Managing loans that have stopped making payments, known as non-performing loans (NPLs), can be a real headache for lenders. It’s not just about chasing payments; it’s a whole different ball …
Facing a foreclosure can be a really stressful time, and in California, the process often happens outside of court. This is known as a non-judicial foreclosure. It’s a bit different …
Investor reporting for mortgage funds is a big deal. It’s how people who give money to loans know what’s going on with their investment. Without good reports, trust can break …
Selecting the right loan servicing company is a big decision for any lender. It’s not just about handing over the reins; it’s about finding a partner who can handle the …
FCI Lender Services specializes in servicing non-QM (Qualifying Mortgages) through proprietary and state-of-the-art technology which has resulted in top tier ratings from Fitch Rating. Non-QM loans are not backed by …
In April 2022, Fitch Ratings upgraded FCI Lender Service's rating to RSS2 with a stable outlook. This upgraded rating occurred because of FCI Lender Services’ strong company history and management …
Optical character recognition (OCR) technology To read consumer checks for loan payments from lenders. In this way, FCI can accurately and quickly enter payment data into FCI’s online platform in …