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Description
Mortgage Servicer® is an intuitive software platform designed to streamline residential servicing tasks, such as payment handling, investor reporting, escrow management, custodial accounting, imaging, and report generation, among others. The ability to adapt is essential for loan servicers managing intricate financial transactions, which is why FICS® has developed an extensive array of tools that simplify the posting of various payments and fees. Mortgage Servicer® ensures that payment processing is not only swift but also straightforward and precise. Users of Mortgage Servicer® benefit from unparalleled automation in escrow administration, setting it apart from other servicing systems. The software adeptly manages previously challenging scenarios, such as unusual due dates and varying payment frequencies, with ease. Furthermore, Mortgage Servicer® offers the most advanced and adaptable tools for investor accounting, allowing you to create hundreds of reporting groups tailored to specific security holders or participants, enhancing your operational efficiency significantly. This comprehensive suite of features positions Mortgage Servicer® as a leader in the mortgage servicing industry.
Description
PRAXIS serves as a specialized third-party escrow agent with a focus on various types of escrow services including software, source code, SaaS, AI, technology, trade secrets, and automated escrow solutions.
By introducing Automated Escrow and leading the way with Infinite Retention, PRAXIS has transformed the traditional escrow model to better fit the needs of contemporary, cloud-driven, and agile development practices. Their Automated Escrow platform seamlessly connects with source-code repositories and deployment processes, guaranteeing that escrow deposits remain consistently up-to-date, complete, and verifiable—all without the need for manual uploads or risking compliance issues.
Moreover, the Infinite Retention feature guarantees that escrowed materials are retained indefinitely, ensuring enduring continuity and protection for all stakeholders involved, including beneficiaries, licensees, lenders, and acquirers, thereby enhancing trust and security in the escrow process. With these innovative solutions, PRAXIS is shaping the future of escrow services by prioritizing reliability and ease of access.
API Access
Has API
API Access
Has API
Pricing Details
No price information available.
Free Trial
Free Version
Pricing Details
Custom
Free Trial
Free Version
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Vendor Details
Company Name
FICS
Founded
1983
Country
United States
Website
www.fics.com
Vendor Details
Company Name
PRAXIS Technology Escrow
Founded
2016
Country
United States
Website
praxisescrow.com
Product Features
Loan Servicing
Accounting Management
Amortization Schedule
Application Management
Auto Loans
Automatic Funds Distribution
Business Loans
Collateral Tracking
Collections Management
Compliance Management
Construction Loans
Customer Database
Fee Management
Investor Management
Loan Processing
Student Loans
Mortgage and Loans
Amortization Schedule
Client Database
Closing Documents
Commercial Mortgages
Contact Management
Credit Reporting
Customer Statements
Document Management
Electronic Applications
Government Loans
Loan Origination
Loan Servicing
Pipeline Management
Pre-Qualification
Refinance Management
Residential Mortgages
