# Lender Processing Services, Inc. (LPS)

> LPS was a Jacksonville-based supplier of mortgage software, property data, analytics and outsourced transaction services. Its MSP platform supported approximately 50% of U.S. mortgages by dollar volume in 2013. Incorporated in 2007 and spun off from FIS in 2008, LPS was acquired by Fidelity National Financial in January 2014; its technology business became part of Black Knight, acquired by ICE in 2023.

- **Founded:** 2007
- **Headquarters:** Jacksonville, United States
- **Products:** MSP, Empower, LPS Desktop, RealEC, McDash / Applied Analytics
- **Notable:** MSP was used to service approximately 50% of U.S. mortgages by dollar volume in 2013., Reported year-end processing for more than 34 million loans and 62 clients in March 2012., Acquired by FNF for $3.4 billion in January 2014.

## Products & services

- **MSP** — Hosted mortgage servicing platform for loan records, processing, customer service, accounting and reporting; offered by LPS before its 2014 acquisition.
- **Empower** — Enterprise loan origination software; historically an LPS product. The successor Empower business was divested to Constellation subsidiaries in 2023.
- **LPS Desktop** — Workflow platform supporting servicing and default processes, document images and invoicing.
- **RealEC** — Electronic network connecting lenders and settlement-service providers.
- **McDash / Applied Analytics** — Loan-level mortgage performance database used for benchmarking and analysis; acquisition announced in July 2008.
- **Settlement and origination services** — Title, closing, appraisal and flood-related services supporting mortgage transactions.
- **Default services** — Administrative, title, valuation and property-related support for delinquent loans and real estate disposition.

## Achievements

- MSP was used to service approximately 50% of U.S. mortgages by dollar volume in 2013.
- Reported year-end processing for more than 34 million loans and 62 clients in March 2012.
- Acquired by FNF for $3.4 billion in January 2014.

## Latest updates

- **2023-09** — Successor update: ICE completed its Black Knight acquisition on September 5; this was not a new acquisition of an independent LPS.
- **2023-09** — Successor update: ICE announced completion of the Empower and Optimal Blue divestitures to Constellation subsidiaries on September 15.

## Links

- Website: http://www.lpsvcs.com
- LinkedIn: https://www.linkedin.com/company/lender-processing-services-inc--lps-

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Published by YesPress — https://yespress.io
Last updated: 2026-10-21
