LPS' "First Look" Mortgage Report: March Month-End Data Shows Continued Decline in Delinquency Rate, Slight Drop in Foreclosure

   LPS' "First Look" Mortgage Report: March Month-End Data Shows Continued
      Decline in Delinquency Rate, Slight Drop in Foreclosure Inventory

Non-Current Inventory Under 5 Million Properties for First Time in Five Years

PR Newswire

JACKSONVILLE, Fla., April 23, 2013

JACKSONVILLE, Fla., April 23, 2013 /PRNewswire/ --Lender Processing Services,
Inc. (NYSE: LPS), a leading provider of integrated technology, data and
analytics to the mortgage and real estate industries, reports the following
"first look" at March 2013 month-end mortgage performance statistics derived
from its loan-level database representing approximately 70 percent of the
overall market.

Total U.S. loan delinquency rate (loans 30 or more days     6.59%
past due, but not in foreclosure):
Month-over-month change in delinquency rate:                -3.13%
Year-over-year change in delinquency rate:                  -3.03%
Total U.S. foreclosure pre-sale inventory rate:             3.37%
Month-over-month change in foreclosure presale inventory    -0.41%
rate:
Year-over-year change in foreclosure presale inventory      -19.61%
rate:
Number of properties that are 30 or more days past due, but 3,308,000
not in foreclosure: (A)
Number of properties that are 90 or more days delinquent,   1,466,000
but not in foreclosure:
Number of properties in foreclosure pre-sale inventory: (B) 1,689,000
Number of properties that are 30 or more days delinquent or 4,997,000
in foreclosure: (A+B)
States with highest percentage of non-current* loans:       FL, NJ, MS, NV, NY
States with the lowest percentage of non-current* loans:    MT, AK, WY, SD, ND

*Non-current totals combine foreclosures and delinquencies as a percent of
active loans in that state.

Notes:
(1) Totals are extrapolated based on LPS Applied Analytics' loan-level
database of mortgage assets.
(2)All whole numbers are rounded to the nearest thousand.

The company will provide a more in-depth review of this data in its monthly
Mortgage Monitor report, which includes an analysis of data supplemented by
in-depth charts and graphs that reflect trend and point-in-time observations.
The Mortgage Monitor report will be available on LPS' website,
http://www.lpsvcs.com/LPSCorporateInformation/CommunicationCenter/DataReports/Pages/Mortgage-Monitor.aspx
by May 1, 2013.

For more information about gaining access to LPS' loan-level database, please
send an e-mail to LPSAAsales@lpsvcs.com.

About Lender Processing Services
LPS (NYSE: LPS) delivers comprehensive technology solutions and services, as
well as powerful data and analytics, to the nation's top mortgage lenders,
servicers and investors. As a proven and trusted partner with deep client
relationships, LPS offers the only end-to-end suite of solutions that provides
major U.S. banks and many federal government agencies the technology and data
needed to support mortgage lending and servicing operations, meet unique
regulatory and compliance requirements and mitigate risk.

These integrated solutions support origination, servicing, portfolio retention
and default servicing. LPS' servicing solutions include MSP, the industry's
leading loan-servicing platform, which is used to service approximately 50
percent of all U.S. mortgages by dollar volume. The company also provides
proprietary data and analytics for the mortgage, real estate and capital
markets industries. Lender Processing Services is a Fortune 1000 company
headquartered in Jacksonville, Fla., employing approximately 8,000
professionals. For more information, please visitwww.lpsvcs.com.

SOURCE Lender Processing Services, Inc.

Website: http://www.lpsvcs.com
Contact: Media contact: Michelle Kersch, (904) 854-5043,
Michelle.kersch@lpsvcs.com, or Investor contact: Nancy Murphy, (904) 854-8640,
nancy.murphy@lpsvcs.com
 
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