Company Details
LPS’ unmatched resources and expertise in the default management and residential real estate markets uniquely position us to help servicers streamline the short sale process, minimize cost and work with defaulted homeowners more effectively. LPS’ comprehensive short sale solution helps lenders meet government and investor requirements and decrease losses by moving distressed assets before they enter foreclosure.
LPS Asset Management Solutions’ established network of seasoned asset managers can manage, market and sell distressed and bank-owned properties for servicers. LPS Asset Management Solutions’ immediate access to internal resources, including title and closing services, analytics, valuations, MLS data and market trending information, gives servicers a powerful, one-stop, comprehensive short sale solution.
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.
Greg Austin
Greg Austin is Senior Vice President of Sales for LPS Auction Solutions, and is responsible for leading all sales initiatives and alliances within the auction business channel.
Greg has a long, successful track record of setting sales strategies and leading sales organizations. Before joining LPS, Greg led the national sales organization of Mortgage Outreach Services (MOS Group) with a focus on loss mitigation services. Prior to MOS Group, Greg also held similar sales management roles with Credit Suisse and Aurora Loan Services, a Lehman Brothers company. His experience also includes business-to-business (B2B) e-commerce as an original member of IMX Exchange, a whole loan trading platform between sellers, mortgage brokers and whole loan buyers.
Greg and his family reside outside San Francisco, in the city of San Ramon.
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