LoanLogics has hired Matt Thoman as product manager for origination technologies. In that role, he is responsible for LoanDecisions—a system that delivers accurate, real-time investor pricing and eligibility data. “Matt proves every day that he is a creative, out of the box thinker who will fit right in with our client focus, corporate culture, and commitment to innovation,” said Brian K. Fitzpatrick, president and CEO of LoanLogics. “He brings a knowledge of the mortgage market and a commitment to solving mortgage industry challenges that’s best in class.”
Thoman worked for several years with lenders and understands the loan lifecycle and the challenges lenders face. Thoman has a proven track record in mortgage technology that includes project management for software implementations on multiple platforms, including pricing engine technologies. Also, he has managed, enhanced and migrated loan-origination platforms as well as developed automated software solutions to address issues throughout the loan lifecyle.
“The focus at LoanLogics has always been to innovate—to ensure our clients have the technology to stay ahead of their competition, keep their business profitable and minimize risk, such as staying compliant with new regulations,” said Thoman. “That’s an environment I thrive in, and I look forward to helping the firm continue to deliver industry leading technology. It’s a chance to develop solutions that can make a significant difference in the mortgage industry, and that was an opportunity that was just too good to ignore.”
In his new role working on LoanDecisions, he will have the opportunity to develop the technology to address industry challenges and the needs of the marketplace. His goal will be to engineer applications that enable clients to stay ahead of competitors, ensure compliance with regulations, and execute profitable pricing strategies despite a challenging mortgage environment.
Before joining LoanLogics, Thoman was one of the first employees hired in 2008 to grow E Mortgage Management LLC, following the collapse of the real estate market. He led the project management team for new product development, and wrote the underwriting and product guidelines for the company. Thoman was instrumental in the development of both their retail and wholesale divisions—including policies, procedures and sales tools. Also, he oversaw the product help desk for all originations.