How are Mortgage Web Services marketed and advertised?
A. LPS has captured roughly a 55 percent share of the residential servicing market as a data processing service bureau. Over 34 million residential mortgages are processed using LPS Mortgage Servicing Package (MSP). In addition, LPS has substantial relationships with third-party providers largely driven by its industry-leading proprietary EDI value added network (LPS InterChange). Mortgage Web Services are marketed to LPS’ MSP and business partner clients via communications tools such as this website, and to the general market via trade publications and trade show participation.