LoanLogics named Chief Operating Officer Bill Neville as its new CEO. Neville will replace former CEO Brian Fitzpatrick, the company announced in a release.
“All of us at LoanLogics would like to thank Brian for his contributions to the company and our mission to improve transparency, accuracy and quality within the mortgage process,” Howard Conyack Jr., founder and chairman of LoanLogics, said in the release. “Under Bill’s leadership, we will continue to focus on operational excellence and drive technology development to remain at the forefront of industry innovation for years to come.”
Neville, who joined LoanLogics’ board of directors in 2017 and joined their executive team in 2018, has more than 25 years of experience in the financial services industry. Before joining LoanLogics, he served as North American president for Finastra, one of the world's largest fintech providers, the company stated.
“It’s a great time to be leading and guiding the future of LoanLogics, which is brighter than ever,” Neville said. “Since I joined the company, LoanLogics has achieved several significant milestones and made major investments in artificial intelligence and machine learning to improve process automation at all levels of the mortgage process.
“While lenders continue to struggle with high loan production costs and shrinking profitability, the investments we’ve made will enable our clients to reduce costs while improving the quality and salability of loans,” Neville added.
Neville will continue to oversee the company’s operations and software development, while also leading its growth strategies as a prominent technology provider.
LoanLogics is a recognized leader in loan quality technology for mortgage manufacturing and loan acquisition.