LoanLogics

LoanLogics, Inc. is a provider of innovative mortgage loan software products and services aimed at enhancing the efficiency and quality of the mortgage industry. Based in Trevose, Pennsylvania, the company offers several key platforms, including LoanDecisions for product eligibility and mortgage pricing, and LoanHD for real-time loan quality management. Its solutions are designed to automate key processes, thereby reducing loan defects and costs while managing risks in the manufacturing, acquisition, and sale of loan assets. LoanLogics serves a diverse clientele, including residential mortgage lenders, servicers, insurers, and investors, and has established strategic partnerships to enhance its offerings. Founded in 2006 and originally named Aklero Risk Analytics, LoanLogics rebranded in 2013 to reflect its focus on comprehensive mortgage solutions.

Terrell Cassada

Executive Vice President, Product Architecture and Innovation

1 past transactions

LoanBeam

Acquisition in 2021
LoanBeam is a technology services company focused on the mortgage lending sector, providing solutions to streamline income calculation and verification processes. It utilizes proprietary algorithms and advanced Optical Character Recognition (OCR) technology to transform complex PDFs containing diverse income streams into clear, consolidated Cash Flow Analyses that comply with investor guidelines. By employing machine learning tools, LoanBeam effectively interprets and organizes unstructured data from various document types, allowing lenders to save time and reduce costs through standardized and efficient income calculations.
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