Trevose, PA, January 5, 2017

Birdsey Group Selects LoanLogics for Loan Quality Management

LoanHD® accelerates turn times with real-time loan quality management while facilitating business growth

LoanLogics, a recognized technology leader in loan quality management and performance analytics, announced that Birdsey Group LLC, a nationwide real estate consulting firm that specializes in third-party due diligence reviews and mortgage quality assurance services, has selected the LoanHD® platform for performing loan quality reviews.

Prior to choosing the LoanHD® platform, Birdsey Group was experiencing rapid business growth but spent too much time on internal manual processes, which was hampering the company's productivity and ability to scale. After an extensive search, the company chose LoanLogics' LoanHD® platform, a software-as-a-service technology that automates loan quality reviews, which enabled Birdsey to audit loans faster, more accurately and more consistently while providing the ability for the company to handle growing volume.

"LoanHD® has exceeded all productivity expectations and accelerated our turn times tremendously," said Todd Grashaw, managing director of the Birdsey Group. "Our customers tell us all the time how much they like how clean and efficient our reporting and rebuttal capabilities are, which results in a competitive advantage over our competition. We couldn't be happier with our decision."

"We are proud to be part of Birdsey Group's loan quality management strategy, as the firm shares our commitment to ensuring accuracy, transparency, and reliability in the mortgage process," said Matt Woolley, Senior Vice President, Sales at LoanLogics. "We look forward to a long and successful relationship."

Woolley added that many companies like Birdsey Group are having trouble managing growth while simultaneously ensuring loan quality, a challenge that is likely to continue for the foreseeable future. According to Fannie Mae's November Economic and Housing Outlook report, purchase loan originations are expected to increase substantially in 2017 and 2018. Yet lenders continue to face strict regulations and investor guidelines that add significantly to loan production costs.

"Facilitating growth while producing consistently accurate, compliant mortgages is next to impossible without leveraging technology that is capable of verifying and validating 100 percent of the data in every file," Woolley said. "Not only does LoanHD® ensure compliance, it's a completely flexible, automated solution that makes it possible to eliminate loan file inaccuracies, which minimizes operational costs while facilitating growth."

Recently, LoanLogics was recognized as one of the fastest growing technology companies in Deloitte's Fast Technology 500 list after reporting revenue growth of 291 percent between 2012 to 2015. Much of LoanLogics' growth has been attributed to the popularity of the LoanHD® platform, which provides companies with all the capabilities they require to ensure loan quality while eliminating costly manual processes. Additionally, LoanLogics uses insights gained from its audit services to continually update its platform, a benefit that pure technology competitors simply don't have.

For further details, please see the Birdsey Group Case Study.

About Birdsey

Founded in 2004, Birdsey Group is a national real estate consulting firm providing an array of specialized services to the real estate investment and finance industries. Birdsey Group provides support for loan origination support, asset management, highly structured securitized transactions, B-Piece underwriting, as well as agency and commercial mortgage-backed securities (CMBS) loan assumptions. Birdsey Group Residential LLC is a wholly owned subsidiary of of Birdsey Group specializing in third party due diligence services and post-close quality control. Their diverse set of customers includes loan originators, Real Estate Investment Trusts, loan servicers,and purchasers of mortgage loans and mortgage servicing rights. Headquartered in Atlanta, Georgia, with offices in Dallas, Texas and Orange County, California, Birdsey Group LLC provides services in all 50 states as well as Puerto Rico and Guam and was recognized as the sixth fastest growing real esate company in the Nation by Inc. Magazine. Its experienced staff of professionals includes real estate appraisers, underwriters, due diligence analysts, real estate brokers, developers, property managers and accountants. For more information, visit www.birdseygroup.com.

About LoanLogics

LoanLogics was founded twelve years ago to improve the transparency and accuracy of the mortgage process and improve the quality of loans. LoanLogics serves the needs of residential mortgage lenders, servicers, insurers, and investors that want to improve loan quality, performance, and reliability throughout the loan lifecycle. It develops advanced solutions that help clients validate compliance, improve profitability, and manage risk during the manufacture, sale, and servicing of loan assets. Achieving these goals was the motivation in the development of the industry's first Enterprise Loan Quality and Performance Analytics Platform. To learn more, visit www.loanlogics.com.

Media Contact

Ron Anderson
Strategic Vantage Marketing & Public Relations
(770) 715-0655
Ron.Anderson@StrategicVantage.com

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