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.
