Lender Processing Services (LPS) launched HAMP functionality for its LPS Desktop, according to a corporate release. LPS Desktop Loss Mitigation is a Web-based tool that can adapt to and manage any loss activity volume. It also enables loan servicers to automate its loan modification process, including loan assignment, queuing and delivery of optimized workout options, document generation and online document execution, according to the release. With the new function, loan files are automatically assigned and sent to servicer work queues and is configurable by client, investor, portfolio and loan type. LPS provides technology, services, data and analytics to the mortgage and real estate industries. Write to Jon Prior.
Jon Prior was a reporter with HousingWire through late 2012.see full bio
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HousingWire Mortgage Rankings have arrived, bringing data-driven benchmark to originator performance
HousingWire on Tuesday announced the launch of the HousingWire Mortgage Rankings, a new performance intelligence product designed to provide a clear, data-driven view of mortgage origination activity across the U.S. The rankings benchmark mortgage originators based on observed production, offering a standardized view of performance across geographies, loan types and channels. Historically, the mortgage industry has lacked […]
Jon Prior was a reporter with HousingWire through late 2012.see full bio