Transformational Mortgage Solutions (TMS), a provider of management consulting services for the mortgage industry, is acquiring LoanLogics‘ non-core MSR consulting products and re-branding LoanLogics’ MarketLogics newsletter, which informs readers on technical, interest rate, volatility and yield spread outlooks.
Les Parker, who oversaw MarketLogics and led LoanLogics’ industry relations and consulting efforts, will join TMS as its managing director. He will continue working closely with LoanLogics.
“By transferring the company’s non-core, MSR consulting business to TMS, LoanLogics will align all its resources to focus on its core products and services that bring significant ROI to its customers,” LoanLogics CEO Brian Fitzpatrick said. He added that Parker will continue to advise LoanLogics on economic outlook, strategic partnerships, collaborate with LoanLogics at industry events and provide content to a new weekly LoanLogics newsletter currently in development.
“We appreciate the opportunities afforded us to work with LoanLogics, a technology company that brings transformative solutions to mortgage banking,” said TMS founder David Lykken. “Adding LoanLogics’ consulting services and Les Parker, a Certified Mortgage Banker, fits with our vision and our new Advisory Board services.”
Photo: Les Parker