Latest news with #FICS
Yahoo
6 days ago
- Business
- Yahoo
21 FICS® Customers Featured in Mortgage Bankers Association's 2024 Year-End Rankings of Top Commercial/Multifamily Servicers
DALLAS, May 29, 2025--(BUSINESS WIRE)--FICS® (Financial Industry Computer Systems, Inc.), a leading provider of mortgage loan origination software, residential servicing software, and commercial servicing software solutions, proudly announces that 21 of its customers have earned recognition in the Mortgage Bankers Association's (MBA) Year-End 2024 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 83 companies across 16 categories. FICS' Commercial Servicer® plays a pivotal role in helping customers manage their commercial loan portfolios with precision and efficiency, as demonstrated by their strong representation in the MBA rankings. Commercial Servicer is a comprehensive software solution that automates and streamlines data flow for commercial loan servicing, specifically designed for complex structured loans including commercial real estate, multi-family, construction, and equipment loans. The platform's robust API capabilities enable users to schedule and automate virtually every program, report, and interface in the system, significantly reducing manual workload and eliminating costly human errors. Goedecke & Co., LLC, an FICS customer headquartered in Boston, was included in MBA's list of top commercial servicers for Year-End 2024. Working with FICS since 2003, Goedecke & Co., LLC uses Commercial Servicer and Commercial Accountant® to service primarily insurance company loans. "FICS has been a trusted partner for more than two decades, and their Commercial Servicer software plays a critical role in our daily operations," said Christine Morrell, Principal at Goedecke & Co., LLC. "The ability to efficiently track and post debt service payments, especially through batch postings, and the My Work List function help our team stay organized and productive. Most importantly, the responsive and knowledgeable customer support from FICS gives us confidence that we can continue delivering top-tier service to our clients." "Having 21 of our customers earn recognition in the MBA's Year-End 2024 Commercial/Multifamily Real Estate Mortgage Servicer Rankings demonstrates the competitive advantage our Commercial Servicer platform provides," said Susan Graham, president and COO of FICS. "These results reflect our customers' ability to scale their operations efficiently while maintaining the highest standards of service. Our commitment to continuous innovation and robust customer support empowers servicers to navigate complex regulatory environments and deliver exceptional results for their clients." About FICS® FICS® (Financial Industry Computer Systems, Inc.) 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 for more information about our exceptional mortgage software solutions. View source version on Contacts David Jones678-781-7238david@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Wire
6 days ago
- Business
- Business Wire
21 FICS® Customers Featured in Mortgage Bankers Association's 2024 Year-End Rankings of Top Commercial/Multifamily Servicers
DALLAS--(BUSINESS WIRE)--FICS® (Financial Industry Computer Systems, Inc.), a leading provider of mortgage loan origination software, residential servicing software, and commercial servicing software solutions, proudly announces that 21 of its customers have earned recognition in the Mortgage Bankers Association's (MBA) Year-End 2024 Commercial/Multifamily Real Estate Mortgage Servicer Rankings. "Having 21 of our customers earn recognition in the MBA's Year-End 2024 Commercial/Multifamily Real Estate Mortgage Servicer Rankings demonstrates the competitive advantage our platform provides," said Susan Graham, president and COO of FICS. 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 83 companies across 16 categories. FICS' Commercial Servicer® plays a pivotal role in helping customers manage their commercial loan portfolios with precision and efficiency, as demonstrated by their strong representation in the MBA rankings. Commercial Servicer is a comprehensive software solution that automates and streamlines data flow for commercial loan servicing, specifically designed for complex structured loans including commercial real estate, multi-family, construction, and equipment loans. The platform's robust API capabilities enable users to schedule and automate virtually every program, report, and interface in the system, significantly reducing manual workload and eliminating costly human errors. Goedecke & Co., LLC, an FICS customer headquartered in Boston, was included in MBA's list of top commercial servicers for Year-End 2024. Working with FICS since 2003, Goedecke & Co., LLC uses Commercial Servicer and Commercial Accountant® to service primarily insurance company loans. 'FICS has been a trusted partner for more than two decades, and their Commercial Servicer software plays a critical role in our daily operations,' said Christine Morrell, Principal at Goedecke & Co., LLC. 'The ability to efficiently track and post debt service payments, especially through batch postings, and the My Work List function help our team stay organized and productive. Most importantly, the responsive and knowledgeable customer support from FICS gives us confidence that we can continue delivering top-tier service to our clients.' "Having 21 of our customers earn recognition in the MBA's Year-End 2024 Commercial/Multifamily Real Estate Mortgage Servicer Rankings demonstrates the competitive advantage our Commercial Servicer platform provides," said Susan Graham, president and COO of FICS. "These results reflect our customers' ability to scale their operations efficiently while maintaining the highest standards of service. Our commitment to continuous innovation and robust customer support empowers servicers to navigate complex regulatory environments and deliver exceptional results for their clients." About FICS ® FICS® (Financial Industry Computer Systems, Inc.) 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 for more information about our exceptional mortgage software solutions.
Yahoo
26-05-2025
- Business
- Yahoo
Is First Trust International Developed Capital Strength ETF (FICS) a Strong ETF Right Now?
Launched on 12/15/2020, the First Trust International Developed Capital Strength ETF (FICS) is a smart beta exchange traded fund offering broad exposure to the Foreign Large Growth ETF category of the market. The ETF industry has long been dominated by products based on market cap weighted indexes, a strategy created to reflect the market or a particular market segment. A good option for investors who believe in market efficiency, market cap weighted indexes offer a low-cost, convenient, and transparent way of replicating market returns. There are some investors, though, who think it's possible to beat the market with great stock selection; this group likely invests in another class of funds known as smart beta, which track non-cap weighted strategies. By attempting to pick stocks that have a better chance of risk-return performance, non-cap weighted indexes are based on certain fundamental characteristics, or a combination of such. This area offers many different investment choices, such as simplest equal-weighting, fundamental weighting and volatility/momentum based weighting methodologies; however, not all of these strategies can deliver superior results. The fund is managed by First Trust Advisors, and has been able to amass over $204.51 million, which makes it one of the average sized ETFs in the Foreign Large Growth ETF. Before fees and expenses, FICS seeks to match the performance of the INTERNATIONAL DEVLPD CAPITAL STRENGTH ID. The International Developed Capital Strength Index provides exposure to well-capitalized companies in the developed markets outside of the U.S. with strong market positions that have the potential to provide their stockholders with a greater degree of stability and performance over time. Investors should also pay attention to an ETF's expense ratio. Lower cost products will produce better results than those with a higher cost, assuming all other metrics remain the same. Annual operating expenses for FICS are 0.70%, which makes it on par with most peer products in the space. It's 12-month trailing dividend yield comes in at 1.95%. ETFs offer diversified exposure and thus minimize single stock risk, but it is still important to delve into a fund's holdings before investing. Most ETFs are very transparent products and many disclose their holdings on a daily basis. Looking at individual holdings, L'oreal S.a. ( accounts for about 2.20% of total assets, followed by Gsk Plc ( and The Sage Group Plc ( Its top 10 holdings account for approximately 20.81% of FICS's total assets under management. So far this year, FICS return is roughly 17.59%, and is up about 16.14% in the last one year (as of 05/26/2025). During this past 52-week period, the fund has traded between $33.47 and $39.78. The fund has a beta of 0.79 and standard deviation of 15.77% for the trailing three-year period. With about 58 holdings, it effectively diversifies company-specific risk. First Trust International Developed Capital Strength ETF is not a suitable option for investors seeking to outperform the Foreign Large Growth ETF segment of the market. Instead, there are other ETFs in the space which investors should consider. Capital Group International Equity ETF (CGIE) tracks ---------------------------------------- and the Capital Group International Focus Equity ETF (CGXU) tracks ----------------------------------------. Capital Group International Equity ETF has $635.09 million in assets, Capital Group International Focus Equity ETF has $3.64 billion. CGIE has an expense ratio of 0.54% and CGXU charges 0.54%. Investors looking for cheaper and lower-risk options should consider traditional market cap weighted ETFs that aim to match the returns of the Foreign Large Growth ETF. To learn more about this product and other ETFs, screen for products that match your investment objectives and read articles on latest developments in the ETF investing universe, please visit Zacks ETF Center. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report First Trust International Developed Capital Strength ETF (FICS): ETF Research Reports Capital Group International Focus Equity ETF (CGXU): ETF Research Reports This article originally published on Zacks Investment Research ( Zacks Investment Research Sign in to access your portfolio
Yahoo
19-05-2025
- Business
- Yahoo
FICS' 38th Annual Users' Conference Showcases Innovation and Resilience in Mortgage Industry
DALLAS, May 19, 2025--(BUSINESS WIRE)--Financial Industry Computer Systems, Inc. (FICS®), a leading provider of mortgage loan origination software, residential servicing software, and commercial servicing software, recently hosted its 38th Annual Users' Conference in Dallas. Over 270 participants attended the April 9-11 conference. During the conference, FICS' customers attended educational sessions focused on the newest ways to optimize FICS software, regulatory updates, and evolving best practices in the mortgage origination and servicing industry. The sessions provided valuable insights into leveraging technology to navigate today's complex mortgage landscape. Attendees heard from QIE Partners' executive vice president on best practices for GSE investor reporting and reconciliations and Wescom Resources' president on the advantages of cloud hosting. In her keynote speech, Susan Graham, president and COO of FICS, emphasized the importance of resilience in the mortgage industry. "In today's mortgage industry, one quality has proven indispensable: resilience. Each of you has demonstrated remarkable adaptability in the face of evolving market conditions, changing regulations, and rising customer expectations. Your ability to not just survive but thrive in this environment is truly commendable," Graham said. "This past year has reinforced an important truth: resilience isn't just about weathering storms—it's about building stronger foundations during challenging times. At FICS, we believe technology is a powerful tool for building that resilience. Our focus has been on developing solutions that enhance your operational efficiency, automate routine tasks, and provide deeper insights into your data." Attendees participated in live demonstrations of new product features and enhancements. Special sessions featured comprehensive overviews of the system functionality in Loan Producer®, Commercial Servicer® and Mortgage Servicer®. FICS® employees and customers shared best practices via roundtables, open forums, and informal conversations. "The User's Conference was such an exciting experience! We brought our servicing in-house two years ago and have worked closely with FICS on our overall setup and use of the system," said Sandra Reddick, Investor Reporting Manager for Essex Mortgage. "To be able to take that dynamic in person, to further build on those relationships, and be able to preview new technology, demo enhancements to the system, and have the ability to ask questions in real-time was invaluable. From the team sessions to the dinners and dueling pianos, we had such an amazing time and made several key connections!" The 2026 Users' Conference will be held April 8th – 10th in Dallas. About FICS® FICS® (Financial Industry Computer Systems, Inc.) 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 for more information about our exceptional mortgage software solutions. View source version on Contacts MEDIA CONTACT: David Jones678.781.7238david@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Wire
19-05-2025
- Business
- Business Wire
FICS' 38th Annual Users' Conference Showcases Innovation and Resilience in Mortgage Industry
DALLAS--(BUSINESS WIRE)--Financial Industry Computer Systems, Inc. (FICS ®), a leading provider of mortgage loan origination software, residential servicing software, and commercial servicing software, recently hosted its 38th Annual Users' Conference in Dallas. Over 270 participants attended the April 9-11 conference. 'The User's Conference was such an exciting experience!' said Sandra Reddick, Investor Reporting Manager for Essex Mortgage. 'To be able to take that dynamic in have the ability to ask questions in real-time was invaluable." During the conference, FICS' customers attended educational sessions focused on the newest ways to optimize FICS software, regulatory updates, and evolving best practices in the mortgage origination and servicing industry. The sessions provided valuable insights into leveraging technology to navigate today's complex mortgage landscape. Attendees heard from QIE Partners' executive vice president on best practices for GSE investor reporting and reconciliations and Wescom Resources' president on the advantages of cloud hosting. In her keynote speech, Susan Graham, president and COO of FICS, emphasized the importance of resilience in the mortgage industry. "In today's mortgage industry, one quality has proven indispensable: resilience. Each of you has demonstrated remarkable adaptability in the face of evolving market conditions, changing regulations, and rising customer expectations. Your ability to not just survive but thrive in this environment is truly commendable," Graham said. "This past year has reinforced an important truth: resilience isn't just about weathering storms—it's about building stronger foundations during challenging times. At FICS, we believe technology is a powerful tool for building that resilience. Our focus has been on developing solutions that enhance your operational efficiency, automate routine tasks, and provide deeper insights into your data." Attendees participated in live demonstrations of new product features and enhancements. Special sessions featured comprehensive overviews of the system functionality in Loan Producer®, Commercial Servicer® and Mortgage Servicer®. FICS® employees and customers shared best practices via roundtables, open forums, and informal conversations. 'The User's Conference was such an exciting experience! We brought our servicing in-house two years ago and have worked closely with FICS on our overall setup and use of the system,' said Sandra Reddick, Investor Reporting Manager for Essex Mortgage. 'To be able to take that dynamic in person, to further build on those relationships, and be able to preview new technology, demo enhancements to the system, and have the ability to ask questions in real-time was invaluable. From the team sessions to the dinners and dueling pianos, we had such an amazing time and made several key connections!' The 2026 Users' Conference will be held April 8 th – 10 th in Dallas. About FICS® FICS® (Financial Industry Computer Systems, Inc.) 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 for more information about our exceptional mortgage software solutions.
