The FICS Data Connector allows your organization to integrate and leverage valueable mortgage origination and servicing data from one or more of the following FICS modules: Loan Producer, Mortgage Servicer and Commercial Servicer. This connector allows you automate monthly, quarterly and annual reporting processes that may currently be manual. In addition, this connector allows enables Banks/Credit Unions to more effectively manage the mortgage portfolio as well as find opportunities to cross sell other retail products and services to those who currently have a mortgage.
Why Don’t Member Attrition Models Work?
Every credit union has heard some variation of the following pitch from a vendor. “We have a near-perfect member attrition model that is 94.3% accurate.