because of some of those things I mentioned. There’s way more to it again. And then in response of my response, just one last thing, guys, the only thing that I was shocked, absolutely shocked that was not in this article at HousingWire was fraud. Why is fraud detection not in this article? Why are we not focused on it? We talked all last week about mortgage fraud. So anyways, that hopefully Les, they gave you a little bit of context to your question.
[Les] Wow, that was absolutely fabulous. I actually think it’s only a four letter word. And George Carlin isn’t here, so he can’t really give us a good rendition, but the four letter word is D A T A. And that when there’s a five letter word in front of it, I think it’s five letters. Yeah. Dirty data is really what I think is the underpinning of why and he, as Adam Quinones and I are good friends and I do business with him. He says the single impediments and all those other things are correct, by the way, they’re great assessments. [Les] Oh, he’s right. By the way, he’s like a secret agent of data. Adam’s a secret agent of data. And for the folks listening, if you don’t know Adam Qionones, it’s not the John Quinones from 2020 and what would you do? This is a different person. Adam is smarter than your average guy and he can read data. It’s one thing to be smart, right? It’s one thing to know technology and it’s another thing to understand how to read the data and use it. And he’s got that skill [Les] And he’s the division president at symphony AI, and they’ve just come out with, they just acquired the 10-10 database. They are now the owners of that. And they have projects that they’re working with major. Lenders across the U. S. And they’re even soliciting for people to do it to see how we can improve the ways that AI interacts with data and that is his specialty. [Allen] That gentleman is extremely smart. Hey, I just wanted to bring 1 thing up, David I’ll make a teaser right now. I’m working on some startups. Two of them are not in the mortgage industry, but one of them is anyways, the one in the mortgage industry is a very unique way for marketing with AI, customer retention et cetera, et cetera. For the folks listening, if anyone’s interested in being part of a pilot of something new, some new tech, something interesting. Feel free to reach out to me be more than happy to fill you in and invite you to the pilot. [David] Yeah. Good job. Excellent. Good report, Alan. by the way, if you want to email Allen, it’s ALLEN at TMS dash advisors.com. Allen. Thanks. Great report.Allen Pollack
, Tech Consultant
Allen Pollack, a Mortgage & Financial Services Technology Advisor, is a subject matter expert in the mortgage origination process along with software product management and software development.
In today’s financial services push to all things Digital, Allen has been helping lenders and financial services solution providers align their digital transformation and technology strategies by removing the human element of risk, and automating processes that drive efficiencies and margins into profits.
Over the course of his career, Allen has co-created and developed technology business models that have birthed highly successful, innovative solutions and companies.
Allen co-founded and served as CTO of New York Loan Exchange (NYLX), a loan product eligibility and pricing engine (PPE) that made an immediate impact on the industry, scaling the company quickly and forming partnerships with multiple mortgage and financial lending companies. In 2012, Allen was a co-founder of a merger between NYLX and Aklero Risk Analytics that created LoanLogics, A Mortgage Loan Quality and Performance Analytics company. Allen served as CTO where he continued to bring new and innovative product solutions to the market that made a significant impact to mortgage lenders that reduced risk, scaled business channels, and grew profits in a very competitive and highly regulated market.
Allen is also is mortgage and finance technology contributor on a weekly live industry podcast, Lykken on Lending, and is launching a new podcast soon to be released, TechStack Radio, dedicated to technology and innovation in Financial Services.