LPS Announces Acquisition of LendingSpace

Lender Processing Services, Inc. LPS data and analytics to the mortgage and real estate industries, today announced its acquisition of LendingSpace, a provider of mortgage loan origination software solutions. The LendingSpace technology platform will augment LPS' other origination technology solutions, which include Empower®, a platform used by mortgage lenders with complex system configuration and customization needs; and PCLender®, which is used by mortgage lenders, credit unions and community banks that leverage more standardized technologies.