Bill Neville is responsible for defining and executing the direction of LoanLogics’ unique portfolio of technologies and services to rapidly grow sales and increase customer engagement and retention.
During his tenure, the company has seen a 49% growth in its origination network and 55% growth in its servicing network over the past year alone.
In fact, under Neville’s direction, 40% of all U.S. correspondent loan volume now flows through LoanLogics technology and from many of the largest correspondent lenders in the mortgage industry.
Neville has worked hard over the past year to expand the industry’s awareness of AI, machine learning and digital labor, and help propel the expansion of their use.
With the help of his leadership, LoanLogics has also become a leader in the adoption of machine learning to remove human capital from the routine tasks of processing loan file documents and in building purified loan file data.
Neville has guided efforts that leveraged LoanLogics’ unique position with respect to its vast library of loan file documents and data—now having processed more than 600 million documents and extracted over 5.3 billion data elements—to build and train machine learning technologies and related services that achieve 99% data accuracy.
With Neville at the company’s helm, the company launched in April LoanLogics IDEA OnDemand, a cloud native digital assistant for in-line, real-time document processing.
And Neville is already working on new industry firsts, including the development of a new, completely rules-based digital decisioning product that can be used in loan underwriting.
What has been your secret to success?
Today, while business is booming, costs should be tightly managed. Enabling the mortgage industry to do more with less, working with bright people making a difference and bringing to market technology that creates a positive impact has led to my success.