Lender Processing Services, also known as LPS, is one of the leading providers of mortgage processing and settlement services throughout the United States. It also offers mortgage performance analytics and default solutions. The company serves more than 1,000 financial institutions worldwide. Founded in 2008, Lender Processing Services provides integrated data, servicing and technology solutions for mortgage lenders. It offers due diligence, servicing platform, and enterprise workflow and risk management services. The company owns and operates the SiteX database, a property and public record data. Lender Processing Services maintains the LPS Applied Analytics library, which provides prepayment and default models for manufactured housing, home equity loans and lines of credit, and fixed, adjustable, prime and subprime mortgages. The company offers credit, flood and tax services.