Financial Industry Computer Systems Inc. (FICS), a provider of loan origination software, residential loan servicing software and commercial loan servicing software, announced that 11 of its servicing lender clients have been recognized in the Tier One category for the U.S. Department of Housing & Urban Development’s (HUD) Tier Ranking Round 38. Serving as the highest-ranking category available from HUD, the Tier One ranking recognizes those lenders with the best servicing performance in the application of HUD's loss mitigation program.Read more

Advantage Systems, a provider of accounting and contract management tools for the mortgage and real estate industries, announced that Mesa, Ariz.-based Cascade Financial Services selected Advantage Systems’ Accounting for Mortgage Bankers (AMB) automated accounting system to address the lender’s mortgage accounting needs.Read more