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FICS Carves Out Credit Union Niche.(Brief Article)
Financial Industry Computer Systems, a company that provides mortgage origination and servicing technology, has announced that US Mortgage has selected FICS' residential mortgage loan servicing system, Mortgage Servicer, for use in its CU National Mortgage subsidiary.
CU National Mortgage provides loan administration services for credit unions across the country.
CU National Mortgage purchased the FICS system late in 2001 and anticipates going live with the technology in the second quarter of this year.
The credit union lender said the decision to purchase Mortgage Servicer hinged on FICS' increased flexibility and functionality offered through a Windows-based system.
In particular, Mortgage ...
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