has announced the promotion of Craig Riddell to Executive Vice President, Chief Business Officer. Riddell, who formerly served as Senior Vice President and Chief Business Development Officer, will be responsible for establishing and developing ongoing relationships with LoanLogics' largest enterprise clientele, growing the company's LoanHD AppQ Network of data services and integration partners, as well as overseeing the LoanLogics' account management and consulting services teams.
"Craig knows our customers better than anybody at LoanLogics and his contributions to our growth as a company have been invaluable," LoanLogics President and Chief Executive Officer Brian Fitzpatrick. "As we continue our market penetration and bring new and innovative products to the market, Craig will be engaged more deeply in a broader set of responsibilities across our business so we may continue to solve the industry's biggest loan quality and risk management challenges."
Since joining the company 10 years ago, Riddell has been responsible for implementing all LoanLogics solutions including the LoanHD Loan Quality Management platform, which helps mortgage lenders verify and validate the accuracy of data in their loan files.
"LoanLogics stands as a leader in regulatory technology for the mortgage industry, which is a key aspect for the advancement of the evolving digital mortgage environment," Riddell said. "I look forward to my new role helping clients and partners as they move toward more digitization and the enormous opportunity we have as a company to improve loan quality and accuracy, while driving operational costs down."