LoanLogics Hires Price as Senior Vice President and Promotes Durham, Ahmer and Artman to Senior Leadership Roles

Fort Washington, Pa | May 31, 2013 LoanLogics, a recognized leader in performance and loan quality analytics, because of its rapid growth has hired Jessica Price as Senior Vice President of Professional Services, promoted Griff Durham to Senior Vice President of Operations, Mary Anne Ahmer to Senior Vice President of Marketing, and Ira Artman to Senior Vice President of Product Management. Earlier in May, Aklero Risk Analytics and NYLX merged to form LoanLogics.

“Jessica has been actively engaged with our team and our customer base and is already making a positive impact on existing clients and with the company's large and rapidly growing implementation pipeline of new clients. Griff’s expertise and track record of excellence and success has made him the logical choice for his promotion into this key position,” said Brian K. Fitzpatrick, CEO and President of LoanLogics. “Ahmer played a significant role in the building of our brand in the marketplace and in the roll out of LoanLogics. Artman was indispensable in the effort to create advanced analytical tools for originators and servicers and is uniquely positioned to lead our Product Management team and keep our solutions ahead of the competition.”

In her role as Senior Vice President of Professional Services, Price's primary responsibility will be to lead the team of implementation specialists and ensure the successful deployment of the firm’s enterprise Risk and Loan Quality Management platform and platform-based managed service solutions. These include product implementation, configuration, customizations, and overall project management.

Price joined LoanLogics from Bank of America where she served as a Senior Vice President and was responsible for service delivery and change management in their Home Loans and Enterprise Compliance Services Division. Prior to Bank of America, Jessica held senior positions at several organizations including Essent Guaranty, JP Morgan Chase and GMAC Mortgage where she held leadership positions in several technology-related roles.

Durham, who served as Vice President of Credit Operations for LoanLogics since joining the company in 2010, will have primary responsibility to ensure the successful fulfillment of the company’s platform-based loan quality managed service solutions. This includes all pre and post close quality control and quality assurance, due diligence services, document processing services and on-going operational support.

Prior to joining LoanLogics, Durham spent seven years in bulk transaction management with Lydian Data Services as well as Office Tiger Global Real Estate Services Inc., formerly MortgageRamp.

Ahmer developed the strategic marketing plan for LoanLogics and leads the company’s marketing department. She is responsible for branding and advertising, search engine optimization, public relations, demand generation, product marketing, and channel marketing.

Ahmer has a proven background in mortgage technology marketing and has held executive level positions at Avaya, Lucent and AT&T. Her marketing acumen, expertise, and understanding of the mortgage business enabled her to assist LoanLogics in establishing its brand and significant growth.

Artman has created several advanced analytical tools including applications for mortgage loan pricing, secondary marketing and portfolio risk management. In addition to his ability to develop and manage precise analytical tools and processes, he has demonstrated the ability to be creative, versatile, productive, and solutions oriented.

Over his career, Artman has delivered complex solutions working for Aurora Bank FSB, JPMorgan Chase, Citibank, and others. His years of experience working in the mortgage business and for financial firms means that he brings the insights and understanding to design the tools that clients require to remain relevant.

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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