Seeking Alpha

Lender Processing (LPS)

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Market Currents

  • Wednesday, September 10, 2008

  • 10:26 AM Lender Processing Services (LPS), a spin-off of Fidelity National Information Services (FIS), is seeing profits soar as foreclosures rise. The largest processor of U.S. home loan defaults and foreclosures saw Q2 sales rose 8.3% from the previous year. Comment!