Read more: LoanLogics CEO Bill Neville ramps up pressure on industry to go fully digital

“Bill’s leadership through one of the most dynamic eras in our company’s history has been remarkable,” Parker added. “From steering the company through tremendous growth that resulted in our acquisition by an affiliate of Sun Capital and by expanding our capabilities in origination automation through our acquisition of LoanBeam, Bill has set the tone for our leadership team and positioned LoanLogics at the vanguard of mortgage fintech innovation.”

Parker, a mortgage tech leader with three decades of experience, plans to boost the company’s efforts on automation and new technologies that will allow its lender and servicer clients to address rising levels of costs despite the current downturn in mortgage originations.

The executive joined the company in 2019 as senior vice president of product management and most recently served as vice president of products. Prior to LoanLogics, he held various leadership positions at  Fiserv, CoreLogic, and Wells Fargo Home Mortgage.

Additionally, LoanLogics has announced the appointment of Paul Vancheri to president and COO. Vancheri previously served as executive vice president of technology and operations.