Stock Report: Lender Processing Services Inc. (LPS) Report Updated: May 20, 2013 | Print This Page

Lender Processing Services, Inc. provides integrated technology and outsourced services to the mortgage lending industry in the United States. Its 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. This segment’s primary applications and services include mortgage servicing platform, an application that automates loan servicing, as well as processes fixed-rate and adjustable-rate mortgages, construction loans, and daily simple interest loans; Desktop, a Web-based workflow information system that can be used for managing and automating various workflow processes; and other software applications and services that facilitate the origination of mortgage loans. It also provides data and analytics services, such as data and information, and alternative valuation services. The company’s Loan Transaction Services segment offers customized outsourced business process and information solutions, such as settlement services comprising centralized title agency and closing services; appraisal services; and other origination services, including federal flood zone certifications and monitoring services. This segment also provides default management services, such as property inspection and preservation; foreclosure; and asset management, default title, and settlement services. The company serves mortgage lenders, mortgage loan servicers, attorneys, trustees, real estate professionals, banks, and other financial institutions. Lender Processing Services, Inc. is headquartered in Jacksonville, Florida.