30-Yr. Fixed Conforming. Updated hourly during market hours.
Single family homes on the market. Updated weekly.Powered by Altos Research
Market yield on U.S. treasury securities at 10-year constant maturity. Updated daily.Data sourced from FRED
Awards

2020 HW Tech100 Mortgage winner: FICS (Financial Industry Computer Systems)

Specializes in flexible, cost-effective in-house mortgage origination software

FICS specializes in flexible, cost-effective in-house mortgage origination software, residential servicing and commercial servicing software for lenders, banks and credit unions. FICS’ software operates on the Microsoft .NET Framework, provides in-house or cloud hosting solution flexibility, and FICS’ LOS is integrated with its servicing system. FICS provides banks, credit unions and mortgage lenders with the necessary mortgage loan origination and servicing software to meet these challenges while simultaneously improving the borrower experience.

  • For the past six years, more than 20% of the top servicers in the biannual Mortgage Bankers Association’s Commercial/Multifamily Real Estate Mortgage Servicer Rankings list have been FICS’ customers.
  • FICS has 20% of all the Freddie Mac multifamily lenders using its Commercial Servicer system.
  • 44% of FICS’ Mortgage Servicer customers are approved Fannie Mae servicers, and 19% are Freddie Mac servicers.

www.fics.com

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The story for the housing market over the past three years has been, “Home sales are down, home prices are up.” Because inventory was so restricted after the pandemic, prices pushed higher even as demand weakened. That story may finally be inverting as unsold inventory of homes is now great enough that home prices are […]