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LoanLogics integrates digital document processing tools with Finastra’s MortgagebotLOS

Housing Wire

LoanLogics, a mortgage loan quality automation provider, announced the integration of two of its document processing tools with Finastra ‘s MortgagebotLOS solution on Wednesday. It automatically extracts all income data, checks for missing documents and calculates borrower’s qualifying income according to Investor guidelines.

Tools 386
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How mortgage tech vendor options benefit lenders

Housing Wire

AC: It’s incredibly limiting, especially in the mortgage industry where there is a constant cadence of updates and changing guidelines from various regulators, GSEs or investors. Even independent of architecture, consider response rate and the overall pace of innovation. HW: How has this technology gridlock hurt lenders?

Mortgage 305
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A look behind this year’s Tech100 winners

Housing Wire

News just broke that private equity investor LLR Partners announced strategic investments in two mortgage technology companies — Mortgage Coach and Sales Boomerang ( click here for article ). With efficiency metrics and client outcomes like these it’s no surprise that the company continued to attract capital and investor interest.