From regulation and compliance to investor guidelines, data accuracy undoubtedly must be at the core of everything the mortgage industry does. Speed and cost must also be properly balanced against it to succeed. Our director of technology discussed this in a 2018 blog post, “The Iron Triangle of Data Extraction.” LoanLogics certainly puts the importance of this message at the…
When we launched LoanLogics® IDEA OnDemand back in April, we knew it was a tool primed to transform loan production. This became increasingly clear, as we watched volumes shoot through the roof this summer. We saw how manpower alone could not efficiently manage the mushrooming mortgage document processing workload. Over the last few months while talking with lenders about the…
When LoanLogics signs a new client, both for outsourced quality control and those using our LoanHD® audit platform, it’s common place for an account manager to check in to see if we are delivering as promised. We work with clients to assess the value of our technology, timeliness of our services and responsiveness of our support. This touch base also…
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…
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…
Last week, LoanLogics participated in the California Mortgage Bankers Association’s Mortgage Innovators (virtual) Conference, as both a sponsor and exhibitor. During the two-day event, we were featured during a 2020 Housingwire Tech 100 sponsor spotlight break. One of the publication’s managing editors, Brena Nash, sat down with me on a video chat to answer three questions about what driving factors…
