LoanLogics has named Drew Milburn as the company as senior vice president owner focused on the advancement of the company’s correspondent lending technology platform, LoanLogics announced in a release.
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, the company said.
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.
This role 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.
“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 in the release.
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.
“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.”