BANKRUPTCY AND FORECLOSURE SERVICES
LPS Default Solutions offers administrative support services to mortgage servicers and attorneys nationwide. Through the active monitoring by its experienced staff of client-established processes, LPS Default Solutions helps servicers to manage multiple vendors, control costs of servicing, drive improvements in quality and improve value for all stakeholders. Those include attorneys, servicers and investors.
As a result of its tremendous economies of scale, LPS Default Solutions also affords clients the opportunity to realize significant improvements in efficiency, cost savings, and performance. Through integration with the LPS Desktop® platform, information regarding a distressed loan can be managed on a single platform, allowing servicers and the attorneys and vendors they select, to view and update one centralized, comprehensive technology system.
By bringing greater efficiencies to the default process, LPS Default Solutions enables servicers to reallocate staff from foreclosure and bankruptcy tasks to loss mitigation, collections, and borrower contact programs.
The LPS Desktop® enterprise workflow management application offers a single, secure, online access point that connect disparate loan processing technologies to facilitate fast and accurate data transfer. LPS Desktop® helps support your document, invoice and business workflow needs online – from loan boarding through REO disposition.