Loan Protector, FICS Join Forces

Loan Protector Insurance Services, a San Diego-based outsourcer of customized mortgage insurance tracking and verification programs, has developed a custom interface with Financial Industry Computer Systems Inc., a Dallas-based mortgage technology specialist.The companies said the bi-directional interface will enable users of FICS's residential servicing system, Mortgage Servicera, to have access to Loan Protector's proprietary technology software, EasyTrack. The interface enables Loan Protector to verify and track insurance changes to mortgage portfolios while keeping FICS' clients current with the latest insurance information, including the borrower's insurance company or agent, payee information, policy numbers, and dates, as well as coverage and premium amounts. Loan Protector automates much of the tracking process and reduces the level of involvement needed from lenders, allowing them to focus on other areas of strategic importance, the company said. Loan Protector can be found online at http://www.loanprotector.com, and FICS can be found at http://www.loanware.com..