Lender Processing Services Inc. (LPS) announced that Vicki Vidal has joined the company as a senior vice president of product management for LPS' Servicing Solutions and Technology division. In this role, Vidal will work with LPS' product management team to review regulatory requirements and help to identify enhancements LPS can make to its servicing systems to support the needs of its clients as they respond to significant and frequent regulatory changes.
"Vicki will add strength and depth to our leadership team," said Joe Nackashi, CIO and executive vice president of the LPS Servicing Solutions and Technology division. "She is a well-respected industry leader, and her addition to LPS reinforces the continued investments we are making to ensure our technologies meet the evolving regulatory needs of our clients."
"Vicki's extensive servicing and public policy experience will enhance our product management team's ability to make the strategic investments necessary to ensure LPS solutions meet the changing industry landscape," said George FitzGerald, senior vice president of product management for the LPS Servicing Solutions and Technology division.
Vidal came to LPS from the Mortgage Bankers Association (MBA), where she was the associate vice president of loan administration in the Public Policy and Industry Relations department. She was responsible for residential servicing policy, covering a variety of servicing areas including default, loss mitigation and foreclosure, mortgage insurance, escrow administration and compliance with federal laws affecting servicers.
"LPS is known throughout the mortgage industry for its leadership and innovation in addressing compliance requirements for lenders, servicers and other stakeholders," said Vidal. "I'm looking forward to helping LPS support the mortgage industry's high standard of compliance excellence."