FICS Software Solutions

FICS (Financial Industry Computer Systems Inc.) has been a key player in the mortgage industry since 1983, offering specialized software solutions that streamline loan origination and servicing processes. The primary products include Loan Producer®, Mortgage Servicer®, and Commercial Servicer®. These applications are designed to improve efficiency and ensure compliance with various industry regulations.
The Loan Producer® system automates the entire residential loan origination process, from application to funding. It features compliance checks, integration with the MERS system, and automated geocoding through QuestSoft's Instant Geocoder. Loan officers benefit from tools such as eligibility calculators and a streamlined communication channel with borrowers.
The Mortgage Servicer® software automates essential residential servicing operations, including payment processing, escrow administration, and investor reporting. It provides flexible payment options, real-time transaction handling, and comprehensive escrow management, which are essential for loan servicers aiming to maintain efficiency and compliance.
Lastly, the Commercial Servicer® software caters to complex loan servicing needs, managing commercial real estate, multi-family, construction, and equipment loans. Its features include extensive loan administration capabilities, borrower data management, collateral tracking, and financial statement generation, making it a robust solution for servicing structured loans.
FICS also prioritizes support and training, ensuring that users can fully leverage their software. The company is recognized for its industry leadership and participation in key events such as the Mortgage Bankers Association's user conferences.