Lender Processing Services' SoftPro™ Division Adds Simplifile to the SoftPro™ 360 Vendor Network

June 1, 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 Simplifile, LC, a leader in e-recording services, has joined SoftPro™ 360, a business exchange service offered by LPS's SoftPro™ division.

"With the addition of Simplifile to the SoftPro 360 vendor network, our customers can submit land record or property documents for e-recording without ever having to leave our software," said Joyce Weiland, LPS SoftPro's President.

Simplifile provides a seamless and secure way for SoftPro customers to submit electronic land record and property documents to their county officials. Anything submitted for e-recording automatically ties to the corresponding SoftPro files, making the whole process smoother and more turn-key. SoftPro customers who use Simplifile through SoftPro 360 can experience a significant reduction in the amount of time it takes to record documents using traditional mailing and follow up processes.

"Simplifile is pleased to work with SoftPro to automate the document recording process," said Paul Clifford, President of Simplifile. "By integrating Simplifile with SoftPro 360, our mutual customers will not only virtually eliminate the need for paper documents, but more efficiently prepare and record documents through a complete and seamless solution."

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.

"SoftPro 360 is 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.

About Simplifile
Simplifile provides innovative, simple, and secure electronic recording services via the Internet. Simplifile's customers include title companies, servicers, national lenders, banks, attorneys, and county and state government jurisdictions.

Simplifile is focused on building the industry's de facto electronic recording network. As such, Simplifile provides a streamlined and scalable approach to electronic recording tailored to organizations of all shapes and sizes. For more information on how Simplifile can benefit your organization, visit www.simplifile.com or call 801.373.0151.

Back