Awards

2020 HW Tech100 Mortgage winner: LoanLogics

Driving long-awaited innovation

LoanLogics is driving long-awaited innovation and expediting primary and secondary market processes that enable mortgage organizations to save time and money. LoanLogics enjoyed success and revenue growth in 2019 by implementing a major project with a GSE, enhancing technology integrations and leading the mortgage industry in machine learning-based document processing. The company leverages business rules automation and machine learning technologies to achieve data purity while simultaneously streamlining loan quality management, increasing productivity, and reducing costs.

  • In 2019, LoanLogics achieved 49% growth in its origination network and 55% growth in its servicing network
  • Documented results of its clients and internal audit staff include seven to eight post close reviews (credit and collateral) and more than 18 compliance reviews per person per day, and 90% automation of HMDA reviews.
  • LoanLogics was selected by Freddie Mac to be the technology provider behind one of its newest programs, its FAST offering.

www.loanlogics.com

Most Popular Articles

The housing market faced uncertainty in March, but now ‘it’s a circus’

The housing market faced a lot of uncertainty when COVID-19 caused the real estate industry to pause under shut-downs, but low interest rates and the desire for more space have turned this year into a boom time for real estate agents.

Oct 21, 2020 By

Latest Articles

The housing bubble boys blew it in 2020

The NAR existing home sales report released today blew out all estimates with 6,540,000 in existing home sales. This epic headline punctured any 2020 bubbles the housing bubble boys had left in their arsenal. But before we get too excited, keep in mind we are still down 0.2% year to date compared to 2019 levels. Still, this seems like a booming housing market, right?

Oct 22, 2020 By
3d rendering of a row of luxury townhouses along a street

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