The mortgage industry's complex web of compliance and risk just got a fresh infusion of capital. LoanLogics, Inc., a provider of specialized mortgage audit software and document processing automation, announced it has raised $10.0M in Series b funding.
Founded in 2005, the company's data-driven digital technology is designed to improve the transparency and accuracy of the mortgage process. Its capabilities, which leverage cloud computing and machine learning, help residential mortgage lenders, servicers, insurers, and investors validate compliance, improve profitability, and manage risk during the manufacture, sale, and servicing of loan assets.
