This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

LPS' Randy Gillis To Lead MISMO's New Strategic Planning Committee

JACKSONVILLE, Fla., Nov. 2, 2012 /PRNewswire/ -- Lender Processing Services, Inc. (NYSE: LPS), a leading provider of integrated technology, services data and analytics solutions to the mortgage and real estate industries, announced that Randy Gillis has been appointed the chair of the Strategic Planning Committee for the Mortgage Industry Standards Maintenance Organization (MISMO ®).

(Logo: http://photos.prnewswire.com/prnh/20120802/FL50731LOGO )

MISMO, a wholly owned subsidiary of the Mortgage Bankers Association, is the leading standards development body for the residential and commercial real estate finance industries. Gillis, the senior vice president of Enterprise Information Management for LPS' Servicing Solutions and Technology division, will lead the newly formed Strategic Planning Committee in monitoring mortgage industry trends and anticipating future needs to help MISMO stay on the leading edge of data-reporting standards. The group will also identify ways to continue to be innovative and assess the need for additional industry standards.

"Randy's strong commitment to increased transparency, greater data consistency and reduced processing costs in the mortgage industry make him an outstanding choice to lead strategic planning for MISMO," announced LPS Chief Operating Officer Dan Scheuble. "LPS fully supports MISMO's efforts to foster a more secure, efficient and economical mortgage process."

MISMO is an organization that works to develop, promote and maintain voluntary standards for the real estate finance industry. MISMO is working toward greater data consistency among mortgage transaction participants to help reduce processing costs, increase transparency and boost investor confidence in mortgage and real estate asset classes, which could result in a cost savings to borrowers.

"We greatly appreciate LPS' contribution of Randy's time and talent  to support MISMO's focus on meeting the industry's growing and evolving needs," said Mike Fratantoni, president of MISMO. "We are confident that Randy's leadership will help us to gain fresh insight into ways we can improve standards and data for all points in the mortgage life cycle."

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG

Markets

DOW 17,730.11 -27.80 -0.16%
S&P 500 2,076.78 -0.64 -0.03%
NASDAQ 5,009.2140 -3.9090 -0.08%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs