Lender Processing Services (LPS)

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Lender Processing Services, Inc. News Release

A Collection of Lender Processing Services, Inc. News Release

LPS "First Look" Mortgage Report: April Month-End Data Shows Delinquencies Increase for the First Time in Nine Months
Monday May 21st 2012 04:31:00 PM

JACKSONVILLE, Fla., May 21, 2012 /PRNewswire/ -- Lender Processing Services, Inc. (NYSE: LPS), a leading provider of integrated technology, data and analytics to the mortgage and real estate industries, reports the following "first look" at April 2012 month-end mortgage performance statistics derived from its loan-level database of nearly 40 million mortgage loans. Total U.S. loan delinquency rate (loans 30 or more days past due, but not in foreclosure): 7.12% Month-over-month change in delinquency rate: 0.4% Year-over-year change in delinquency rate: -10.6% Total U.S. foreclosure pre-sale inventory rate: 4.14% Month-over-month chang...

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Lender Processing Services Reports First Quarter 2012 Earnings
Thursday May 3rd 2012 07:15:00 AM

Adjusted EPS of $0.59 and free cash flow of $68.7 million JACKSONVILLE, Fla., May 3, 2012 /PRNewswire/ -- Lender Processing Services, Inc. (NYSE: LPS), a leading provider of integrated technology and services to the mortgage and real estate industries, today announced financial results for the first quarter 2012.  Highlights Revenue of $506 million GAAP net earnings of $47.1 million or $0.56 per diluted share Adjusted net earnings of $49.5 million or $0.59 per diluted share reflecting the add back of purchase amortization Adjusted free cash flow of $68.7 million Signed 2 new MSP Servicing Technology customers "LPS is off to a positive start in 2012.   We deli...

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LPS' Mortgage Monitor Report: Foreclosure Sales Lowest Since December 2010; Foreclosure Inventory Remains Near Historic Highs
Wednesday May 2nd 2012 09:03:57 AM

JACKSONVILLE, Fla., May 2, 2012 /PRNewswire via COMTEX/ --The March Mortgage Monitor report released by Lender Processing Services, Inc. (NYSE: LPS) shows that while March foreclosure starts increased a modest 8.1 percent since last month, overall, they were still down more than 31 percent year-over-year. Also in March, first-time foreclosure starts hit a five-month high. However, despite the increase, the number of first-time foreclosure starts in March was still far below those seen throughout much of 2011 and all of the previous three years. As reported in LPS' First Look, the national foreclosure inventory stayed relatively stable in March, remaining at the historically high levels ma...

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Lender Processing Services, Inc. Announces Quarterly Dividend
Thursday April 26th 2012 04:10:27 PM

JACKSONVILLE, Fla., April 26, 2012 /PRNewswire via COMTEX/ --Lender Processing Services, Inc. (NYSE: LPS), a leading provider of integrated technology and services to the mortgage and real estate industries, announced a regular quarterly dividend of $0.10 per common share. The dividend is payable on June 21, 2012, to shareholders of record as of the close of business on June 7, 2012. About Lender Processing Services Lender Processing Services (NYSE: LPS) delivers comprehensive technology solutions and services, as well as powerful data and analytics to the nation's top mortgage lenders, servicers and investors. As a proven and trusted partner with deep client relationships, LPS offers the...

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LPS "First Look" Mortgage Report: March Month-End Data Shows Further Decline in Delinquencies; Foreclosure Inventory Stable
Tuesday April 24th 2012 04:34:27 PM

JACKSONVILLE, Fla., April 24, 2012 /PRNewswire via COMTEX/ --Lender Processing Services, Inc. (NYSE: LPS), a leading provider of integrated technology, data and analytics to the mortgage and real estate industries, reports the following "first look" at March 2012 month-end mortgage performance statistics derived from its loan-level database of nearly 40 million mortgage loans. Total U.S. loan delinquency rate (loans 30 or more days past due, but not in foreclosure): 7.09% Month-over-month change in delinquency rate: -6.3% Year-over-year change in delinquency rate: -8.8% Total U.S. foreclosure pre-sale inventory rate: 4.14%...

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Lender Processing Services, Inc. to Report First Quarter 2012 Earnings on May 3
Friday April 13th 2012 08:32:06 AM

JACKSONVILLE, Fla., April 13, 2012 /PRNewswire via COMTEX/ --Lender Processing Services, Inc. (NYSE:LPS), a leading provider of integrated technology and services to the mortgage and real estate industries, will report first quarter 2012 financial results on Thursday, May 3, 2012, before the stock market opens, followed by a conference call at 10:00 a.m. ET. A live audio webcast and other earnings-related information will be available through the company's website at LPS Investor Relations, where a replay will also be available after the conclusion of the webcast. For a listen-only connection to the conference call, dial 888-516-2377, conference ID: 2865489. A replay of the teleconfere...

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LPS' Mortgage Monitor Report: February Foreclosure Starts and Sales Reversed Prior Month's Increases; Mortgage Originations Continue Four-Month Decline
Tuesday April 3rd 2012 09:03:00 AM

JACKSONVILLE, Fla., April 3, 2012 /PRNewswire/ -- The latest Mortgage Monitor report released by Lender Processing Services, Inc. (NYSE: LPS) shows that February foreclosure starts and sales reversed course, declining on a month-over-month basis after January's sharp increase in activity. Foreclosure starts were down 15 percent from the month prior, with sales down 19 percent for the same period. Foreclosure sales decreased in both judicial and non-judicial foreclosure states, dropping 22 and 15 percent month-over-month respectively in February. The LPS mortgage performance data showed that, while January's increase in foreclosure sales was most pronounced in loans held on bank po...

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LPS "First Look" Mortgage Report: February Month-End Data Shows Decline in Delinquencies and Foreclosures
Wednesday March 21st 2012 09:01:08 AM

JACKSONVILLE, Fla., March 21, 2012 /PRNewswire/ -- Lender Processing Services, Inc. (NYSE: LPS), a leading provider of integrated technology, data and analytics to the mortgage and real estate industries, reports the following "first look" at February 2012 month-end mortgage performance statistics derived from its loan-level database of nearly 40 million mortgage loans. Total U.S. loan delinquency rate (loans 30 or more days past due, but not in foreclosure):   7.57% Month-over-month change in delinquency rate: -5.0% Year-over-year change in delinquency rate: -14.0% Total U.S foreclosure pre-sale inventory rat...

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LPS' Largest Implementation of ShowCase® Court Case Management System To Date in Palm Beach County, Fla.
Wednesday March 14th 2012 04:30:27 PM

LPS Local Government Solutions is Streamlining County's Processing of 425,000 Annual Court Cases JACKSONVILLE, Fla., March 14, 2012 /PRNewswire/ -- The Local Government Solutions division of Lender Processing Services (LPS), announced today it has completed the initial phase of the installation of its advanced criminal court management technology, ShowCase®, in the Palm Beach County Clerk & Comptroller's Office. The Palm Beach County implementation represents the largest installation of ShowCase® to date. Palm Beach, the 29th most populous county in the U.S. with nearly 1.3 million residents, will use ShowCase® to handle the approximately 425,000 criminal court ...

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