LOSS MITIGATION
LPS' advanced loss mitigation solutions provide the tools to help lenders limit defaults — and keep borrowers in their homes. Our best-in-class solutions combine
powerful data and sharp analytics to help identify problem loans in portfolios and mitigate them before costs mount.
Not only that, LPS offers solutions that analyze portfolios and match potentially troublesome loans with government and private loan modification efforts.
Our solutions study and help predict loans that may be headed for deeds in lieu with products such as
Forensic Analysis and
Lien Alert.
LPS provides technologies that allow servicers to not only predict but administer properties through short sales. We offer solutions that provide valuations and other services.
In the case of forbearance/repayment, LPS
ClosingStreamTM integrates with our foundational Mortgage Servicing Package (MSP) to handle necessary loan documentation changes.