Large Michigan MLS Chooses LPS Real Estate Group

RISMEDIA, May 12, 2010—Lender Processing Services, Inc. (NYSE: LPS), a leading provider of integrated technology and services to the mortgage and real estate industries, announced that MiRealSource Multiple Listing Service, one of Michigan’s largest Multiple Listing Services, has implemented the MLS system offered by the LPS Real Estate Group. The new system includes LPS’ mobile application for iPhone/PDA access and data-sharing services for much of southeast Michigan.

MiRealSource MLS selected LPS Real Estate Group for the extensive features its products offer, including the robust, all-new Paragon 5 MLS system, and data-sharing ability with multiple partners via reInsight® Data and reInsight® Mobile. These features allow the MLS’ 3,800 members to access the Paragon 5 system from any iPhone or PDA, anytime and anyplace, so they can quickly get the information they need and continue working.

“The most important quality that made us select LPS was their willingness to be imaginative, flexible and think outside of the box in making our newly implemented LPS products work with all of our data-sharing partners in the Great Lakes Repository,” said David DeRees, CEO of MiRealSource. “Our members enthusiastically embrace the ability to use their new LPS products to cost-effectively utilize the data from eight Multiple Listing Services for one fee. LPS’ creative, responsive professionals have been instrumental in helping us make this new technology a reality for our members.”

“The trend we are seeing among Multiple Listing Services across the United States is the need to provide MLS members with instant and reliable access to their systems, as well as to facilitate the sharing of all MLS data with a congruous geography,” said Rich Lull, senior vice president of MLS Systems, LPS Real Estate Group. “We are pleased to provide the flexible architecture of reInsight® and Paragon’s stability to help achieve enhanced data and accessibility for MiRealSource’s MLS members.”

For more information on LPS MLS products, contact Bob Morse at 888.265.9179 or e-mail bob.morse@lpsvcs.com.