Foundation Home Credit enjoys used Dallas-situated Economic Globe Computer systems, Inc.’s the reason (FICS) residential financing upkeep application, Mortgage Servicer , for pretty much two decades.

When considering technical in order to services their finance, Cornerstone Household Financing requisite an open and flexible application system one to offered intricate and simple to make use of account.

Cornerstone Home Credit features made use of Dallas-created Monetary Industry Computer systems, Inc.is the reason (FICS ) domestic loan servicing software, Mortgage Servicer , for pretty much two decades. Financial Servicer automates repair attributes in addition to escrow management, stuff, buyer accounting, commission processing, loss mitigation and you can year-prevent revealing. The software program offers the ability to speed up and relieve this new time spent on month-to-month regulating records.

Financial Servicer is incredibly simple to use. The application, when combined with Sap Amazingly Records , provides united states having a comprehensive reporting service, told you Lisa Haynes, vice-president regarding Loan Repair. The brand new solid customer care and user-friendly screen helps workflow efficiencies and you can help this new group easily find out the program.

At exactly the same time, Haynes cited compliance with servicing rules once the another type of strength off the mortgage Servicer app. Conformity facts are not a problem with FICS, she said. FICS frequently condition the program so you can echo the fresh new ever before-modifying globe improvements and government rules.

Foundation Home Lending claims one of the first positive points to having fun with Home loan Servicer is the power to make full reports and you can observes, that can be used so you’re able to are accountable to dealers, authorities and team professionals. One of the primary time saving devices for the organization is the ability to make the included investor accounts as well as internal individualized accounts as a result of Amazingly Reports’ combination that have Home loan Servicer, said Haynes. This setting permits we generate any declaration we may you want and easily export all of them towards the many different file platforms. Brand new profile are employed for all of our government people that assist with overseeing subservicers, saving precious time.

Financial payday consolidation loan Servicer also provides Foundation Family Credit that have full and versatile investor accounting devices. Just like the Financial Servicer supports most of the industry-practical reporting steps – reconciliation, remittance, delinquency, prepaid and trial harmony accounts, and others – the firm may be able to pricing-efficiently manage its profile with no expense of a lot more teams.

Haynes along with said the flexibleness regarding Home loan Servicer possess assisted them build custom workflows for their particular company means. Foundation Household Credit put up a database complete with advice off their front-end program and you can Home loan Servicer. Since Mortgage Servicer makes use of an unbarred databases connections, analysis can easily be removed to send an entire file, who has all the origination and you will servicing study, to exterior organizations the financial institution really does company which have. Considering Haynes, this service features let Cornerstone Home Lending having a totally automatic system and you may go paperless.

FICS metropolises significant increased exposure of education and you can customer care, and this Haynes advertised since a switch reason why both-decade matchmaking anywhere between FICS and you will Foundation Household Lending might have been therefore successful. She profile that every go out their teams calls FICS help, a comparable support service associate helps them instantaneously. Even more importantly, she extra your FICS team usually requires the desired go out so as that Foundation Household Lending’s issue is resolved and that they are entirely met.

Foundation Domestic Financing (formerly known as Foundation Mortgage lender), founded when you look at the 1988 in the Houston, has the last-biggest production quantity of most of the merchandising non-financial financial enterprises in america

FICS teams are actually extremely knowledgeable, courteous and ready to manage us, said Haynes. The brand new individualized number of services FICS will bring reveals all of us that they it is love our achievement. I am a respected individual, perhaps not a ticket count.

Typically, the company keeps one another offered financing to traders and you can employed fund to have maintenance inside-domestic, so that they requisite a platform which will with ease transfer and you may export data, and deal with repair both for short-title and a lot of time-label financing

Cornerstone Family Lending are situated in the 1988 inside Houston, Colorado. The company prides itself to your their world-broad reputation of stability, high-trust customer care and on-big date closings. Foundation Household Credit has 74 branches from inside the 15 claims, and that is signed up so you can give from inside the forty-eight claims and the Section off Columbia. For more information, go to the businesses site within houseloan.

Oriented in 1983 and you may based in the Dallas, Colorado, Economic Industry Computers, Inc. (FICS), focuses on delivering flexible, complete home-based and commercial technology solutions to the borrowed funds industry. FICS’ expertise are designed to run-on Microsoft Windows systems most abundant in latest choice composed playing with .Websites Framework that are included with an abundant Window Demonstration Foundation interface and multi-tiered shareable qualities. The organization has the benefit of innovative file administration and you may web-based possibilities towards its complete collection of goods. More information throughout the FICS exists via the businesses site at FICS.