LoanLogics Names Drew Milburn SVP for Correspondent Lending
Addition of 20-year industry veteran shows company commitment to the channel
January 21, 2021 – Trevose, PA – LoanLogics, a recognized leader in loan quality technology for mortgage manufacturing and loan acquisition, announced that Drew Milburn has joined the company as Senior Vice President and Product Owner focused on the advancement of the company’s correspondent lending technology platform.
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.
Prior to joining LoanLogics, Milburn was a founding member of the correspondent lending division at Texas Capital Bank, one of the largest mortgage finance banks in the nation. His leadership of the technology and business integration functions enabled the rapid growth of the bank’s de novo correspondent and servicing operations. It also gave him the opportunity to work with LoanLogics as a client partner for the development of the LoanHD® Investor Module, which was chosen as the core platform for the bank’s correspondent channel.
Milburn has over 20 years of banking and financial services experience, including senior operations and product management roles at community, commercial and regional banks. He has been involved in multiple mergers and acquisitions, core conversions and interstate banking expansions. He holds a bachelor’s degree from the University of Texas at Dallas and earned his Accredited Mortgage Professional (AMP) designation from the Mortgage Bankers Association.
“We are excited to have Drew lead the continued evolution of our correspondent investor software as we strive to help our industry leading clients distance themselves from the competition through better seller experiences while also improving their operating margins through automation,” Parker said.
“I’m excited to be joining an organization at the forefront of mortgage technology and with a specific focus on loan commerce,” Milburn said. “It is an opportunity to be part of a team creating technology innovation that lowers costs and improves time to funding for correspondent loan acquisition.”
Founded in 2005, LoanLogics is a provider of mortgage audit software and document processing automation. This data-driven digital technology improves the transparency and accuracy of the mortgage process and improves the quality of loans. The company’s capabilities and audit services help residential mortgage lenders, servicers, insurers and investors validate compliance, improve profitability and manage risk during the manufacture, sale and servicing of loan assets. LoanLogics leverages the latest methodologies in cloud computing and machine learning technology to deliver greater value for our clients. To learn more, visit www.loanlogics.com