LPS SHORT SALES SOLUTIONS
Lender Processing Services offers a comprehensive short sales solution that is short on timeframe but long on return. It leverages LPS’ wide range of internal resources — from
analytics and
valuations to
MLS and
market trending data. LPS helps lenders:
- Give a hand to servicers in coordinating title review and identifying junior lien holders.
- Assist servicers in determining the equity position for each transaction.
- Provide guidance on whether short sale offers are consistent with market values.
- Help manage the disposition and closing process, supporting client efforts at realizing the highest return available to all parties and minimizing loss severities.