Trevose, PA, December 4, 2017
LoanLogics, a recognized technology leader in loan quality management and performance analytics, announced Craig Riddell has been promoted to executive vice president, chief business officer. Riddell, who formerly served as senior vice president and chief business development officer, will be responsible for establishing and developing ongoing relationships with LoanLogics' largest enterprise clientele, growing the company’s LoanHD® AppQ Network™ of data services and integration partners, as well as overseeing the LoanLogics’ account management and consulting services teams.
Riddell, a 2016 HousingWire Vanguard Award recipient, has 25 years of executive level experience in the real estate finance industry. Since joining the company 10 years ago, he has been responsible for implementing all LoanLogics solutions including the industry-leading LoanHD® Loan Quality Management platform, which helps mortgage lenders verify and validate the accuracy of data in their loan files.
“Craig knows our customers better than anybody at LoanLogics and his contributions to our growth as a company have been invaluable,” LoanLogics President & CEO, Brian Fitzpatrick, said. “As we continue our market penetration and bring new and innovative products to the market, Craig will be engaged more deeply in a broader set of responsibilities across our business so we may continue to solve the industry’s biggest loan quality and risk management challenges.”
“LoanLogics stands as a leader in regulatory technology for the mortgage industry, which is a key aspect for the advancement of the evolving digital mortgage environment,” Riddell said. “I look forward to my new role helping clients and partners as they move toward more digitization and the enormous opportunity we have as a company to improve loan quality and acurarcy while driving operational costs down.”
LoanLogics was founded 12 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.
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