Lender
Processing Services, Inc. Announces Quarterly Dividend
Lender
Processing Services, Inc. (NYSE:
LPS), a leading provider of integrated technology and services to
the
mortgage and real estate industries, announced a regular quarterly dividend
of $0.10 per common share. The dividend is payable on March 30, 2010, to
shareholders of record as of the close of business on March 16, 2010.
About
Lender Processing Services
Lender
Processing Services, Inc. (LPS) is a leading provider of integrated
technology and services to the mortgage and real estate industries. LPS
offers solutions that span the mortgage continuum, including lead
generation, origination, servicing, workflow automation (LPS
Desktop), portfolio retention and default, augmented by the company's award-
winning customer support and professional services. Approximately 50 percent
of all U.S. mortgages by dollar volume are serviced using LPS' Mortgage
Servicing Package (MSP). In fact, many of the nation's top servicers rely on
MSP, including eight of the top 10 and 14 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.
Forward Looking Statements
This
press release contains forward-looking statements that involve a number of
risks and uncertainties. Those forward-looking statements include all
statements that are not historical facts, including statements about our
beliefs and expectations. Forward-looking statements are based on
management's beliefs, as well as assumptions made by and information
currently available to management. Because such statements are based on
expectations as to future economic performance and are not statements of
historical fact, actual results may differ materially from those projected.
We undertake no obligation to update any forward-looking statements, whether
as a result of new information, future events or otherwise. The risks and
uncertainties to which forward-looking statements are subject include, but
are not limited to: changes in general economic, business and political
conditions, including changes in the financial markets; the effects of our
substantial leverage on our ability to make acquisitions and invest in our
business; the elimination of existing and potential customers as a result of
failures and consolidations in the banking and financial services
industries; changes to the laws, rules and regulations that regulate our
businesses as a result of the current economic and financial environment;
the impact of adverse changes in the level of real estate activity on demand
for certain of our services; our ability to adapt our services to changes in
technology or the marketplace; risks associated with protecting information
security and privacy; the impact of any potential defects, development
delays, installation difficulties or system failures on our business and
reputation; risks associated with our spin-off from Fidelity National
Information Services, Inc. ("FIS"), including those relating to our new
stand-alone public company status and limitations on our strategic and
operating flexibility as a result of the tax-free nature of the spin-off;
and other risks and uncertainties detailed in the "Statement Regarding
Forward-Looking Information," "Risk Factors" and other sections of the
Company's Form 10-K and other filings with the Securities and Exchange
Commission.
Preservation Monthly "Inside the News"
Subscribe today,
for your daily subscription of Preservation Monthly "Inside the News"
get delivered to your mailbox daily – it’s free, keep
updated on the news this way you will stay informed and won’t be
left out on the news.
|