Support for First and Seconds

Consumer loans, including home equity loans and lines, comprise a significant portion of many servicing portfolios due to the expansive growth in home values and loan volumes between 2004 and 2007. Let Lender Processing Services provide the technology to manage those second mortgage loans.

LPS delivers the technology to support both consumer and mortgage loan requirements with our industry-leading servicing package, MSP. This dynamic LPS technology supports:

If you have home equity loans or lines on your books, you are at a higher risk.  LPS offers robust data and analytics, risk management and servicing solutions to empower your home equity strategies and build success despite this higher risk.

LPS has the deepest and broadest level of loan data to help home equity lenders and servicers forecast and proactively manage changes in the mortgage industry. Armed with this information, you can identify sudden changes in market drivers and behaviors, helping you to guide and prioritize your strategies.

One example of data and analytics in action is Lien Advisor, which delivers ongoing alerts for delinquency indicators, default activity, ARM resets or changes of ownerships to you, so you can evaluate potential risk and maximize your secured interest.