LPS

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    Overview of contract jobs at LPS

    Lender Processing Services (LPS) (NYSE: LPS) is an American corporation that provides integrated technology, services, data and analytics solutions to the mortgage and real estate industries. LPS became a publicly traded company in July 2008 and thereafter became involved in several high profile controversies which severely damaged the reputation of the company. The so-called "robo-signing" scandal exposed mass forgeries and other unethical behavior that was occurring within the company and continued thereafter. In addition to the federal government, states such as Nevada began filing legal proceedings against employees of the company. The consequences of these business practices were featured in an episode of 60 Minutes. Eventually LPS settled with the federal government and other states but not before their brand was destroyed in the marketplace. Prior to 2008, LPS was a subsidiary of Fidelity National Information Services.
     
    LPS product offerings support origination, servicing, portfolio retention and default servicing. LPS' servicing solutions include MSP, a loan-servicing platform, which is used to service approximately 50 percent of all U.S. mortgages by dollar volume. The company also provides proprietary data and analytics for the mortgage, real estate and capital markets industries. LPS is a Fortune 1000 company headquartered in Jacksonville, Florida, employing approximately 8,000 professionals, although this number has diminished significantly with the vast amount of layoffs occurring within the company.
    Source: Wikipedia
     
     
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    LPS

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    LPS Offices

    • 601 Riverside Avenue
      Jacksonville FL 32204 USA
      904.854.5100

    Company Website