be lesser known to those on the outside. These industry pros are the engines that keep…
Live Weekly LoanBeam® Solution Demos
Did you know that each week, typically on Monday, LoanLogics hosts a LIVE demo of our technologies in the LoanBeam Income Suite, delivered by Moi? You know that stereotypical experience of walking into a car dealership to merely look around and one of the hungry car salesmen at their desks quickly makes their way over to and begins hard selling…
Five Reasons to Automate Mortgage Income Calculation
Shrinking profit margins, resource constraints, and growing revenue goals are forcing lenders to rethink their mortgage application process. If you’re reading this, you’ve likely been considering (or doing) ways to automate some or all your application process. Some parts have been easier than others, (e.g., credit scoring) but others, such as income assessment, have been more elusive. But, if you…