JACKSONVILLE, Fla. – June 22, 2012 – Lender Processing Services, Inc. (NYSE: LPS), a leading provider of integrated technology, data and analytics to the mortgage and real estate industries, reports the following “first look” at its updated LPS Home Price Index (HPI) report on home price changes based on residential real estate transactions occurring in April 2012. The LPS HPI combines the company’s extensive property and loan-level databases to produce an unparalleled repeat sales analysis of home prices as of their transaction dates every month for each of more than 15,500 U.S. ZIP codes. With price discounts for short sales and foreclosure sales accounted for, the HPI represents the price of non-distressed transactions.
Note: All dollar figures are in thousands.
About Lender Processing Services
Lender Processing Services (NYSE: LPS) delivers comprehensive technology solutions and services, as well as powerful data and analytics, to the nation’s top mortgage lenders, servicers and investors. As a proven and trusted partner with deep client relationships, LPS offers the only end-to-end suite of solutions that provides major U.S. banks and many federal government agencies the technology and data needed to support mortgage lending and servicing operations, meet unique regulatory and compliance requirements and mitigate risk.
These integrated solutions support origination, servicing, portfolio retention and default servicing. LPS’ servicing solutions include MSP, the industry’s leading 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 headquartered in Jacksonville, Fla., and employs approximately 8,000 professionals. The company was ranked as the 877th largest American company in the Fortune 1000 in 2012. For more information, please visit www.lpsvcs.com