Company Details
A full-service asset management firm, LPS serves in a nationwide advisory and management role in the coordination of real estate-owned sales transactions for lenders and servicers. LPS’ comprehensive services include professional asset management and REO disposition services, national closing management and title curative, all supported by state-of-the-art, Internet-based proprietary case-management technology. No other company offers a better combination of expertise, nationwide resources and cutting-edge technology for asset management than LPS. From acquisition through closing, our best-in-class professionals create expert marketing strategies for asset disposition, resolve title issues and manage every aspect of the REO process to ensure the best results for every asset.
Lender Processing Services (NYSE: 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 (Desktop), portfolio retention, risk management 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). 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.
Key Personnel
Chad Neel
Chad Neel is Senior Managing Director of LPS Asset Management Solutions, LPS Auction Solutions, and LPS Field Services. He is responsible for driving each division’s strategy to provide the highest value of services to meet the specific goals and objectives of their clients.
Before joining LPS Asset Management Solutions in 2003, Chad was president and CEO of IMX, Inc., a leading provider of software solutions for the mortgage industry. Previously, he held senior management positions at The Money Store, First Nationwide Mortgage Corporation and FGB Realty Advisors, Inc.
A frequent guest speaker and contributor to industry publications, he holds a BS degree in Finance from Oklahoma State University, and works out of the company’s main office in Westminster, Colorado.
Randall Brown
Randall Brown is Managing Director of LPS Asset Management Solutions, which provides services for the disposition of real estate owned (REO) properties. He oversees the division’s overall operational, including the marketing, closing, title and reporting departments. He is also responsible for monitoring key performance indicators, market conditions and adherence to government regulations.
Randall joined LPS Asset Management Solutions in December 2003 as Vice President of Reporting and Quality Control, and was promoted to CFO in August 2004. He took over operational responsibilities for LPS Asset Management Solutions in April 2007.
Prior to joining LPS Asset Management Solutions, Randall was the CFO at IMX, Inc., a leading provider of software solutions for the mortgage industry. He also previously held a position of Vice President at HomEq Servicing Corp where he spent two years managing the REO Department and three years overseeing the Reporting Department.
Randall, a Certified Public Accountant with a BBA in Accounting from the University of Oklahoma, works out of LPSAMS’ main office in Westminster, Colorado.
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