Taking the Bait

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36 | Th e M Rep o RT Company desCription LoanLogics is a rapidly growing company and recognized leader in the mortgage industry. LoanLogics' proven technology and expertise helps improve the transparency and accuracy of the mort- gage process and the quality of loans. The com- pany's software-as-a-service platform (SaaS) helps mortgage lenders and financial institutions validate compliance, improve profitability, and manage risk during the manufacture, sale, and servicing of loan assets. In support of the company's capabilities, it has invested in compliance and risk expertise that aligns with its customers' needs to address their own highly regulated environments. Company history Founded in 2005, LoanLogics has a rich history of inno- vation built on the technology and management talent of NYLX and Aklero Risk Analytics. NYLX was one of the early pioneers in the development of pricing engine technology and continued its innovation leadership with the launch of a performance analytics and monitoring platform for loan-level risk management. Aklero Risk Analytics established a new category of "technology enabled" quality control with its intelligent document management and data extraction platform, which re- mains unique in the industry. When the two companies merged in 2013, these core technologies have enabled LoanLogics to create the industry's first Enterprise Loan Quality and Performance Analytics Platform. Business lines, serviCes, and produCts LoanLogics serves the needs of residential mort- gage lenders, servicers, insurers, and investors that want to improve quality, performance, and reliability throughout the loan lifecycle. The company's ap- plications include LoanHD ® loan quality manage- ment and life-of-loan performance analytics and monitoring, and LoanDecisions ™ product eligibility and mortgage loan pricing. LoanLogics also offers expert audit services in support of loan quality control, pre-purchase due diligence reviews, and post-closing forensic audits. Key features LoanHD Loan Quality Management and Life-of-Loan Performance Analytics platform provides enterprise- level capabilities that support loan quality from pricing to payoff and is a first of its kind in the mortgage indus- try. It is the only platform that incorporates document indexing, classification, and data extraction with audit rules automation and performs 100 percent data com- parison on extracted data as part of the mortgage loan review. It transforms digital images and scanned docu- ments into granular data, completes a significant por- tion of audit tests through automation, and is unique in its ability to release individual loan files for review as they are completed. Dynamic, granular-to-global reporting reveals trends and patterns for root cause analysis so lenders can implement action plans to improve the quality of loan production. The platform also supports life-of-loan performance management through best-of-breed analytic mod- els, data refresh services, and custom reporting. Actionable business intelligence and alerts, drill- down capability, and what-if analysis help segment pools for better management of the underlying loans. The LoanDecisions Product Eligibility and Loan Pricing platform enables lenders to control strategic loan pricing to meet all investor guidelines and sup- port compliant pricing discussions with borrowers as defined by recent mortgage regulatory requirements. With a focus on usability attributes and balanced ca- pability for originator and secondary marketing users, it provides an easily adoptable, easily adaptable, and complete capability for strategic loan pricing. The system is surrounded by a unique, hands-on service and support model that incorporates case manage- ment technology and webinar training to ensure lenders can maximize its benefit. added value to Clients LoanLogics believes that through objective over- sight of loan production processes and systems, an enterprise level systems approach to loan quality and compliance can deliver significant value—consis- tent execution, repeatable outcomes, and business intelligence in support of continuous improvement. LoanLogics' workflow-influenced, highly intuitive user interface design, real-time technology, and an eco- system of services accessible through its platforms set the company apart and enable it to provide unique value to clients and increase return on investment. Keys to suCCess and aCColades LoanLogics is dedicated to improving the trans- parency, accuracy, and quality of consumer loan commerce. The members of the LoanLogics management team, individually and as a group, represent deep mortgage industry domain experi- ence, proven innovation, and thought leadership. Amidst regulatory and compliance requirements, LoanLogics has complemented its rich technology skills with credit, compliance, and enterprise risk expertise that guides the ongoing development of the company's solutions. In recognition of the company's innovation and customer-centric approach to technology devel- opment, LoanLogics has been recognized as a Mortgage Technology Magazine Top 50 Service Provider, and the American Bankers Association— through its subsidiary, the Corporation for American Banking—has endorsed its solutions. LoanLogics, Inc. key personnel Howard Conyack Founder & Chairman Brian K. Fitzpatrick President & CEO John Alarcon CFO Allen Pollack CTO Terrell C. Cassada CIO staffing 90 contact information Corporate headquarters Bucks County Technology Park 4800 E. Street Road, Trevose, Pennsylvania 19053 phone: 866.557.6959 Web: Corporate locations 100 Valley Road, Suite 201 Mount Arlington, NJ 07856 10401 Deerwood Park Blvd. Capital Plaza Bldg II, Suite 2375 Jacksonville, FL 32256

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