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Memphis Area Association of REALTORS Selects LPS’ Paragon for Its New MLS System

Memphis Area Association Serves More Than 3,000 Real Estate Professionals

JACKSONVILLE, FL (October 1, 2013) — Lender Processing Services, Inc. (NYSE: LPS), a leading provider of integrated technology, data and analytics to the mortgage and real estate industries, announced today that the Memphis Area Association of REALTORS (MAAR) has selected LPS’ Paragon as its next-generation MLS system. Serving more than 200 MLSs and more than 190,000 real estate professionals, Paragon MLS is a dynamic system platform that makes it easy for real estate professionals to manage their businesses and collaborate with clients.

After extensive vendor evaluations, MAAR representatives selected LPS’ Paragon MLS system for its progressive features, such as advanced multi-tasking capabilities that allow agents to respond to multiple opportunities at the same time; powerful and easy-to-use comparative market analyses (CMAs); innovative, resourceful tools for client collaboration; experience integrating public record data with the MLS; and the system’s numerous mobile access options. Paragon MLS features intuitive, straightforward navigation and provides real estate agents with access to the information they need to win new business and complete transactions.

“Our evaluation process quickly identified Paragon as an innovative system for our membership,” said Melanie Blakeney, CEO and executive vice president of MAAR, which provides MLS services to more than 3,000 members throughout the Memphis, Tenn., area. “But what really sealed the deal was how impressed we were with LPS’ commitment to its customers, its product roadmap, and the company’s willingness to work with us to deliver the services that are most important to our members.”

“LPS is pleased that our Paragon system will help support MAAR’s strong commitment to delivering valuable innovation and vital customer service to its members,” said LPS MLS Solutions Managing Director Rich Lull. “We look forward to partnering with the MAAR leadership and staff to further expand their customer satisfaction.”

For more information about Paragon MLS or other market-leading MLS systems and public records data from LPS MLS Solutions, please contact Bob Morse at 650-863-4333. LPS MLS Solutions will be exhibiting at the Council of Multiple Listing Services’ Annual Conference in Boise, Idaho, Oct. 2-4, 2013.

About Lender Processing Services (LPS)
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.  For more information, please visit www.lpsvcs.com.


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