LPS LOSS MITIGATION
Increased delinquency volumes, the quantity of current homeowners in distress and heightened investor visibility requirements all combine to make loss mitigation a much more difficult proposition than it was a few years ago.
As a high number of loans continue to enter default or are in imminent risk of default, protecting your consumer loan portfolio is more critical than ever. Servicers are being challenged to mitigate current and potential losses at an incredibly rapid pace.
By combining powerful data and analytics
, best-in-class technology and customizable options to protect your consumer loan portfolio, LPS offers more capabilities and options than any other provider to help financial institutions identify accounts, track repayment plans and report with accuracy.