LoanLogics Hires Matt Thoman as Product Manager for its Pricing and Eligibility Decisioning Technologies

Fort Washington, Pa | July 24, 2013 LoanLogics, a recognized leader in loan quality management and performance analytics, because of its unprecedented growth has hired long-time mortgage industry pro, Matt Thoman, as Product Manager for Origination Technologies. In that role, he is responsible for LoanDecisions, the most advanced product eligibility and loan pricing engine available in the mortgage market—a system that delivers accurate, real-time investor pricing and eligibility data.

“Matt proves every day that he is a creative, out of the box thinker who will fit right in with our client focus, corporate culture, and commitment to innovation,” said Brian K. Fitzpatrick, President and CEO of LoanLogics. “He brings a knowledge of the mortgage market and a commitment to solving mortgage industry challenges that’s best in class.”

“The focus at LoanLogics has always been to innovate—to ensure our clients have the technology to stay ahead of their competition, keep their business profitable and minimize risk, such as staying compliant with new regulations,” said Thoman. “That’s an environment I thrive in, and I look forward to helping the firm continue to deliver industry leading technology. It’s a chance to develop solutions that can make a significant difference in the mortgage industry, and that was an opportunity that was just too good to ignore.”

Thoman worked for several years with lenders and understands the loan lifecycle and the challenges lenders face. Thoman has a proven track record in mortgage technology that includes project management for software implementations on multiple platforms, including pricing engine technologies. Also, he has managed, enhanced and migrated loan-origination platforms as well as developed automated software solutions to address issues throughout the loan lifecyle.

In his new role working on LoanDecisions, he will have the opportunity to develop the technology to address industry challenges and the needs of the marketplace. His goal will be to engineer applications that enable clients to stay ahead of competitors, ensure compliance with regulations, and execute profitable pricing strategies despite a challenging mortgage environment.

Before joining LoanLogics, Thoman was one of the first employees hired in 2008 to grow E Mortgage Management LLC, following the collapse of the real estate market. He led the project management team for new product development, and wrote the underwriting and product guidelines for the company.

Thoman was instrumental in the development of both their retail and wholesale divisions—including policies, procedures and sales tools. Also, he oversaw the product help desk for all originations.

About LoanLogicsLoanLogics was founded to improve the transparency and accuracy of the mortgage process, improve the quality of loans and reduce risk to industry participants. 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 our Enterprise Loan Quality and Performance Analytics Platform. To learn more, visit www.loanlogics.com

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