Lender Processing Services' SoftPro™ Division adds FastTrax to the SoftPro 360 Vendor Network

March 18, 2010

JACKSONVILLE, Fla. - Lender Processing Services, Inc. (NYSE:LPS), a leading provider of integrated technology and services to the mortgage and real estate industries, today announced that FastTrax, a vendor for managing post-closing title clearing, has joined the vendor network for SoftPro™ 360, a Web-based service portal offered by LPS's SoftPro™ Division.

"With the addition of FastTrax to our vendor network, our customers can clear title on previously paid off yet outstanding loans without ever having to leave our software," said Joyce Weiland, LPS SoftPro™'s chief operating officer.

FastTrax speeds the process of resolving everything from outstanding mortgages and judgement liens to missing assignments, incorrect discharges or releases and more. SoftPro™ 360 provides a bridge from SoftPro™'s real estate closing and title software to vendors who provide title and closing services — and provides a dramatically faster, easier and more affordable way for SoftPro customers to order services from vendors in the network. "It's a win/win solution for customers and vendors alike," noted Weiland.

About Lender Processing Services
Lender Processing Services, Inc. (LPS) is a leading provider of integrated technology and services to the mortgage industry. LPS offers solutions that span the mortgage continuum, including lead generation, origination, servicing, portfolio retention and default, augmented by the company's award-winning customer support and professional services. Approximately 50 percent of all U.S. mortgages are serviced using LPS' Mortgage Servicing Package (MSP). In fact, many of the nation's top servicers rely on MSP, including seven of the top 10 and 16 of the top 20. LPS also offers proprietary mortgage and real estate data and analytics for the mortgage and capital markets industries. For more information about LPS, please visit www.lpsvcs.com.

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