Costs up, profits down: Closing a mortgage gets more expensive

Costs up, profits down: Closing a mortgage gets more expensive

In just one quarter the profit dropped $153 per loan

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NAMB says mortgage brokers have been at forefront of reform
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Company Profile

Contact Information

Phone: 972-458-8583

Location

FICS
14285 Midway Road
Suite 200
Addison TX 75001
United States

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. In our over 30 year history, we have provided over 1400 financial organizations nationwide with significant competitive advantages through the use of our mortgage software systems.

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. FICS also provides innovative document management and web-based capabilities into its full suite of products.

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