In April, Fannie Mae® launched a new series of articles dedicated to helping their sellers strengthen their core quality control (QC) governance plans. The first installment covered the importance of a well-defined and thorough Fannie Mae QC Plan. In it, they laid out eight common gaps frequently missing in QC plans they audit. Below I share all eight and how…
Earlier this month, LoanLogics was named to HousingWire’s 2022 Tech100 list for the ninth consecutive year! This year’s distinction was a result of the groundbreaking machine learning-based technology in, LoanLogics IDEA™ (Intelligent Data Extraction and Automation) for MSR Transfer. What makes it so groundbreaking you might ask? It’s well known the physical transfer of loan files between counterparties in mortgage servicing…
Like many other organizations across the globe diversity, equity, and inclusion is a priority for LoanLogics. In 2021, a committee was formed to discuss and execute on this important initiative in 2022 and beyond. International Women’s Day, which has been celebrated worldwide for over a century, is a great day to raise the awareness of gender equity in the workplace.…
Wow, where did 2021 go? Like for many of you in the mortgage industry it was another busy year for LoanLogics! We had so many exciting announcements and initiatives it’s no wonder we looked up and it’s almost 2022. ICYMI (In case you missed it) or some of what we were up to this year here are the highlights, our…
When the house you love starts to show worn flooring, loved appliances and outdated fixtures it’s time to renovate. Most of us don’t have the budget to renovate the entire house. Nor do we have the capacity to do it all at once. Neither living with mom or in a construction zone is ideal. That’s why so many of us…
Machine learning has significantly increased document processing efficiency in the mortgage industry. However, the effectiveness of any technology depends on document quality and a vendor’s ability to train machine learning models on a broad set of document types. As such, it’s wise to be skeptical of broad accuracy claims being made across the industry from start-ups and seasoned vendors alike.…
