Tag Archives: Lender Processing Services

Credit standards continue to look better and better as the market pulls away from the bubble era and the subsequent crash, LPS says.

Home prices in December were mostly flat from the month before, according to the latest Home Price Index (HPI) released by Lender Processing Services (LPS). LPS' index shows prices climbed 0.1 percent in December, staying at a rounded-off $207,000. November's HPI was also reported at $207,000. While December's index was little changed from the prior month, it was up 5.8 percent from $196,000 in December 2011. January 2012's index was also an estimated $196,000, meaning the year-to-date change throughout 2012 was also 5.8 percent.

Lender Processing Services, Inc. (LPS) introduced It's Listed! Alerts as a way to let servicers know when properties in their portfolios show up on MLS.

Lender Processing Services, Inc. (LPS) announced the appointment of Dan Carmichael to its board of directors. Carmichael also serves as the chairman of the board at Platinum Underwriters Holdings and is on the board for EagleEye Analytics and Dovetail Insurance Corporation. In addition, he is an advisor to FirstMark Capital.

On an annual basis, 2012 was the strongest year for originations since 2007, according to Lender Processing Services' December Mortgage Monitor.

Home prices continued to inch up in November, according to Lender Processing Services' (LPS) Home Price Index (HPI) for the month.

Elevated refinance activity under the Home Affordable Refinance Program continues to support overall growth in originations, according to LPS.

Home prices rose just slightly over the month of September, demonstrating a 0.1 percent increase from August, according to Lender Processing Services' Home Price Index, which analyzes home prices in more than 15,500 ZIP codes each month. The modest increase lines up with the latest S&P/Case-Shiller Home Price Index, which came in under expectations. While the 0.1 percent increase is slight, LPS does report more significant change on a yearly and year-to-date basis.

Former DocX president Lorraine Brown is looking at a two- to three-year stretch in prison after accepting a plea deal over robo-signing practices, according to announcement from Missouri attorney general Chris Koster.

Lender Processing Services (LPS) recently introduced reInsight MLS, and Georgia MLS became the first to launch the new offering.