LoanLogics’ John Alderman Named HW Tech Trendsetter
LoanLogics, a recognized leader in loan quality technology for mortgage manufacturing and loan acquisition, announced that John Alderman, the company’s SVP of Engineering, has been named a 2023 HW Tech Trendsetter by HousingWire magazine. The award recognizes the most impactful and innovative technology leaders serving the housing economy.
Since joining LoanLogics in 2015, Alderman has led several initiatives that have helped to redefine the mortgage industry, including the creation of the LoanHD® Investor Module for Correspondent Loan Acquisition, a groundbreaking innovation that automates every step in the loan acquisition process.
Most recently, Alderman’s team developed new API webhook callback capabilities in collaboration with LoanLogics’ partner, LauraMac, which notifies users of the LauraMac platform when their submitted loan file documents have been classified, had data extracted from them, and are ready for pickup through the LoanLogics IDEA® (Intelligent Data Extraction and Automation) platform. Today, this innovation and all the IDEA APIs John and his team have built are able to be used by other lenders and technology providers to achieve 99% data accuracy for their document processing.
This is the third consecutive year a LoanLogics executive has received the HW Tech Trendsetters Award. President and COO Paul Vancheri was honored in 2021, and Rich Pilny, SVP of Infrastructure and Security, was honored last year.
“When it comes to building new products that enable us to exceed our clients’ expectations, John is constantly pushing the envelope,” LoanLogics CEO Dave Parker said. “John’s passion for innovation is also a major reason why he has built such a diverse, highly engaged team of developers and engineers. We’re delighted that John is getting the industry-wide recognition he so richly deserves.”
“While I’m deeply honored, this award is truly a reflection of my teammates, who have put in many long hours for LoanLogics to get where we are today,” Alderman said. “Given the current downturn in the market, I’m incredibly proud to work with people who consistently go above and beyond to deliver solutions that help our clients reduce costs and improve efficiency.”
HousingWire’s 2023 Tech Trendsetters are made up of the top product and technology leaders who have been essential in bringing innovative tech solutions to market for housing industry clients. Similar to the HousingWire TECH100 award, which honors the most innovative companies in mortgage and real estate tech, HW Tech Trendsetters recognizes the people who develop the technology and drive innovation for their mortgage and real estate clients.
“The mission of our HousingWire awards programs is to spotlight the leaders and innovators who propel markets into the future, and this year's Tech Trendsetters stand as an extraordinary testament to this commitment,” said Clayton Collins, CEO of HW Media. “These winners are powerful architects of change, building technology and tools to enable a faster, more efficient housing market.”
About LoanLogics
Founded in 2005, LoanLogics is a provider of mortgage audit software, income calculation and verification technology, and document processing automation. This data-driven digital technology improves the transparency and accuracy of the mortgage process and improves the quality of loans. The company’s capabilities and audit services help residential mortgage lenders, servicers, insurers and investors validate compliance, improve profitability and manage risk during the manufacture, sale and servicing of loan assets. LoanLogics leverages the latest methodologies in cloud computing and machine learning technology to deliver greater value for our clients. To learn more, visit www.loanlogics.com.
About HW Media
HW Media is the leading digital community for mortgage, real estate and fintech professionals to engage, learn and access the information they need to support decision making and business growth. Aligned with our mission to Move Markets Forward, we publish daily news and content through each of our core publishing brands including HousingWire, RealTrends, Reverse Mortgage Daily and FinLedger. HW Media is based in Dallas, TX with team members across the country.
About HousingWire
HousingWire is the most influential source of news and information for the U.S. mortgage and housing markets. Built on a foundation of independent and original journalism, HousingWire reaches more than 70,000 newsletter subscribers daily and 1 million unique visitors each month and has more than 5,000 members and event attendees. Visit www.housingwire.com or www.solutions.housingwire.com to learn more.
Media ContactMike Murray
Strategic Vantage Marketing & Public Relations
(240) 498-0863
MikeMurray@StrategicVantage.com
