Value Investing News

Lender Processing Services is the largest mortgage processing outsourcing and technology firm in the United States. This is a good business, with predictable cash flows, high switching costs, and substantial market share. Regulatory, legal, and housing pressures have driven the stock price down for the near-term, but longer-term this looks like a solid value play.

• http://www.magicdiligence.com/articles/lender-processing-services-lps-2011-11 (43)