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Lender Processing Services, Inc. (LPS)

-NYSE

32.19 18 Jun 04:01 SGT

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Lender Processing Services, Inc.
601 Riverside Avenue
Jacksonville, FL 32204
United States - Map
Phone: 904-854-5100
Website: http://www.lpsvcs.com

Details 
Index Membership:N/A
Sector:Services
Industry:Business Services
Full Time Employees:7,800

Business Summary 

Lender Processing Services, Inc. provides integrated technology, data, and services to the mortgage lending industry in the United States. The company operates in two segments, Technology, Data, and Analytics; and Transaction Services. 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, including loan setup and ongoing processing, customer service, accounting and reporting to the secondary mortgage market, and federal regulatory reporting; 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 automate and facilitate the origination of mortgage loans. It also provides data and analytics services, such as alternative valuation services, and data and information. The company’s Transaction Services segment offers customized outsourced business process and information solutions. Its origination services include settlement and title agency services comprising centralized title agency and closing services; appraisal services; and other origination services, such as federal flood zone certifications and monitoring services. This segment also provides default management services, consisting of foreclosure administrative services, property inspection and preservation; default title and settlement services; and alternative property valuation services. The company serves mortgage originators and servicers, other financial institutions, investors, attorneys, trustees, and real estate professionals. Lender Processing Services, Inc. was incorporated in 2007 and is headquartered in Jacksonville, Florida.

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Key Executives 
 PayExercised
Mr. Lee A. Kennedy , 62
Exec. Chairman
2.27M0.00
Mr. Hugh R. Harris , 62
Chief Exec. Officer, Pres and Director
3.49M0.00
Mr. Thomas L. Schilling , 50
Chief Financial Officer and Exec. VP
1.56M0.00
Mr. Daniel T. Scheuble , 54
Chief Operating officer and Exec. VP
2.31M0.00
Mr. Joseph M. Nackashi , 49
Chief Information Officer and Exec. VP
1.31M0.00
Amounts are as of Dec 31, 2012 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
Currency in USD.
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