Financial Industry Computer Systems (FICS) specializes in providing comprehensive and cost-effective in-house mortgage loan origination software (LOS), residential servicing and commercial servicing software for lenders, banks and credit unions. FICS’ flexible software provides API and web-based capabilities, in-house or cloud hosting solution flexibility and integration between its LOS and servicing software.
Effectively managing compliance, streamlining agency reporting (e.g., investors, credit reporting agencies, regulators), reducing costs and maintaining profitability are some of the most significant challenges facing mortgage lenders. FICS provides banks, credit unions and mortgage lenders with the necessary mortgage servicing software to meet these challenges while improving the borrower experience with online tools and portals. Currently on its third generation of software, FICS consistently updates its systems to help servicers efficiently manage the mortgage industry’s changing regulatory, workflow and investor reporting demands.
FICS celebrated its 40th year as a leader in the mortgage software industry in 2023 and remains dedicated to implementing new technology capabilities to meet its customers’ specific, changing needs. And 39% of mortgage servicer customers have used FICS’ software for 20 years or longer.
