21 FICS® Customers Featured in Mortgage Bankers Association’s 2023 Year-End Rankings of Top Commercial/Multifamily Servicers
07 Mayo 2024 - 4:33PM
Business Wire
FICS® (Financial Industry Computer Systems, Inc.), a leading
mortgage loan origination software, residential servicing software,
and commercial servicing software provider, is proud to announce
that 21 of its customers have been honored in the Mortgage Bankers
Association’s (MBA) Year-End 2023 Commercial/Multifamily Real
Estate Mortgage Servicer Rankings.
The MBA releases its rankings annually, showcasing data on the
volume of loans serviced, which includes categories such as
primary, master, and special servicing. The rankings categorize
servicing firms based on total servicing volume and servicing for
specific investor groups, including CMBS, life insurance companies,
Fannie Mae® and Freddie Mac®, FHA, and others. This year’s list
recognized 88 companies across 16 categories.
FICS’ Commercial Servicer® is crucial in helping its customers
manage their commercial loan portfolios, as evidenced by their
inclusion in the MBA rankings. Commercial Servicer® is a
user-friendly software solution that automates and streamlines data
flow for commercial loan servicing, particularly for complex
structured loans like commercial real estate, multi-family,
construction, and equipment loans. The Commercial Servicer® API
enables users to schedule and automate nearly every program,
report, and interface in the system, reducing after-hours work and
minimizing mistakes caused by human error.
Capital Funding, LLC, an FICS® customer headquartered in
Baltimore, MD, was included in MBA’s list of top commercial
servicers for Year-End 2023. Working with FICS® since 2000, Capital
Funding uses Commercial Servicer® and Commercial Accountant® to
service bridge and HUD loans, including adjustable and fixed-rate
loans.
“Our asset managers find the software very user-friendly, saving
time and creating ease when maneuvering around the systems,” said
Jen Loucks, Director HUD Asset Management/Controller at Capital
Funding. “The customization features allow us to create unique
fields to help us monitor specific data related to our needs. It is
a pleasure working with the customer service team at FICS® as well.
They are responsive and friendly and have been a great partner over
the years.”
"We are thrilled to see 21 of our clients recognized in the
Mortgage Bankers Association’s Year-End 2023 Commercial/Multifamily
Real Estate Mortgage Servicer Rankings across 14 of the 16
categories. This recognition underscores the value of our
Commercial Servicer® software in helping our customers effectively
manage the constantly changing reporting and regulatory demands of
their commercial loan portfolios,” said Susan Graham, president and
COO of FICS®. “Our software's user-friendly design and advanced
automation features play a key role in streamlining data flow and
reducing errors, ultimately contributing to our customers'
success."
About FICS® 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, housing agencies, banks,
and credit unions. FICS’ software solutions provide customers the
flexibility to choose an in-house or cloud hosting solution. The
company also provides innovative document management, API, and
web-based capabilities in its full suite of products. Visit
www.fics.com for more information about our exceptional mortgage
software solutions.
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MEDIA CONTACT: David Jones 678.781.7207
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