Lender Processing Services

  www.lpsvcs.com
  www.lpsvcs.com
There are newer employer reviews for Lender Processing Services

 

Sinking ship

Former Employee - Anonymous Employee in Solon, OH
Former Employee - Anonymous Employee in Solon, OH

I worked at Lender Processing Services full-time (more than 3 years)

Pros

Pay is decent the people are okay depending on what department you work in

Cons

Management is top heavy and inexperienced. They promote people within which is typically great but that is not the case for this company. Management does not deal well with change and drags there feet which makes it hard to keep and expand business.

Doesn't Recommend
Negative Outlook
No opinion of CEO

169 Other Employee Reviews for Lender Processing Services (View Most Recent)

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  1. 1 person found this helpful  

    Property Preservation Work for First Time Vacant and Core

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - FTV-Property Preservation Tech in Westminster, CO
    Former Employee - FTV-Property Preservation Tech in Westminster, CO

    I worked at Lender Processing Services full-time (more than an year)

    Pros

    Plenty of work to do, you will rarely get bored. Lots of cool co-workers who are friendly and helpful.

    Cons

    Certain departments are insane about hours, and if you complain they will hire more people than needed so you can't get any overtime anymore. So plan to work 40 hours on the nose or 85 if they determine its needed. There is no in between. Often, but not always, promotions are about office politics rather than the best people for the job. Wells Fargo system authorization will be sold to collection companies. If you owe anyone money, you will be garnished at LPS. Happened to most people who worked there.

    Advice to ManagementAdvice

    You have got to get the hours under control. If you raised the wages about $3 or $4 an hour people would be less stressed and consider it a job worth keeping. LPS needs to stop hiring and retaining people who do work wrong. It just creates more work for the good employees. Health benefits are a nice plus but at the wages they paid when I left you don't have enough to cover the high deductibles.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  2.  

    Much to do about nothing

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Foreclosure Attorney Liaison in Mendota Heights, Dakota, MN
    Current Employee - Foreclosure Attorney Liaison in Mendota Heights, Dakota, MN

    I have been working at Lender Processing Services full-time (more than an year)

    Pros

    Gained relevant mortgage and office experience

    Cons

    Long periods of idle time (weeks to months) waiting for procedural changes.

There are newer employer reviews for Lender Processing Services

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