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Get to know Lender Processing Services, Inc. (LPS)

Lender Processing Services, Inc. (LPS), a spin-off from Fidelity National Financial (FNF) in 2008, was a major provider of mortgage processing, settlement services, and default management solutions in the United States. The company's core offering was its Mortgage Servicing Platform (MSP), a comprehensive software system used by financial institutions to manage all aspects of the mortgage lifecycle. Following the 2008 financial crisis, LPS faced significant legal and regulatory scrutiny for its role in the "robo-signing" scandal related to foreclosure documents. In 2014, LPS was re-acquired by Fidelity National Financial and was later integrated into a new entity, Black Knight, Inc. Black Knight continued as a market leader in mortgage and real estate technology until it was acquired by Intercontinental Exchange (ICE) in September 2023.

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Lender Processing Services, Inc. (LPS)

United States

Founded in

2007 (19 Years)

Founded

Last online: No recent activity

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BridgerPay

(180 reviews)

Cyprus

2017

(9 years)

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A Grade License

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C Grade License

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From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

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