John Alderman, the company’s SVP of Engineering, is recognized for his leadership in developing new API capabilities in support of the LoanLogics IDEA® (Intelligent Data Extraction and Automation) platform. The innovations his team have built are able to be used by other lenders and technology providers to achieve 99% data accuracy for their document processing.
LoanLogics' IDEA OnDemand and LoanBeam Tax Solutions Now Integrated with Finastra Mortgagebot
Integrations enhance lender capabilities and ease of use for document processing and income calculation Lake Mary & Jacksonville, Fl. | September 27, 2023The integration of LoanLogics' IDEA OnDemand, a cloud-native digital assistant for document processing, with Finastra Mortgagebot's user interface replaces manual document classification and document data rekeying tasks and brings enhanced automation and data accuracy to the mortgage origination process. The integration with LoanBeam Tax offers a seamless, efficient, GSE-certified solution for determining qualifying income for self-employed borrowers right from within Finastra Mortgagebot.
LoanLogics Celebrates Anniversary of Achievements for Data Automation for Top Mortgage Lender
Pennymac’s 11-year partnership contributes to LoanLogics’ rapid ramp up of IDEA® automated document classification and data extraction. Jacksonville, Fl. | May 23, 2023“Over the past decade, LoanLogics has worked with us to set a new standard of performance in our correspondent business,” said Otto Saurez, Managing Director of Mortgage Fulfillment at Pennymac. “We’ve been able to dynamically scale our operations in a constantly changing market.”
Redwood Trust Selects LoanLogics IDEA to Ensure Mortgage Loan Quality
Specialty housing finance leader to benefit from recent integration with LauraMac’s Loan Review platform Jacksonville, Fl. | March 2, 2023“Loan quality has been a hallmark of our business throughout our history, which is why we look forward to using LoanLogics’ technology and services as part of our residential mortgage banking operations,” said Chief Operating Officer of Redwood Residential, Carlene Graham. “LoanLogics IDEA will provide us with data-driven digital workflows that enable us to continue providing high-quality, innovative residential products to meet the needs of today's homebuyers.”
LauraMac Completes Integration with LoanLogics
Integration with LoanLogics IDEA®, an intelligent document processing and data extraction technology Mercer Island, WA | February 9, 2023“We are excited to include LoanLogics in our growing number of integration partners,” said LauraMac CEO Bob Fulton. “Giving our clients the ability to put the LoanLogics’ data into actionable workflow within the LauraMac technology further advances our vision of a touchless or exception-based loan review.”
LoanLogics Receives SOC-2 Type II Certification
Successful audit ensures loan quality leader’s controls keep client data safe Jacksonville, Fl. | January 25, 2023
A Service Organization Control (SOC) 2 Type II examination provides LoanLogics clients with confidence that their data is protected by one of the most stringent control standards that exists.