Sponsored Content from FICS: FICS Celebrates 40 Years of Excellence in Mortgage Software: A Journey of Innovation and Resilience.

If you think back to 1983, it was a completely different world. Mortgage rates were above 13%, and 1983 is considered the official birthday of the Internet because of the new protocol called TCP/IP. That year, FICS® (Financial Industry Computer Systems, Inc.) was born when its founders created the first version of Mortgage Servicer®.

Sponsored Content from FICS: FICS Celebrates 40 Years of Excellence in Mortgage Software: A Journey of Innovation and Resilience.

If you think back to 1983, it was a completely different world. Mortgage rates were above 13%, and 1983 is considered the official birthday of the Internet because of the new protocol called TCP/IP. That year, FICS® (Financial Industry Computer Systems, Inc.) was born when its founders created the first version of Mortgage Servicer®.

Sponsored Content From CreditXpert: How to Keep Credit Scores from Robbing You of New Mortgage Lending Business

A borrower’s credit report provides a valuable snapshot of their financial health. Mortgage lenders have been using it for years to underwrite their deals, credit is, the most dynamic of the 3 Cs of lending, and it has proven a reliable source of data to predict loan performance. But it can be more than that if the lender learns not to take the borrower’s credit at face value.

Sponsored Content From CreditXpert: How to Keep Credit Scores from Robbing You of New Mortgage Lending Business

A borrower’s credit report provides a valuable snapshot of their financial health. Mortgage lenders have been using it for years to underwrite their deals, credit is, the most dynamic of the 3 Cs of lending, and it has proven a reliable source of data to predict loan performance. But it can be more than that if the lender learns not to take the borrower’s credit at face value.