FICS Launches Version 6.00 of Loan Producer

Financial Industry Computer Systems Inc. (FICS), a provider of loan origination software (LOS) for the mortgage industry, released the third generation of its comprehensive LOS platform, Loan Producer Version 6.00. Current technological advancements provide the basis for this completely rewritten infrastructure and revitalized graphical user interface. The most significant benefit to lenders is the streamlined workflow and usability of the rich user interface, which provides simple navigation and a more efficient workflow for managing loan applications. Loan Producer Version 6.00 also utilizes shareable services that allow for interoperability and portability, increased security, and easier installation. “Our testers loved how much simpler the system was to use,” said Diane Shelton, senior vice president of sales and service at Naperville, Ill.-based DuPage Credit Union. “It was very easy to move through the loan process and get a quick view of the loan from the opening screens.” The new Loan Producer is built using .NET Framework utilizing Microsoft Windows Presentation Foundation (WPF) for the user interface. The transition of the LOS to shareable services using the .Net Framework enables more flexible configurations and scalability. FICS will also be able to improve the update process by using ClickOnce deployment technology. “Loan Producer version 6.00 takes the very best from the original and builds on that to provide our customers with innovative, new technology,” said Susan Graham, Financial Industry Computer Systems Inc. (FICS) president and chief operating officer. “The increased usability of Loan Producer, combined with our top tier customer service, will provide lenders with the best value in the mortgage industry for managing loan originations.”