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 2021 LoanLogics Year in Review.
At the start of the year, we hired a new SVP of Correspondent Lending who is responsible for enhancing the company’s product offerings and driving innovations that address the various needs of the correspondent segment of the industry
Mike Halal was also hired this year as VP of Operational Risk. He already wrote a piece for us a few short months ago on the importance of cyber security awareness month.
Another notable hire was Quinn Thomas as Chief Revenue Officer. His extensive financial services experience will undoubtedly catapult our growth.
In other associate news, we had three win industry awards for HousingWire’s Woman of Influence, Insiders and Tech Trendsetter awards. LoanLogics also took home its 8th consecutive Tech 100 win.
We also produced a lot of great new content. All of our thought leadership on the value of confidence scoring to the importance of data standards can be found on our news page.
Posting 52 blogs a year on b-logics, the following 5 earned the “most read” of this year’s content!
- The Automated Rules behind HMDA Reporting
- Merry Making Mortgage Memes (It’s fun see so many have a good sense of humor!)
- 3 Must Have Loan Quality Tools to Ready for GSE Audits
- The Importance of Fraud Analysis “Pre” Funding
- Spring into a “Break” with LoanLogics (It’s clear folks can always use a brain break in the day)
Our new white paper, “The Double Act of Human & Machine – A Relationship Story,” explains how machine learning and other technologies can be used to manufacture higher quality loans, ensure consistency of data across documents and systems, optimize margins when selling loan assets, and automate manual work to compliment and enhance the value of human teams.
We also release a refreshed product video of our flagship product, LoanHD. Look for another new video on one of our key solutions early in the new year!
Continuing with the product topic, we launched two new products in 2021. One, a data only audit solution for HMDA and the other a solution for streamlining MSR Transfer,
And if all of that wasn’t enough, we had two major pieces of acquisition news for the company. The first was the acquisition of LoanLogics by an affiliate of Sun Capital partners. With Sun we’ll have the level of experience necessary to help us leverage our technology leadership, excel operationally and optimize growth.
The other big acquisition news was LoanLogics acquiring LoanBeam this month, which expands company’s portfolio of origination tools that ensure loan quality in manufacturing!
If you thought our 2021 LoanLogics Year in Review was exciting, just wait til 2022! Happy New Year!