|By Business Wire||
|June 6, 2014 12:44 PM EDT||
Financial Industry Computer Systems, Inc. (FICS®), a provider of loan origination software (LOS), residential servicing software and commercial servicing software for the mortgage industry, has been named to Mortgage Technology Magazine’s Top 50 Service Provider list for the fifth consecutive year.
Mortgage Technology recognized FICS for the significant enhancements made to its Mortgage Servicer™ platform, in an effort to capitalize on the numerous advantages of the Microsoft® .NET Framework and Windows® Presentation Foundation user interface. The continued evolution of FICS’ robust suite of mortgage technology solutions directly serves the growing needs of a dynamic industry, and enables users to maintain a competitive edge among similar service providers.
"The customer service and regulatory compliance demands placed on mortgage lenders and servicers are greater than they've ever been before, and the industry relies on its technology vendors to help meet these expectations," said Austin Kilgore, editor of Mortgage Technology Magazine and managing editor of its sister publication, National Mortgage News. "The companies named to the 2014 Top 50 Service Providers list have proven themselves worthy of this complex and ongoing challenge."
According to the publication, Top 50 Service Provider nominees are evaluated on four key criteria that are considered essential to leadership within the mortgage industry: continued advancement of technology/services; viable revenue model and value proposition to users; exceptional customer service; and a unique impact on the industry as a whole.
“As a company, FICS invests in innovation to provide our customers with new and updated solutions to successfully navigate the constantly evolving mortgage industry,” said Susan Graham, president and COO of FICS. “It is our dedication to innovation, as well as our drive to further enhance our customers’ success, that has consistently earned us recognition on the Mortgage Technology Top 50 Service Provider list for five consecutive years, an honor that only a small percentage of additional companies share with FICS.”
FICS provides lenders with a full range of mortgage technology solutions, supporting originations, residential servicing and commercial servicing. Loan Producer® provides automation of all underwriting, origination and back-office closing tasks. Mortgage Servicer automates 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, as well as accommodate the servicing of lines of credit and loans for equipment or inventory.
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 to operate on Microsoft® Windows® platforms with the most recent solutions written 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.
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