LoanLogics, a Fort Washington, PA-based a provider of loan quality management and performance analytics platform for the mortgage industry, raised $11.2m in funding.
Backers included Volition Capital (which invested $10m) and existing investors.
The company intends to use the funds to enhance its enterprise platform and expand it nationally.
Led by Brian K. Fitzpatrick, President and CEO, LoanLogics provides a Enterprise Loan Quality Management System that serves the needs of residential mortgage lenders, servicers, insurers, and investors that want to improve loan quality, performance and reliability throughout the loan lifecycle.
FinSMEs
06/12/2013