DALLAS--(BUSINESS WIRE)--For the sixth consecutive year, HousingWire has recognized Financial Industry Computer Systems, Inc. (FICS®), a provider of loan origination software, residential servicing software and commercial servicing software for the mortgage industry, as a fintech innovator and one of the leading technology companies serving the mortgage industry. The 2019 HW Tech100 list honors the housing industry’s 100 most innovative technology companies, capturing the full spectrum of today’s U.S. housing economy from real estate to mortgage lending, servicing and investments.
“This year's Tech100 list is stronger than ever! We leveraged a highly-qualified selection committee to review all nominations and guide the selection process. This extra layer of expertise and practical exposure to selected companies was influential in helping HousingWire recognize the 100 fintech companies that deserve the honor of being named the greatest players in the game,” said HousingWire Editor-in-Chief Jacob Gaffney. “We couldn't be more proud of the innovators and entrepreneurs behind these organizations and we hope you'll join us in celebrating their inclusion on the most prestigious list of its kind — the HW Tech100."
FICS® provides comprehensive, modern, and flexible in-house mortgage loan origination, servicing, and commercial mortgage loan servicing software solutions. FICS® has delivered exceptional automation, performance, system support, and value for more than three decades. During this time, FICS® has rewritten their systems twice and is now on the third generation.
FICS’ Loan Producer® software automates origination, processing, tracking, underwriting, closing and funding, and secondary marketing. Mortgage Servicer® automates residential servicing functions including escrow administration, collections, investor reporting, payment processing, loss mitigation, year-end reporting and cash management. Commercial Servicer® enables lenders to service commercial loans, including lines of credit and loans for equipment or inventory. In addition to similar automated functionality of FICS’ Mortgage Servicer®, the Commercial Servicer® software also includes asset management and commercial-specific functionality. Used in conjunction with any third party scheduling tool, Mortgage Servicer® API and Commercial Servicer® API let servicers schedule and automate virtually every program, report and interface in the system such as end-of-day and end-of-month reports, investor reporting, and monthly loan statements.
“HousingWire’s inclusion of FICS® for the sixth consecutive year recognizes FICS’ commitment to providing state-of-the-art technology since 1983 and offering an in-house or cloud hosted solution,” said Susan Graham, President and COO of FICS®. “FICS® is committed to delivering an outstanding customer experience and developing innovative tools that increase efficiency and help lenders provide exceptional customer service to their borrowers.”
HousingWire is the most influential source of news and information for the U.S. mortgage and housing markets. Built on a foundation of independent and original journalism, HousingWire reaches over 50,000 newsletter subscribers and over 4 million unique visitors each year. Our audience of mortgage, real estate, financial services and fintech professionals rely on us to Move Markets Forward. Visit www.HousingWire.com or www.solutions.housingwire.com to learn more.
Financial Industry Computer Systems (FICS®) is a leading mortgage software company specializing in flexible, cost-effective, in-house mortgage loan origination, residential mortgage servicing and commercial mortgage servicing software for mortgage lenders, banks and credit unions. FICS’ software solutions operate on Microsoft® Windows® platforms using Microsoft® .NET Framework and provide customers the flexibility to choose an in-house or cloud hosting solution. The company also provides innovative document management and web-based capabilities in its full suite of products. Visit www.fics.com for more information about our exceptional mortgage software solutions.