LPS Government Solutions

8/9/2019 LPS Government Solutions

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LPS Government SoLutionS

www.lpsvcs.om

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LPS is the ideal partner or governmental

agencies and departments that need

to adapt to innovative new programs,

regulatory reorm initiatives, unctional and

organizational realignment or departmental

consolidation cycles, and achieve eciencyimprovement benchmark goals.

As evidenced by its strong relationships

with government agencies and unparalleled

advantage in data, analytics, products and

proessional services, LPS provides the

tools the government needs to perorm

the critical work o restoring the countrys

economic ooting.

LPS is a well-capitalized, experienced and

dedicated partner committed to thoroughly

understanding your needs, and tailoring its

solutions to meeting them, regardless o

agency size or discipline.

From its unmatched expertise in housing and

nance, to creating back-oce eciencies

or a wide range o applications, LPS has theexperience and solutions necessary to meet

the challenges o 21st-century governance.

Technology Solutions To PowerTransormation And Efciency

For nearly 50 years, Lender Processing

Services (LPS) has been providing

technology solutions that help

organizations operate at peak eciency.

LPS is able to quickly adapt to the bold

actions o the ederal government to meetthe nations challenges. Changing market

conditions and regulatory requirements

require proven, robust technology solutions

that enable organizations to transorm

rapidly, while supporting optimal

perormance every step o the way.

The Power Of LPS

LPS offers the most comprehensive

technology, data and analytics for the

mortgage and real estate industries. We

are the ideal partner to help your agency

to meet the ever-changing requirements

of todays housing market.

Morethan8,500employeesacross

NorthAmerica

2009annualrevenue:$2.37billion

Largestmortgage,publicrecordsand

realestatedatabasesinthecountry

Morethan50percentofU.S.mort-

gagesservicedontheLPSservicing

platform

Strategicconsultingsuccesseshave

resultedintremendouscost-savingsfor

ourgovernmentandbusinesscustomers

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ootage) and loan inormation rom

recorded documents

Detailed inormation on more than

92 percent o U.S. property ownership

records in more than 2,000 counties

Enhanced data rom external

resources, including public and privateschools, crime stats, demographics,

environmental hazards and

neighborhood trends

Additionally, LPS Applied Analytics

delivers prepayment and deault models

to identiy loan- and portolio-level

delinquency, deault and loss propensities.

Te models combined use o loan,

borrower, property and external data

provide the most precise, detailed and

timely results available.

LPS models are integrated with all

major analytics, proprietary, asset-liability

management (ALM) and servicing systems,

and include interest rate processes and other

valuation and risk management tools or

mortgage-backed securities (MBS), asset-

backed securities (ABS) and collateralized

mortgage obligations (CMO).

One Source. Powerul Solutions.

Te ederal government is executing bold

initiatives to address the underlying trouble

in the housing market and conquer todays

nancial crisis. LPS has the technology,

data, analytics tools and expertise to

acilitate the governments response and

help your agency transorm to new andchanging requirements. LPS is your single

source partner or a ull range o proven,

robust solutions.

Data and Analytics

LPS Applied Analytics oers loan-level

data covering nearly 40 million active rst

mortgages and 5 million second mortgages,

spanning the spectrum o agency, non-

agency and portolio products. Tis

database collects more than 80 loan-level

collateral attributes, including product-

type detail, geographic detail down to ZIP

level, ARM detail, FICO, document type,

property value, occupancy type, property

type, loan purpose and loan size.

LPS Applied Analytics also oers the most

robust, accurate, up-to-date real estatedatabase. It directly collects, converts,

updates, expands and veries each piece

o data, providing:

More than 285 million residential/

commercial property, assessment,

ownership, sales and mortgage records

More than 120 separate data elds per

record, including property characteristics

(e.g., number o bedrooms, living square

www.LPSVCS.com

202.370.8000

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Te LPS Advantage

LPSrepeatedlyrateshighincustomer

satisaction due to our fexibility,

responsiveness and wil lingness

to partner with our clients on their

most important initiatives.

LPShasthedatasecurityinfrastruc-

ture to securely handle non-publicpersonal inormation.

LPShasexpertiseinallaspectsofthe

data aggregation cycle:

Collection

Validation and correction

Custom reporting

Development o analytic applications

Creation o normalized databases

with research, modeling and

analytic value

Risk Management

In order or the housing recovery to be

successul and sustainable, raud must be

identied and eliminated. By providing a

comprehensive set o risk management,

inormation verication and raud mitiga-

tion capabilities, LPS allows your agency to

ensure that recovery eorts are not compro-

mised or diminished by raudulent activities.

LPS Applied Analytics provides a

comprehensive, three-pronged set o

verication tools to help combat raud and

ensure accuracy o inormation. Identity,

income and employment verication

services tap existing databases to ensure

your agency is dealing with accurate and

actionable inormation.

Due Diligence and Data Validation

LPS has provided pre- and post-trans-

actional due diligence on whole loans or

more than 20 years. LPS supports the ull

spectrum o due diligence services, including:

Loan-le reviews to determine the

specic loan characteristics and original

underwriting criteria o individual and

portolios o loans

Loan servicing reviews or borrower

perormance issues and modication

resolutions

Regulatory compliance reviews to test

or issues relating to ederal, state and

local lending laws

Due diligence technology that providesthe scalable inrastructure to receive and

process data les rom multiple lenders,

portolios and loans

Automated screening products and

neighborhood data regarding market

and inventory trends and orecasts

Automated property valuation models

as well as more in-depth desktop and

eld valuations

LPS technologies,

analytics, products and

services help government

agencies ulll their

responsibilities eciently,

afordably and reliably.

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bases, using sotware specically designed

to identiy condential inormation.

Every page o each scanned image is

read, identiying all areas that contain

sensitive inormation, and electronically

highlighting the located inormation on

the image or quality assurance.

Application Management

Partnering with LPS provides agencies

the most reliable, unctional and scalable

solutions possible. From development,

through interacing, network monitoring

and ongoing support, LPS application

management ensures maximum uptime

and usability.

Governmental Efciency

Both within housing-specic agencies and

beyond, LPS provides technology solutions

that keep oces running at peak eciency.

Imaging and Document Management

LPS oers robust imaging capabilities that

allow agencies to virtually eliminate theneed or paper by seamlessly capturing,

indexing, routing, archiving and retrieving

documents through a secure, Web-based

connection. Additionally, LPS can bring

the same combination o imaging and

automation to streamline all mailroom

unctions as well.

LPS document management solutions

oer access-level image scanning

technology, along with document search

and retrieval unctionality. Scanning

technology greatly reduces internal

paper handling and physical storage

requirements by scanning electronic

copies o documents. At the same

time, the solutions fexibility, security

and customization provide exceptional

versatility and control or archiving andsearching all types o records.

o comply with privacy standards and to

better protect condential inormation, LPS

solutions have the ability to auto-redact

such data aster, more aordably and more

reliably than manual redaction. Te solution

redacts sensitive inormation rom scanned

images on historical and go-orward

www.LPSVCS.com

202.370.8000

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A rusted Partner O

Government Agencies

LPS is already working in a variety of

capacities with many government and

government-sponsored agencies, including:

BureauofReclamation

FannieMae FederalDepositInsuranceCorporation(FDIC)

FederalHousingFinanceAgency

FederalReserveSystem

FreddieMac

GinnieMaeSM

HopeNowAlliance

HousingandUrbanDevelopment(HUD)

OfceoftheComptrolleroftheCurrency(OCC)

OfceofThriftSupervision(OTC)

U.S.MarshalsService

VeteransAffairs

About LPS

LPS is a leading provider o processing

services, centralized settlement services

and deault solutions to the mortgage

industry. LPS solutions are used extensively

by the top 25 lenders, and the companys

Mortgage Servicing Package (MSP) is

used to service more than 50 percent oall U.S. residential mortgage loans by dollar

volume. No other company in the industry

provides this level o comprehensive

solutions.

LPS also has the largest proprietary

mortgage, public records and real estate

databases in the country. Tis robust data

is coupled with insightul and actionable

modeling and analytics capabilities.

Tese capabilities are critical components

in addressing the nations current nancial

challenges, rooted as they are in the

housing market.

In short, LPS provides the proven

solutions your agency needs to be more

competitive; and the stability, innovation,customer ocus and expertise to help

you reduce costs, increase eciency and

remain ocused on your core operations.

From housing-specic operations across

the ederal government, to achieving

eciencies in all manners o governmental

operations, LPS is an ideal partner to

support your continued success.

www.LPSVCS.com

202.370.8000

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For more inormation

about how LPS GovernmentSolutions can help your agency

achieve its goals, contact:

Rob Catron

202.370.8000

www.LPSVCS.com

[email protected]

February 2010 GS01

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LPS Government Solutions

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