Lender Processing Services
LPS
pitch
long
Ivan Andreev, Eric DeLa marter, and Richard Tosi
Thesis
The team recommended the purchase of Lender Processing Services, believing the stock is 'unloved, neglected, and misunderstood' by analysts due to its exposure to the mortgage industry. They see significant value in the company as it is the largest mortgage processor in the U.S., handling over one-third of all originations, processing, and default services.
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