Loan Science, LLC
Michael Foulk has a diverse work experience spanning multiple roles and companies. Starting in 1999, they worked as a Web Developer for LEK Technologies, Inc, where they built ecommerce websites using PHP, Coldfusion, and Java Servlets. In 2000, they joined 1 Source Technologies as a Java Developer, contributing to the development of their proprietary Content Management System and assisting in building test automation. From 2002 to 2003, they worked for Data Junction Corporation as a Java Web Developer, developing a customer support ticket system and maintaining the public website. In 2004, Foulk joined Pervasive Software, where they held various positions including C# Developer, Lead C# Developer, and Software Development Manager. In these roles, they created a customer login system, a marketplace platform for partners and OEMs, and managed a team of 11 developers. In 2013, they joined Actian Corporation as a Product Architect and later that year moved to Loan Science, LLC as the Director of Application Development.
Michael Foulk obtained a Bachelor of Science (B.S.) in Computer Science from the University of Phoenix, where they studied from 2005 to 2007. Prior to that, they pursued the same degree at West Texas A&M University from 1998 to 2001.
Loan Science, LLC
*The science of lending is our passion.* We develop solutions and advanced analytics that help our clients better manage loan portfolios to optimize revenue and profitability. Our unique approach dramatically improves the design, delivery and performance of loan portfolio management programs. Our core capabilities are: advanced data management with data security that sets the standard for industry-best practices; predictive analytics that accurately assess the default risk of each borrower in a loan portfolio and learn over time by incorporating borrower behavior; and collections and default prevention programs that optimize portfolio performance. We specialize in technology solutions and services for: colleges and universities to reduce their cohort default rates (CDR), maintain their Title IV funding eligibility, and improve revenue and enrollment rates; lenders to improve their financial performance on student loan and consumer loan portfolios; and investors with private student loan and other consumer loan portfolio investments to make better-informed decisions on which loan portfolios to purchase, at what price, and how to best manage them to optimize their return.