LPS Government solutions

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www.lpsvcs.com
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Technology Solutions To Power
Transformation And Efficiency
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For nearly 50 years, Lender Processing LPS is the ideal partner for governmental
Services (LPS) has been providing agencies and departments that need
technology solutions that help to adapt to innovative new programs,
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organizations operate at peak efficiency. regulatory reform initiatives, functional and
LPS is able to quickly adapt to the bold organizational realignment or departmental
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actions of the federal government to meet consolidation cycles, and achieve efficiency
the nation’s challenges. Changing market improvement benchmark goals.
conditions and regulatory requirements
require proven, robust technology solutions As evidenced by its strong relationships
that enable organizations to transform with government agencies and unparalleled
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rapidly, while supporting optimal advantage in data, analytics, products and
performance every step of the way. professional services, LPS provides the
tools the government needs to perform
the critical work of restoring the country’s
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The Power Of LPS economic footing.

LPS offers the most comprehensive
technology, data and analytics for the LPS is a well-capitalized, experienced and
dedicated partner committed to thoroughly
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mortgage and real estate industries. We

are the ideal partner to help your agency
to meet the ever-changing requirements
of today’s housing market.
• More than 8,500 employees across
understanding your needs, and tailoring its
solutions to meeting them, regardless of
agency size or discipline.
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North America From its unmatched expertise in housing and

• 2009 annual revenue: $2.37 billion
• Largest mortgage, public records and
finance, to creating back-office efficiencies
for a wide range of applications, LPS has the
experience and solutions necessary to meet
the challenges of 21st-century governance.
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real estate databases in the country

• More than 50 percent of U.S. mort-

gages serviced on the LPS servicing
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platform

• Strategic consulting successes have

resulted in tremendous cost-savings for
our government and business customers
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One Source. Powerful Solutions.
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The federal government is executing bold
initiatives to address the underlying trouble
in the housing market and conquer today’s
financial crisis. LPS has the technology,
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data, analytics tools and expertise to
facilitate the government’s response and
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help your agency transform to new and
changing requirements. LPS is your single
source partner for a full range of proven,
robust solutions.
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Data and Analytics
LPS Applied Analytics offers loan-level
data covering nearly 40 million active first
mortgages and 5 million second mortgages,
spanning the spectrum of agency, non-
agency and portfolio products. This
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 offers the most
robust, accurate, up-to-date real estate
database. It directly collects, converts,
updates, expands and verifies each piece
of data, providing:
• More than 285 million residential/
commercial property, assessment,
ownership, sales and mortgage records
• More than 120 separate data fields per
record, including property characteristics
(e.g., number of bedrooms, living square
footage) and loan information from
recorded documents
• Detailed information on more than
92 percent of U.S. property ownership
records in more than 2,000 counties
• Enhanced data from external
resources, including public and private
schools, crime stats, demographics,
environmental hazards and
neighborhood trends
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Additionally, LPS Applied Analytics
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delivers prepayment and default models
to identify loan- and portfolio-level
delinquency, default and loss propensities.
The models’ combined use of loan,
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borrower, property and external data
provide the most precise, detailed and
timely results available.
LPS’ models are integrated with all
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major analytics, proprietary, asset-liability
management (ALM) and servicing systems,
and include interest rate processes and other www.LPSVCS.com
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valuation and risk management tools for 202.370.8000
mortgage-backed securities (MBS), asset-
backed securities (ABS) and collateralized
mortgage obligations (CMO).
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LPS technologies,
analytics, products and
services help government
agencies fulfill their
responsibilities efficiently,
affordably and reliably.
Risk Management
In order for the housing recovery to be
successful and sustainable, fraud must be
identified and eliminated. By providing a
comprehensive set of risk management,
information verification and fraud mitiga-
tion capabilities, LPS allows your agency to
ensure that recovery efforts are not compro-
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mised or diminished by fraudulent activities.
LPS Applied Analytics provides a
comprehensive, three-pronged set of
verification tools to help combat fraud and
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ensure accuracy of information. Identity,
income and employment verification
services tap existing databases to ensure
your agency is dealing with accurate and
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actionable information.
Due Diligence and Data Validation
LPS has provided pre- and post-trans-
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actional due diligence on whole loans for
more than 20 years. LPS supports the full
spectrum of due diligence services, including:
• Loan-file reviews to determine the
specific loan characteristics and original
underwriting criteria of individual and
portfolios of loans
The LPS Advantage
• LPS repeatedly rates high in customer
satisfaction due to our flexibility,
responsiveness and willingness
to partner with our clients on their
most important initiatives.
• LPS has the data security infrastruc-
ture to securely handle non-public
personal information.
• LPS has expertise in all aspects of the
data aggregation cycle:
– Collection
– Validation and correction
– Custom reporting
– Development of analytic applications
– Creation of normalized databases
with research, modeling and
analytic value
• Loan servicing reviews for borrower
performance issues and modification
resolutions
• Regulatory compliance reviews to test
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for issues relating to federal, state and
local lending laws
• Due diligence technology that provides
the scalable infrastructure to receive and
process data files from multiple lenders,
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portfolios and loans
• Automated screening products and
neighborhood data regarding market
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and inventory trends and forecasts
• Automated property valuation models
as well as more in-depth desktop and
field valuations
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Governmental Efficiency
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Both within housing-specific agencies and
beyond, LPS provides technology solutions
that keep offices running at peak efficiency.
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Imaging and Document Management
LPS offers robust imaging capabilities that
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allow agencies to virtually eliminate the
need for paper by seamlessly capturing,
indexing, routing, archiving and retrieving
documents through a secure, Web-based
connection. Additionally, LPS can bring
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the same combination of imaging and
automation to streamline all mailroom
functions as well.
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LPS document management solutions

offer access-level image scanning
technology, along with document search
and retrieval functionality. Scanning
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technology greatly reduces internal bases, using software specifically designed

paper handling and physical storage to identify confidential information.
requirements by scanning electronic Every page of each scanned image is
copies of documents. At the same read, identifying all areas that contain
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time, the solutions’ flexibility, security sensitive information, and electronically

and customization provide exceptional
versatility and control for archiving and
searching all types of records.
highlighting the located information on
the image for quality assurance.
Application Management
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To comply with privacy standards and to Partnering with LPS provides agencies
better protect confidential information, LPS the most reliable, functional and scalable
solutions have the ability to auto-redact solutions possible. From development, www.LPSVCS.com
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such data faster, more affordably and more through interfacing, network monitoring 202.370.8000
reliably than manual redaction. The solution and ongoing support, LPS application
redacts sensitive information from scanned management ensures maximum uptime
images on historical and go-forward and usability.
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Strategic Consulting
Of all the capabilities and benefits LPS
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brings to clients in the government and
private sectors, perhaps none are as valuable
as the expertise LPS professionals offer.
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In the current economic climate, the
actions governmental agencies take today
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– and their success in doing so – will
impact the nation’s economic stability
for years to come. To help agencies make
the most informed decisions, mitigate
risks and operate at peak efficiency, LPS
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offers comprehensive strategic consulting
services, including:

• Process Improvement – LPS helps • Program Management – LPS experts

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you achieve improvements by mapping assist in managing the implementation

current processes and assisting you of new technology and overseeing the
in re-engineering these processes to multiple sub-projects required.
optimize agency efficiency.
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• Staff Augmentation – LPS consultants

• Data and Analytics – LPS subject- help you obtain the specific expertise,
matter experts assist you in using LPS’ assistance and knowledge you need
powerful data and analytics tools. to achieve your operational and/or
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technology objectives on a short-term

or long-term basis.
LPS Technology
• IT Infrastructure – LPS experts help
LPS’ advanced, proprietary technologies:
improve operational performance,
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• Integrate seamlessly with existing

reduce costs and mitigate risks quickly
systems
and securely.
• Are built to provide exceptional speed
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and ease-of-use For more information about how LPS

• Virtually eliminate the risk of errors Government Solutions can help your
• Deliver substantial increases agency achieve its goals, contact Rob
in efficiency and performance Catron at 202.370.8000 today.
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About LPS
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A Trusted Partner Of
LPS is a leading provider of processing
Government Agencies
services, centralized settlement services
and default solutions to the mortgage LPS is already working in a variety of
capacities with many government and
industry. LPS solutions are used extensively
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government-sponsored agencies, including:
by the top 25 lenders, and the company’s
• Bureau of Reclamation
Mortgage Servicing Package (MSP) is
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used to service more than 50 percent of • Fannie Mae®
all U.S. residential mortgage loans by dollar • Federal Deposit
volume. No other company in the industry Insurance
Corporation
provides this level of comprehensive
(FDIC)
solutions.
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• Federal Housing
Finance Agency
LPS also has the largest proprietary
• Federal Reserve
mortgage, public records and real estate System
databases in the country. This robust data
• Freddie Mac®
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is coupled with insightful and actionable SM

• Ginnie Mae
modeling and analytics capabilities.
• Hope Now
Alliance
These capabilities are critical components
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in addressing the nation’s current financial • Housing

and Urban
challenges, rooted as they are in the
Development
housing market. (HUD)
• Office of the
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In short, LPS provides the proven Comptroller

solutions your agency needs to be more of the
competitive; and the stability, innovation, Currency
(OCC)
customer focus and expertise to help
you reduce costs, increase efficiency and • Office of
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Thrift
remain focused on your core operations.
Supervision
From housing-specific operations across (OTC)
the federal government, to achieving • U.S. Marshals www.LPSVCS.com
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efficiencies in all manners of governmental Service 202.370.8000

operations, LPS is an ideal partner to • Veterans
support your continued success. Affairs
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For more information
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about how LPS Government
Solutions can help your agency
achieve its goals, contact:

Rob Catron
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202.370.8000
www.LPSVCS.com
govsolutions@lpsvcs.com
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February 2010 • gs01

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