Lender Processing Services, Inc. (Lps)

Lender Processing Services, Inc. provides integrated technology and outsourced services to the mortgage lending industry in the United States. It operates in two segments, Technology, Data, and Analytics; and Loan Transaction Services. The Technology, Data, and Analytics segment offers software systems and information solutions that facilitate and automate various business processes across the life cycle of a mortgage. Its applications and services of its technology include mortgage servicing platform for loan setup and ongoing processing, customer service, accounting and reporting, and federal regulatory reporting; Desktop, a Web-based workflow information system; and various software applications and services that facilitate the origination of mortgage loans. This segment also provides data and analytics services, including enhanced property data and information, alternative valuation services, and alternative valuation services. The Loan Transaction Services segment offers customized outsourced business process and information solutions. It provides various settlement services, such as centralized title agency and closing services to financial institution clients; property appraisal services; lenders real estate tax information, federal flood zone certifications, monitoring services, and outsourcing of tax escrow services. This segment also offers default management services, which include foreclosure services, and property inspection and preservation services, as well as asset management, default title, and settlement services. Lender Processing Services, Inc. provides its services primarily to banks, as well as to various financial institutions, mortgage lenders, mortgage loan service providers, and real estate professionals. The company is headquartered in Jacksonville, Florida.

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