EY today announced that Brian K. Fitzpatrick, president and CEO of LoanLogics, is a finalist for the Entrepreneur Of The Year® 2017 Award in the Greater Philadelphia Region. The awards program, which is celebrating its 31st year, recognizes entrepreneurs who are excelling in areas such as innovation, financial performance and personal commitment to their businesses and communities. Fitzpatrick was selected as a finalist by a panel of independent judges. Award winners will be announced at a special gala event on Wednesday, June 7, 2017 at the Kimmel Center for Performing Arts, Perelman Theater Plaza in Philadelphia.
Throughout his career, Fitzpatrick has worked tirelessly to raise awareness of the key role technology plays in the production of high quality mortgage loans that support the American dream of homeownership. Much of his innovation came from questioning why things are done a certain way and not only envisioning but executing a better way. By evangelizing innovation, he has helped improve mortgage quality control and built industry confidence to adopt technology automation as a means to reduce the cost of regulatory compliance, greatly improve the lending process and reduce risks to lenders and consumers alike.
Through Fitzpatrick's leadership, LoanLogics in 2014 brought to market the first cloud-based automated document and data deficiency detection system, reducing loan defects and raising the quality of lending. Today LoanLogics is a rapidly growing company that is highly recognized in the mortgage industry for its loan quality and performance management innovations. The company's capabilities include an automated quality system, a due diligence platform for correspondent loan acquisition, a proprietary rules engine, and integrations with other technologies and services that help mortgage lenders and financial institutions validate compliance and automate the inspection of loan quality from pricing through payoff.
Now in its 31st year, the EY Entrepreneur Of The Year® program has expanded to recognize business leaders in over 145 cities and more than 60 countries throughout the world.
Regional award winners are eligible for consideration for the Entrepreneur Of The Year National competition. Award winners in several national categories, as well as the Entrepreneur Of The Year National Overall Award winner, will be announced at the Entrepreneur Of The Year National Awards gala in Palm Springs, California, on November 18, 2017. The awards are the culminating event of the Strategic Growth Forum™, the nation's most prestigious gathering of high-growth, market-leading companies.
Founded and produced by EY, the Entrepreneur Of The Year Awards are nationally sponsored in the US by SAP America, Merrill Corporation and the Ewing Marion Kauffman Foundation. In Greater Philadelphia, sponsors also include PNC, Pine Hill Group, Murray Devine, SolomonEdwardsGroup, BallardSpahr, Morgan Lewis, Pepper Hamilton, Philadelphia Business Journal and Simkiss & Block.
LoanLogics was founded 12 years ago to improve the transparency and accuracy of the mortgage process and improve the quality of loans. LoanLogics serves the needs of residential mortgage lenders, servicers, insurers, and investors that want to improve loan quality, performance, and reliability throughout the loan lifecycle. It develops advanced solutions that help clients validate compliance, improve profitability, and manage risk during the manufacture, sale, and servicing of loan assets. Achieving these goals was the motivation in the development of the industry's first Enterprise Loan Quality and Performance Analytics Platform. To learn more, visitwww.loanlogics.com.
About Entrepreneur Of The Year®
Entrepreneur Of The Year®, founded by EY, is the world's most prestigious business awards program for entrepreneurs, chosen from an independent panel of judges including entrepreneurs and prominent leaders from business, finance, and the local community. The program makes a difference through the way it encourages entrepreneurial activity among those with potential and recognizes the contribution of people who inspire others with their vision, leadership and achievement. As the first and only truly global awards program of its kind, Entrepreneur Of The Year celebrates those who are building and leading successful, growing and dynamic businesses, recognizing them through regional, national and global awards programs in over 145 cities and more than 60 countries. ey.com/eoy.