LoanLogics has released LoanLogics IDEA^™ for MSR Transfer, a new solution that automates document processing and data extraction for mortgage servicers and banks when acquiring mortgage servicing rights (MSR).

LoanHD^® HMDA DirectCheck^™ uses data from a lender’s trusted source to trigger a proprietary rules engine that automatically clears loans with no errors—often the vast majority of loans—and identifies loans with defects for manual exception review.

In this role Milburn will be responsible for enhancing the company's product offerings and driving innovations for automated document processing and audit technologies that address the various needs of the correspondent segment of the industry. He will report to chief product officer David Parker.

CEO Bill Neville has been named a 2020 HW Vanguard Award winner by HousingWire magazine for outstanding leadership in the housing finance industry. HW Vanguard Award winners were chosen by HousingWire’s selection committee for their vital contributions to their companies and the dynamic way they are changing the industry.

The American Cancer Society’s mission is to save lives and lead the fight for a world without cancer. But for the first time in its 107-year history, the organization is facing a serious financial shortfall since the current health crisis has impacted its fundraising efforts. LoanLogics is helping to minimize the impact through its sponsorship of Hope Gala 2020 – The Sound of Hope on September 11. With involvement that began in 2012, the company is a long standing and proud supporter of the event.

The white paper, "A Field Guide for the Care and Feeding of Digital Labor," defines and lays out best practices for implementing a digital workforce. It also explains how digitizing work will reshape the lending process and answers important questions for lenders thinking about leveraging digital labor, such as how to prepare their organizations, technology architecture considerations that should be evaluated, how to utilize and share data across their IT infrastructure and more.

LoanLogics IDEA™ OnDemand helps originators automate the processing of loan documents on an as-needed basis and reduce staff costs. Available for use on documents associated with individual loans, it is a highly secure technology that uses machine learning to classify loan documents and extract loan data in just seconds.