Lydian Data Services, a provider of end-to-end outsourcing services for mortgage lending operations, announced today the establishment of Lydian Data Government Services, a new subsidiary to provide expert mortgage processing, closing, postclosing, and quality control services for Federal Housing Administration (FHA) and Veterens Administration (VA) loans. The new subsidiary will also offer consulting services to help originators become approved by FHA, and training services to help lenders familiarize their Realtors, loan officers, and brokers with government lending programs.

According to Brian Fitzpatrick, EVP of Lydian Data Services, the company has designed this new subsidiary to be technology-enabled, leveraging Lydian's people, platform, partnerships, and process expertise.

“Lydian Data Government Services is seamlessly integrated with all of Lydian's technology and services, including our other loan processing centers. So in addition, to making the process smooth, cost-effective and easily implemented, we can accommodate any type of loan, government or conventional. Lenders and brokers who desire to be a part of the resurgence of government lending do not have to be left out for lack of facilities, trained people or processing expertise,” he said.

Lydian Data Government Services is based in the greater Philadelphia area, selected for its proximity to one of the country's largest FHA Home Ownership Centers and the depth of its government lending labor pool. Carrie Bay