Financial Industry Computer Systems, Inc. (FICS), which provides loan origination software, residential loan servicing software and commercial loan servicing software, was recognized by Mortgage Technology magazine as one of the year’s Top 50 Mortgage Service Providers.

FICS was recognized for meeting the four major criteria set by Mortgage Technology for inclusion in the listing: customer satisfaction, functionality, market share and a viable revenue model. FICS provides lenders with software to automate the life-cycle of mortgages, from loan origination software to servicing systems.  “Today, more than ever, lenders need technology providers who can help them meet quickly changing regulatory and market demands,” said Susan Graham, president of FICS. “Our inclusion in this year’s Mortgage Technology Top 50 Service Providers list, confirms that FICS is an innovative leader in providing software to meet origination and servicing demands in the industry.”

FICS offers mortgage software solutions to three primary markets, residential loan origination and servicing and commercial servicing. Loan Producer is a complete residential loan origination software that automates the loan process through closing. 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, as well as accommodating the servicing of lines of credit and loans for equipment or inventory.

About FICS

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’ solutions are designed around the latest in Windows-based technology, while incorporating innovative document management and Web-based capabilities into its full suite of products.