LPS DATA SOLUTIONS
Lender Processing Services offers quick and convenient access to the data you need to make the best decisions when it comes to managing the risk of your default loan portfolio.
LPS Applied Analytics offers mortgage loan-level data covering nearly 40 million active first mortgages and eight million active home equity loans and lines of credit. LPS also
has access to the industry’s largest property database containing more than 99.9 percent of the nation's property ownership records – with more added monthly.
The LPS mortgage database provides more than 60 loan-level collateral attributes, including product type detail, geographic detail down to ZIP level, ARM detail, document type, property value, occupancy type, property type, loan purpose and loan size.
This wealth of knowledge allows servicers to understand the attributes of a single loan, an entire portfolio or a market of at-risk loans. The information is available one time, through a subscription or as a service so our clients can stay ahead of the competition.
LPS APPLIED ANALYTICS
LPS Applied Analytics
not only supplies the data, it supplies the tools necessary to deliver intelligent, accurate risk analytics to mortgage servicers via our highly-regarded quantitative methods.
Our default models evaluate behavioral models combined with several projected paths of interest rates and housing prices. With this, LPS can provide default, loss severity and modification projections for fixed, adjustable, prime and subprime mortgages.
LPS' scores are based on behavorial models combined with several projected paths of interest rates and housing prices. These scores help:
- Identify loans with the highest risk of delinquency and default
- Measure loan-level loss exposure and set appropriate loss reserves
- Prioritize loss mitigation efforts through risk-based call list selection and collector assignment
- Increase loss mitigation effectiveness of tools such as repayment plans and loan modifications
- Optimize current and future staffing levels