Lender Processing Services Reviews | Glassdoor

Lender Processing Services Reviews

Updated November 16, 2016
214 reviews

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214 Employee Reviews

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Pros
  • Since I don't work in the office (I work from home), I really can't speak to the ratings categories (in 11 reviews)

  • I enjoyed the team, they were good people (in 9 reviews)

Cons
  • micro-management, big brother was always watching, ever changing policies/procedures, lay offs (in 5 reviews)

  • I fell ill during my time there and was abruptly let go (in 4 reviews)

More Pros and Cons

  1. "Sr. Application Developer"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Applications Developer in Jacksonville, FL
    Former Employee - Senior Applications Developer in Jacksonville, FL
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Good pay, good benefits, good training for employs new to the system, good working conditions, most employs are good hard working people and there is a good all around working atmosphere

    Cons

    Some water cooler politics that creates tension between some employs.


  2. "Loan Level Specialist"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Loan Level Specialist in Mendota Heights, MN
    Former Employee - Loan Level Specialist in Mendota Heights, MN
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I worked at Lender Processing Services full-time (More than a year)

    Pros

    Most of the managers in my department were very nice and down to earth. I think they were inclined to promote from within which is good. They held some fun team events during the year.

    Cons

    No employee development or training. There were massive layoffs happening while I was there. Honestly I was hoping they would lay me off because I was so unhappy there. Since they were a third party company I felt like I was working for the red-headed step child of the mortgage industry. I ended up getting carpal tunnel syndrome because of the nature of my job (copy paste, copy paste).

    Advice to Management

    Invest in your employees. I think the company has since gone under or was bought out by another mortgage processing company so I think any advice I'd have would fall on deaf ears.


  3. "Decent Company"

    Star Star Star Star Star
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Lender Processing Services full-time

    Pros

    Able to increase your value by cross-training in many departments.
    Friendly staff.
    Longevity.

    Cons

    Limited room for promotions.
    Small incremental raises.
    Increased work loads. Compensation not adjusted.


  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5. "great"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Jacksonville, FL
    Former Employee - Anonymous Employee in Jacksonville, FL
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    work house. lots of exposure to many opportunities

    Cons

    work house. too many options to choose from to further progress in your career.

    Advice to Management

    create a more personal relationship with your employees. not just for major holidays


  6. "Depends on Department..."

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I worked at Lender Processing Services (More than 5 years)

    Pros

    The people you are surrounded with make it worthwhile, some of the work can be fulfilling.

    Cons

    LPS now known as Black Knight Financial Services tends to make the news, stay away from Documents or you may be pulled into investigations.

    Advice to Management

    Some of the "people on the low end of the totem pole" know what they are talking about, give them a chance. There was always a box for suggestions but none were ever really taken too seriously.


  7. "Anonymous Employee"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    Pros

    Good learning experience with a lot of industry experience to draw from. Solid company goals. Lots of career options. Various locations allow multiple options to work from. Good internal employee team culture.

    Cons

    Lots of work hours. Multiple simultaneous high priority projects make it difficult to focus at times. Project success and group stability is often challenged by frequent changes in direction.


  8. "So far so good."

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Technical Project Manager in Lakeville, MN
    Current Employee - Technical Project Manager in Lakeville, MN

    I have been working at Lender Processing Services full-time (More than a year)

    Pros

    The people are everything. Very talented and hard working, dedicated employees.

    Cons

    Currently going through lots of change.


  9. "LPS pays the bills if thats what you need..."

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Operations Specialist
    Former Employee - Operations Specialist
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at Lender Processing Services (Less than a year)

    Pros

    In exchange for the generosity afforded you regarding overtime and time off be prepared to sacrifice a great deal; overtime was meted out at the wim of management and no one seemed to be respected; not mid-level managers or their minions.

    Cons

    Unreasonable expectations from management; a double standard.

    Advice to Management

    Don't surround yourself with yes men; it will (and eventually did) lead to a deterioration of morale and services.


  10. "I hated it"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - QAA in Pittsburgh, PA
    Former Employee - QAA in Pittsburgh, PA
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at Lender Processing Services (More than 3 years)

    Pros

    People working there were some of the best, other than management

    Cons

    Management doesn't listen. They only like you if you kiss their behinds. I worked there for 4 years before quitting after getting my MBA. I used them as a case study of what not to do in management. Its not shocking that the company was not only investigated but also had to lay off enough people to be able to rent out an entire floor.

    Advice to Management

    Listen to your employees and stop having them do illegal actions, such as telling agents what a house should be valued at.


  11. "Management is terrible"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    Pros

    Some good people to work with. WAH option available.

    Cons

    Terrible, unprofessional, unethical, mostly uneducated management



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