How to install a package in the standard python environment i.e. /usr/local/lib/python2.7/dist-packages using pip and make this new packag
/usr/local/lib/python2.7/dist-packages
pip
You might have a wrong umask set as discussed here
umask
From your last edit, I guess you umask is set to 027. Try to do
027
sudo pip uninstall loremipsum umask 022 sudo pip install loremipsum