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Loss Mitigation

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LPS Launches HAMP Application 

Jul 21, 2009By

Lender Processing Services [stock LPS][/stock] launched HAMP functionality for its LPS Desktop, according to a corporate release. LPS Desktop Loss Mitigation is a Web-based tool that can adapt to and manage any loss activity volume. It also enables loan servicers to automate its loan modification process, including loan assignment, queuing and delivery of optimized workout options, document generation and online document execution, according to the release.