Dave Parker is taking over as LoanLogics’ CEO in the wake of Bill Neville’s departure, the company announced.
This is one of several C-suite leadership changes for the loan quality tech company, which serves mortgage manufacturing and loan acquisition.
Parker is being promoted from his most recent role, EVP of product. As CEO, he will push the company’s efforts on automation and new technology.
His past experience includes senior leadership positions at Fiserv, CoreLogic, and Wells Fargo Home Mortgage.
Neville has served as CEO since 2019. During his tenure, the company was acquired by an affiliate of Sun Capital Partners and later acquired LoanBeam.
“While serving as CEO of LoanLogics has been the opportunity of a lifetime, I know I’m leaving the company in very capable hands, ” Neville said.
“I look forward to watching Dave and his leadership team help lenders and servicers ride out the current market storm through new technology innovation and automation.”
Additionally, Paul Vancheri is being promoted to president and COO. He joined the company in 2019 and recently served as EVP of technology and operations.
“Our leadership team represents the perfect blend of expertise in mortgage operations and groundbreaking technology innovation,” Parker said.
“We know data is useless if lenders and servicers can’t get it right. With our technical capabilities and intellectual property that place data, doc processing and rules automation at our core, we’ll be able to continue lowering costs for our clients across origination and secondary market processes. Our goal is to help lenders and servicers thrive by staying true to our corporate mantra, ‘change your logic – automate first,’ which is more relevant now than ever before.”