Exhibit 99.1

		Press Release

Investors:		Media:
Parag Bhansali		Michelle Kersch
(904) 854-8640		(904) 854-5043

Lender Processing Services, Inc. Reports Strong First Quarter 2011 Earnings
Year-over-year adjusted EPS increases 1.3% to 81 cents per diluted share

     JACKSONVILLE, Fla. — April 28, 2011 — Lender Processing Services, Inc. (NYSE:LPS), a leading provider of integrated technology and services to the mortgage and real estate industries, today reported consolidated revenues of $556.2 million for the first quarter of 2011, a decrease of 6.1% compared to the first quarter of 2010, while net earnings of $55.9 million or 63 cents per diluted share in the first quarter of 2011 compared to $72.5 million or 75 cents per diluted share in the prior year quarter.

     Adjusted net earnings for the first quarter of 2011 were $71.1 million, or 81 cents per diluted share, compared to $76.7 million, or 80 cents per diluted share in the first quarter of 2010. Adjusted net earnings in the current quarter include an adjustment for purchase price amortization of 4 cents per diluted share and exclude a non-recurring charge of 14 cents per diluted share relating to cost reduction initiatives, while the prior year quarter included an adjustment for purchase price amortization of 5 cents per diluted share.

     “LPS is off to a strong start in 2011 despite very difficult conditions in the origination and default markets and an ongoing challenging broader business environment. LPS, with its strong market presence and its unique portfolio of end-to-end solutions, remains well positioned

to continue to grow profitably in the years ahead,” said Lee A. Kennedy, Executive Chairman of LPS.

     “Our Mortgage Processing business had a strong quarter and our Other TD&A segment posted robust growth from continued market share gains. Our Loan Facilitation business delivered good results in a difficult market while our Default Services business continued to be impacted by broader industry slowdowns. We remained disciplined and focused in deploying our capital by repurchasing 2.5 million shares during the quarter,” added Jeff Carbiener, President and CEO of LPS.

     Operating income of $104.0 million in the first quarter of 2011 compared to $135.7 million in the prior year period. Adjusting for the charge noted earlier, operating income was $123.3 million in the first quarter of 2011.

     Net cash provided by operating activities for the first quarter of 2011 was $120.4 million compared to $109.0 million in the same period last year. Adjusted free cash flow (net cash provided by operating activities minus certain non-recurring expenses and additions to property, equipment and computer software) for the first quarter of 2011 was $101.3 million compared to $81.0 million for the first quarter of 2010 and was higher primarily due to contributions from changes in working capital.

Technology, Data and Analytics (TD&A)

     Revenues for the segment were $199.2 million compared to $179.5 million in the first quarter of 2010, while operating income of $58.0 million (excluding the charge noted earlier) compared to $53.9 million in the same period last year. Mortgage Processing revenues of $102.3 million compared to $97.6 million in the prior year period. Other TD&A revenues of $96.9 million were 18.4% above the first quarter of 2010 primarily due to strong growth in our Other Software and Services offerings, as well as higher Desktop revenues. Overall operating income for TD&A was higher compared to the first quarter of 2010 primarily due to higher contributions from Mortgage Processing and our Desktop businesses.

Loan Transaction Services (LTS)

     Revenues for the segment were $358.4 million compared to $415.3 million in the first quarter of 2010, and operating income of $88.5 million (excluding the charge noted earlier) compared to $98.8 million in the same period last year. Loan Facilitation Services revenues of $137.3 million declined 6.4% compared to the first quarter of 2010. This result compared very favorably to the Mortgage Bankers Association’s (MBA) estimate of overall first quarter 2011 originations being 12% lower than the prior year quarter. This positive variance was primarily due to continued market share gains in our settlement services offerings. Default Services revenues of $221.1 million declined 17.7% compared to the first quarter of 2010 as a result of continued delays in the initiation of foreclosure proceedings in the industry. Overall operating income for LTS declined mainly due to lower income in Default Services partly offset by higher contributions from Loan Facilitation Services.

Corporate and Other

     Net corporate expenses were $37.2 million in the first quarter of 2011. Excluding the charge noted earlier, net corporate expenses of $23.1 million compared to $17.0 million in the prior year quarter and were up primarily due to higher legal and compliance related expenses.

     The company noted that it had repurchased 2.5 million shares for $83.9 million in the first quarter. Following these purchases, $87.6 million remains available under the current authorization.

Outlook

     “We are off to a solid start in 2011, and while market conditions in some of our businesses and the broader economy remain challenging, LPS with its strong market presence remains in a good position to grow earnings in 2011,” said Jeff Carbiener. “Building on the first quarter results, we expect second quarter 2011 adjusted earnings to be in the range of 79-82 cents per diluted share. For full year 2011, given current market conditions, we now expect revenues

to decline in the mid-single digit range compared to 2010, however, we expect adjusted earnings to increase 2-4% to $3.57 - $3.64 per diluted share.”

Use of Non-GAAP Financial Information

     Generally Accepted Accounting Principles (GAAP) is the term used to refer to the standard framework of guidelines for financial accounting. GAAP includes the standards, conventions, and rules accountants follow in recording and summarizing transactions, and in the preparation of financial statements. In addition to reporting financial results in accordance with GAAP, LPS reports several non-GAAP measures, including “EBIT, as adjusted” (GAAP operating income adjusted for the impact of certain non-recurring adjustments, if applicable), “adjusted net earnings” (GAAP net earnings adjusted for the impact of certain non-recurring adjustments, if applicable, plus the after-tax purchase price amortization of intangible assets added through acquisitions), “adjusted net earnings per diluted share” (adjusted net earnings divided by diluted weighted average shares), and “adjusted free cash flow” (net cash provided by operating activities less additions to property, equipment and computer software, as well as non-recurring adjustments, if applicable). LPS provides these measures because it believes that they are helpful to investors in comparing year-over-year performance in light of certain non-recurring charges, and to better understand our financial performance, competitive position and future prospects. Non-GAAP measures should be considered in conjunction with the GAAP financial presentation and should not be considered in isolation or as a substitute for GAAP net earnings. A reconciliation of these non-GAAP measures to related GAAP measures is included in the attachments to this release.

Conference Call and Webcast

     LPS will host a conference call to discuss these results on Friday, April 29, 2011, at 8:00 a.m. ET. Interested parties are invited to listen to the live webcast by logging on to the Investor Relations section at www.lpsvcs.com. Supplemental materials will be available on the website. Those wishing to participate via the conference call may do so by calling 866-823-5035. A replay of the webcast will be available on the website shortly after the call

where it will be archived for one month. A replay of the conference call will be available through May 6, 2011 by dialing 888-203-1112 (access code: 2599577).

     To access a printer friendly version of this release and accompanying exhibits, go to http://www.lpsvcs.com/investor.

About Lender Processing Services

     Lender Processing Services, Inc. (LPS) is a leading provider of integrated technology, services and loan performance data and analytics to the mortgage, consumer lending, capital markets and real estate industries. LPS offers solutions that span the mortgage continuum, including lead generation, origination, servicing, workflow automation, portfolio retention and default, augmented by the company’s award-winning customer support and professional services. Almost half of all U.S. mortgages are serviced using LPS’ Mortgage Servicing Package (MSP). For more information about LPS, visit www.lpsvcs.com.

Forward-Looking Statements

     This press release contains forward-looking statements that involve a number of risks and uncertainties. Those forward-looking statements include all statements that are not historical facts, including statements about our beliefs and expectations. Forward-looking statements are based on management’s beliefs, as well as assumptions made by and information currently available to management. Because such statements are based on expectations as to future economic performance and are not statements of historical fact, actual results may differ materially from those projected. We undertake no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise. The risks and uncertainties to which forward-looking statements are subject include, but are not limited to: our ability to adapt our services to changes in technology or the marketplace; the impact of adverse changes in the level of real estate activity (including among others, loan originations and foreclosures) on demand for certain of our services; our ability to maintain and grow our relationships with our customers; the effects of our substantial leverage on our ability to make

acquisitions and invest in our business; the level of scrutiny being placed on participants in the foreclosure process; risks associated with federal and state inquiries and examinations currently underway or that may be commenced in the future with respect to our default management operations, and with civil litigation related to these matters; changes to the laws, rules and regulations that regulate our businesses as a result of the current economic and financial environment; changes in general economic, business and political conditions, including changes in the financial markets; the impact of any potential defects, development delays, installation difficulties or system failures on our business and reputation; risks associated with protecting information security and privacy; and other risks and uncertainties detailed in the “Statement Regarding Forward-Looking Information,” “Risk Factors” and other sections of the Company’s Form 10-K, the Company’s subsequent reports on Form 10-Q and other filings with the Securities and Exchange Commission.

###

Exhibit A

LENDER PROCESSING SERVICES, INC. AND SUBSIDIARIES
Consolidated Statements of Earnings
(Unaudited)

		Three months ended March 31,
		2011				2010
		(In thousands, except per share data)
Processing and services revenues		$	556,198			$	592,394
Cost of revenues			370,610				396,022
Gross profit			185,588				196,372
Selling, general and administrative expenses			81,627				60,720
Operating income			103,961				135,652
Other income (expense):
Interest income			330				623
Interest expense			(14,096	)			(18,845	)
Other expense, net			14				4
Total other income (expense)			(13,752	)			(18,218	)
Earnings before income taxes			90,209				117,434
Provision for income taxes			34,280				44,918
Net earnings		$	55,929			$	72,516
Net earnings per share — diluted		$	0.63			$	0.75
Weighted average shares outstanding — diluted			88,134				96,416

Exhibit B

LENDER PROCESSING SERVICES, INC. AND SUBSIDIARIES
Consolidated Balance Sheets
(Unaudited)

		March 31,				December 31,
		2011				2010
		(In thousands)
Assets
Current assets:
Cash and cash equivalents		$	4,844			$	52,287
Trade receivables, net of allowance for doubtful accounts			386,190				419,647
Other receivables			3,823				4,910
Prepaid expenses and other current assets			39,006				38,328
Deferred income taxes			44,516				44,102
Total current assets			478,379				559,274
Property and equipment, net of accumulated depreciation			122,759				123,897
Computer software, net of accumulated amortization			226,584				217,573
Other intangible assets, net of accumulated amortization			55,561				58,269
Goodwill			1,168,361				1,159,539
Other non-current assets			138,670				133,291
Total assets		$	2,190,314			$	2,251,843
Liabilities and Stockholders’ Equity
Current liabilities:
Current portion of long-term debt		$	145,155			$	145,154
Trade accounts payable			37,069				51,610
Accrued salaries and benefits			37,275				55,230
Recording and transfer tax liabilities			13,645				10,879
Other accrued liabilities			166,176				145,203
Deferred revenues			58,063				57,651
Total current liabilities			457,383				465,727
Deferred revenues			35,654				36,893
Deferred income taxes, net			107,442				96,732
Long-term debt, net of current portion			1,067,958				1,104,247
Other non-current liabilities			21,439				22,030
Total liabilities			1,689,876				1,725,629
Stockholders’ equity:
Preferred stock $0.0001 par value; 50 million shares authorized, none issued at March 31, 2011 or December 31, 2010, respectively			—				—
Common stock $0.0001 par value; 500 million shares authorized, 97.4 million shares issued at March 31, 2011 and December 31, 2010, respectively			10				10
Additional paid-in capital			227,400				216,896
Retained earnings			643,313				596,168
Accumulated other comprehensive loss			(301	)			(283	)
Treasury stock $0.0001 par value; 11.1 million and 8.6 million shares at March 31, 2011 and December 31, 2010, respectively			(369,984	)			(286,577	)
Total stockholders’ equity			500,438				526,214
Total liabilities and stockholders’ equity		$	2,190,314			$	2,251,843

Exhibit C

LENDER PROCESSING SERVICES, INC. AND SUBSIDIARIES
Consolidated Statements of Cash Flows
(Unaudited)

		Three Months ended March 31,
		2011				2010
		(In thousands)
Cash flows from operating activities:
Net earnings		$	55,929			$	72,516
Adjustments to reconcile net earnings to net cash provided by operating activities:
Depreciation and amortization			24,868				23,654
Amortization of debt issuance costs			1,167				1,148
Deferred income taxes, net			8,428				5,917
Stock-based compensation cost			10,628				6,557
Income tax benefit from exercise of stock options			(112	)			766
Changes in assets and liabilities, net of effects of acquisitions:
Trade receivables			33,734				5,752
Other receivables			1,087				403
Prepaid expenses and other assets			(3,031	)			(4,109	)
Deferred revenues			(1,900	)			(4,941	)
Accounts payable, accrued liabilities and other liabilities			(10,358	)			1,377
Net cash provided by operating activities			120,440				109,040
Cash flows from investing activities:
Additions to property and equipment			(7,060	)			(12,265	)
Additions to capitalized software			(16,261	)			(15,779	)
Purchases of investments, net of proceeds from sales			(3,732	)			—
Acquisition of title plants and property records data			(2,425	)			—
Acquisitions, net of cash acquired			(9,802	)			—
Net cash used in investing activities			(39,280	)			(28,044	)
Cash flows from financing activities:
Debt service payments			(36,288	)			(1,275	)
Exercise of stock options and restricted stock vesting			239				12,448
Tax benefit associated with equity compensation			112				(766	)
Dividends paid			(8,784	)			(9,566	)
Treasury stock repurchases			(83,882	)			(26,427	)
Payment of contingent consideration related to acquisitions			—				(2,978	)
Net cash used in financing activities			(128,603	)			(28,564	)
Net (decrease) increase in cash and cash equivalents			(47,443	)			52,432
Cash and cash equivalents, beginning of period			52,287				70,528
Cash and cash equivalents, end of period		$	4,844			$	122,960
Supplemental disclosures of cash flow information:
Cash paid for interest		$	20,897			$	25,839
Cash paid for taxes		$	4,713			$	7,641

Exhibit D

LENDER PROCESSING SERVICES, INC. AND SUBSIDIARIES
SUPPLEMENTAL FINANCIAL INFORMATION — UNAUDITED
(In thousands)

		Three months ended March 31,								Quarter ended																				Year ended
		2011				2010				3/31/2011				12/31/2010				9/30/2010				6/30/2010				3/31/2010				12/31/2010
1. Revenues
Technology, Data and Analytics (TD&A):
Mortgage Processing		$	102,334			$	97,634			$	102,334			$	100,341			$	102,362			$	102,356			$	97,634			$	402,693
Other TD&A			96,910				81,828				96,910				100,713				94,555				82,852				81,828				359,948
Total			199,244				179,462				199,244				201,054				196,917				185,208				179,462				762,641
Loan Transaction Services:
Loan Facilitation Services			137,303				146,614				137,303				188,332				165,490				140,471				146,614				640,907
Default Services			221,121				268,671				221,121				251,327				265,572				275,046				268,671				1,060,616
Total			358,424				415,285				358,424				439,659				431,062				415,517				415,285				1,701,523
Corporate and Other			(1,470	)			(2,353	)			(1,470	)			(1,893	)			(1,939	)			(1,644	)			(2,353	)			(7,829	)
Total Revenue		$	556,198			$	592,394			$	556,198			$	638,820			$	626,040			$	599,081			$	592,394			$	2,456,335
Revenue Growth from Prior Year Period
Technology, Data and Analytics:
Mortgage Processing			4.8	%			7.1	%			4.8	%			-3.7	%			-0.6	%			14.3	%			7.1	%			3.8	%
Other TD&A			18.4	%			19.1	%			18.4	%			18.1	%			13.5	%			0.6	%			19.1	%			12.6	%
Total			11.0	%			12.2	%			11.0	%			6.1	%			5.7	%			7.7	%			12.2	%			7.8	%
Loan Transaction Services:
Loan Facilitation Services			-6.4	%			23.0	%			-6.4	%			31.8	%			21.1	%			-5.4	%			23.0	%			17.1	%
Default Services			-17.7	%			5.2	%			-17.7	%			-9.8	%			-12.6	%			-8.2	%			5.2	%			-6.7	%
Total			-13.7	%			10.9	%			-13.7	%			4.3	%			-2.1	%			-7.3	%			10.9	%			1.0	%
Corporate and Other			n/m				n/m				n/m				n/m				n/m				n/m				n/m				n/m
Total Revenue			-6.1	%			11.8	%			-6.1	%			5.0	%			1.1	%			-2.3	%			11.8	%			3.6	%
2. Depreciation and Amortization
Depreciation and Amortization		$	18,135			$	14,993			$	18,135			$	18,788			$	17,142			$	15,780			$	14,993			$	66,703
Purchase Price Amortization			5,045				6,718				5,045				6,469				5,710				5,884				6,718				24,781
Other Amortization			1,688				1,943				1,688				1,690				1,668				1,976				1,943				7,277
Total Depreciation and Amortization		$	24,868			$	23,654			$	24,868			$	26,947			$	24,520			$	23,640			$	23,654			$	98,761
3. Stock Compensation Expense
Stock Compensation Expense, Excluding Acceleration Charges		$	6,759			$	6,557			$	6,759			$	8,228			$	8,215			$	7,280			$	6,557			$	30,280
Stock Acceleration Expense			3,869				—				3,869				1,797				—				—				—				1,797
Total Stock Compensation Expense		$	10,628			$	6,557			$	10,628			$	10,025			$	8,215			$	7,280			$	6,557			$	32,077

Exhibit E

LENDER PROCESSING SERVICES, INC. AND SUBSIDIARIES
NON-GAAP FINANCIAL INFORMATION — UNAUDITED
(In thousands, except per share data)

		Three months ended March 31,								Quarter ended																				Year ended
		2011				2010				3/31/2011				12/31/2010				9/30/2010				6/30/2010				3/31/2010				12/31/2010
1. EBIT
Consolidated
Revenue		$	556,198			$	592,394			$	556,198			$	638,820			$	626,040			$	599,081			$	592,394			$	2,456,335
Cost of Sales			370,610				396,022				370,610				437,963				417,243				390,847				396,022				1,642,075
Selling, General and Administrative Expenses			81,627				60,720				81,627				72,299				64,516				59,815				60,720				257,350
Operating Income			103,961				135,652				103,961				128,558				144,281				148,419				135,652				556,910
Less Non-recurring Charges:
Cash Related Restructuring Costs			15,503				—				15,503				2,472				—				—				—				2,472
Stock Related Restructuring Costs			3,869				—				3,869				1,797				—				—				—				1,797
Out of period adjustment			—				—				—				9,800				—				—				—				9,800
EBIT, as adjusted		$	123,333			$	135,652			$	123,333			$	142,627			$	144,281			$	148,419			$	135,652			$	570,979
EBIT Margin, as adjusted			22.2	%			22.9	%			22.2	%			22.3	%			23.0	%			24.8	%			22.9	%			23.2	%
Depreciation and Amortization		$	24,868			$	23,654			$	24,868			$	26,947			$	24,520			$	23,640			$	23,654			$	98,761
Technology, Data and Analytics
Revenue		$	199,244			$	179,462			$	199,244			$	201,054			$	196,917			$	185,208			$	179,462			$	762,641
Cost of Sales			121,660				105,795				121,660				120,605				108,421				100,317				105,795				435,138
Selling, General and Administrative Expenses			21,899				19,811				21,899				20,050				21,108				20,066				19,811				81,035
Operating Income			55,685				53,856				55,685				60,399				67,388				64,825				53,856				246,468
Less Non-recurring Charges:
Cash Related Restructuring Costs (2)			2,284				—				2,284				—				—				—				—				—
Stock Related Restructuring Costs			—				—				—				—				—				—				—				—
Out of period adjustment, net of tax			—				—				—				—				—				—				—				—
EBIT, as adjusted		$	57,969			$	53,856			$	57,969			$	60,399			$	67,388			$	64,825			$	53,856			$	246,468
EBIT Margin, as adjusted			29.1	%			30.0	%			29.1	%			30.0	%			34.2	%			35.0	%			30.0	%			32.3	%
Depreciation and Amortization		$	18,350			$	16,538			$	18,350			$	18,905			$	16,532			$	16,047			$	16,538			$	68,022
Loan Transaction Services
Revenue		$	358,424			$	415,285			$	358,424			$	439,659			$	431,062			$	415,517			$	415,285			$	1,701,523
Cost of Sales			250,365				292,609				250,365				317,285				310,780				292,107				292,609				1,212,781
Selling, General and Administrative Expenses			22,541				23,857				22,541				26,440				23,561				21,798				23,857				95,656
Operating Income			85,518				98,819				85,518				95,934				96,721				101,612				98,819				393,086
Less Non-recurring Charges:
Cash Related Restructuring Costs (2)			2,953				—				2,953				—				—				—				—				—
Stock Related Restructuring Costs			—				—				—				—				—				—				—				—
Out of period adjustment (3)			—				—				—				9,800				—				—				—				9,800
EBIT, as adjusted		$	88,471			$	98,819			$	88,471			$	105,734			$	96,721			$	101,612			$	98,819			$	402,886
EBIT Margin, as adjusted			24.7	%			23.8	%			24.7	%			24.0	%			22.4	%			24.5	%			23.8	%			23.7	%
Depreciation and Amortization		$	4,703			$	5,186			$	4,703			$	6,226			$	6,152			$	5,749			$	5,186			$	23,313
Corporate and Other
Revenue		$	(1,470	)		$	(2,353	)		$	(1,470	)		$	(1,893	)		$	(1,939	)		$	(1,644	)		$	(2,353	)		$	(7,829	)
Cost of Sales			(1,415	)			(2,382	)			(1,415	)			73				(1,958	)			(1,577	)			(2,382	)			(5,844	)
Selling, General and Administrative Expenses			37,187				17,052				37,187				25,809				19,847				17,951				17,052				80,659
Operating Income			(37,242	)			(17,023	)			(37,242	)			(27,775	)			(19,828	)			(18,018	)			(17,023	)			(82,644	)
Less Non-recurring Charges:
Cash Related Restructuring Costs (2)(3)			10,266				—				10,266				2,472				—				—				—				2,472
Stock Related Restructuring Costs (2)(3)			3,869				—				3,869				1,797				—				—				—				1,797
Out of period adjustment, net of tax			—				—				—				—				—				—				—				—
EBIT, as adjusted		$	(23,107	)		$	(17,023	)		$	(23,107	)		$	(23,506	)		$	(19,828	)		$	(18,018	)		$	(17,023	)		$	(78,375	)
Depreciation and Amortization		$	1,815			$	1,930			$	1,815			$	1,816			$	1,836			$	1,844			$	1,930			$	7,426
2. Net Earnings — Reconciliation
Net Earnings		$	55,929			$	72,516			$	55,929			$	70,724			$	78,691			$	80,413			$	72,516			$	302,344
Less Non-recurring Charges:
Cash Related Restructuring Costs, net of tax			9,612				—				9,612				1,533				—				—				—				1,533
Stock Related Restructuring Costs, net of tax			2,399				—				2,399				1,114				—				—				—				1,114
Out of period adjustment, net of tax			—				—				—				6,076				—				—				—				6,076
Net Earnings, as adjusted			67,940				72,516				67,940				79,447				78,691				80,413				72,516				311,067
Purchase Price Amortization, net of tax (1)			3,128				4,148				3,128				4,059				3,526				3,633				4,148				15,366
Adjusted Net Earnings		$	71,068			$	76,664			$	71,068			$	83,506			$	82,217			$	84,046			$	76,664			$	326,433
Adjusted Net Earnings Per Diluted Share (2)		$	0.81			$	0.80			$	0.81			$	0.92			$	0.89			$	0.89			$	0.80			$	3.50
Diluted Weighted Average Shares			88,134				96,416				88,134				90,296				92,682				94,910				96,416				93,559
3. Cashflow — Reconciliation
Cash Flows from Operating Activities:
Net Earnings		$	55,929			$	72,516			$	55,929			$	70,724			$	78,691			$	80,413			$	72,516			$	302,344
Less Non-recurring Charges:
Cash Related Restructuring Costs, net of tax			4,152				—				4,152				1,533				—				—				—				1,533
Net Earnings, as adjusted			60,081				72,516				60,081				72,257				78,691				80,413				72,516				303,877
Adjustments to reconcile net earnings to net cash provided by operating activities:
Non-cash adjustments			44,979				38,042				44,979				51,625				41,548				34,591				38,042				165,806
Working capital adjustments			19,532				(1,518	)			19,532				34,628				(35,191	)			(17,375	)			(1,518	)			(19,456	)
Net cash provided by operating activities			124,592				109,040				124,592				158,510				85,048				97,629				109,040				450,227
Capital expenditures included in investing activities			(23,321	)			(28,044	)			(23,321	)			(24,150	)			(26,940	)			(29,122	)			(28,044	)			(108,256	)
Adjusted Net Free Cash Flow		$	101,271			$	80,996			$	101,271			$	134,360			$	58,108			$	68,507			$	80,996			$	341,971

Notes: