Demand Fundamentals
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Demand Technicals
Company Profile
Lender Processing Services, Inc. provides integrated technology and outsourced services to the mortgage lending industry in the United States. The company operates through 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- and processes a range of loan products consisting of fixed-rate mortgages, adjustable-rate mortgages, construction loans, and daily simple interest loans. Its applications and services of technology comprise 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 for managing and automating a range of workflow processes- and various software applications and services that facilitate the origination of mortgage loans. This segment also provides data and analytics services, including alternative valuation services, data and information, and fraud detection 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- property appraisal services- and lenders real estate tax information, federal flood zone certifications, and monitoring services. This segment also offers default management services, which include foreclosure- property inspection and preservation- and asset management, default title, and settlement. The company provides its services primarily to banks, as well as to various financial institutions, mortgage lenders, mortgage loan servicers, attorneys, trustees, and real estate professionals. Lender Processing Services, Inc. is headquartered in Jacksonville, Florida.
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