Company continues focus on its core products and services that improve ROI for clients
May 21, 2018 — Trevose, PA — LoanLogics, a recognized technology leader in loan quality management and performance analytics, announced it is partnering with Transformational Mortgage Solutions (TMS), a provider of management consulting services for the mortgage industry.
As part of the partnership, TMS will acquire LoanLogics’ non-core MSR consulting products and re-brand LoanLogics’ MarketLogics newsletter, which informs readers on technical, interest rate, volatility and yield spread outlooks for the mortgage industry. Les Parker, who oversaw MarketLogics and led LoanLogics’ industry relations and consulting efforts, will join TMS as its Managing Director. He will continue working closely with LoanLogics.
“By transferring the company’s non-core, MSR consulting business to TMS, LoanLogics will align all its resources to focus on its core products and services that bring significant ROI to its customers,” LoanLogics CEO Brian Fitzpatrick said. He added that Parker will continue to advise LoanLogics on economic outlook, strategic partnerships, collaborate with LoanLogics at industry events and provide content to a new weekly LoanLogics newsletter currently in development.
“We appreciate the opportunities afforded us to work with LoanLogics, a technology company that brings transformative solutions to mortgage banking,” said TMS founder David Lykken. “Adding LoanLogics’ consulting services and Les Parker, a Certified Mortgage Banker, fits with our vision and our new Advisory Board services.”
“Customers trust us to share creative communication, and seek tangible benefits from process improvement,” said TMS President and COO, Beth Ozenghar. “As we expand our services this will make a great addition to our product offering.”
“TMS is one of the best management consulting services in the industry and the firm, and it’s principal, David Lykken, have been close partners of ours for many years, so they were the natural choice to take over our non-core consulting operations,” Fitzpatrick said. “We also look forward to continuing to work with David and Les, which will expand on the contributions that Les has made toward our growth over the years, including our positive culture. Les’s insights have helped refine our vision as a company and helped us build better products and improve customer results.”
LoanLogics was founded in 2005 to improve the transparency and accuracy of the mortgage process and improve the quality of loans. Our regtech capabilities help residential mortgage lenders, servicers, insurers, and investors validate compliance, improve profitability and manage risk during the manufacture, sale and servicing of loan assets. We are proud of the recognition our loan quality management and performance analytics technology has received, the corporate recognition of our business and client growth through Deloitte’s Technology Fast 500™, corporate culture awards and executive leadership team recognition, including the leadership of our women executives. As the digital mortgage process evolves, our innovations and compliance expertise will continue to help ensure the accuracy and performance of loan assets. To learn more, visit www.loanlogics.com