FICS Recognized on Mortgage Technology’s Top 50 Mortgage Service Provider List for New Business Rules Module
DALLAS, July 29, 2011 – Financial Industry Computer Systems, Inc. (FICS), which provides loan origination software, residential loan servicing software and commercial loan servicing software, was recognized once again by Mortgage Technology magazine as one of the industry’s Top 50 Mortgage Service Providers.
Mortgage Technology recognizes those companies that excel in four categories:
- Continued advancement of technology and services
- Viable revenue model and value proposition to customers
- Exceptional customer service and
- A unique impact on the mortgage industry
FICS was honored for its launch of Rules OnDemand, a business rules module for their loan origination system, Loan Producer, that provides users with the tools necessary to create customized rules that can be used to automate loan product selection, loan eligibility, loan validation, custom underwriting conditions, private mortgage insurance (PMI) pricing, interest rate pricing and workflow.
Much of FICS’ product development and enhancements are driven by direct feedback from its customer base. Nearly half of FICS’ customers have been users for more than 10 years, a record that speaks for itself in terms of customer satisfaction with the quality of FICS products and support service.
FICS offers three primary loan origination and servicing software platforms for small and mid-size lenders, Loan Producer, Mortgage Servicer and Commercial Servicer. Loan Producer is a complete residential loan origination software that automates the loan process from application through closing and secondary marketing. Mortgage Servicer automates all residential servicing functions including escrow administration, collections, investor accounting, payment processing, loss mitigation and year-end reporting. Commercial Servicer enables lenders to service commercial loans, including investor reporting, and accommodate the servicing of lines of credit and loans for equipment or inventory.
“Mortgage Technology acknowledges those companies who combine innovative products with outstanding customer service,” said Susan Graham, president and COO of FICS. “We are honored to be included once again on this list as a testament of our dedication to our customers and the value of our ever evolving mortgage software.”
Founded in 1983 and headquartered in Dallas, Texas, Financial Industry Computer Systems, Inc. (FICS), specializes in providing flexible, comprehensive residential and commercial technology solutions to the mortgage industry. FICS' systems are designed for Microsoft® Windows® with the most recent solutions using .NET framework that include a rich Windows® Presentation Foundation user interface and multi-tiered shareable services. The company also provides innovative document management and web-based capabilities into its full suite of products. Additional information about FICS is available via the company's website at www.FICS.com.