HOUSTON (June 28, 2006) - Mortgage technology veteran, Tim Anderson, has joined Stewart Transaction Solutions as vice president of business development - lender channel. Anderson brings more than 25 years of mortgage banking and management experience to this new position.
"Tim's knowledge and expertise will be invaluable in leading our business development initiatives for eMortgages and Stewart's overall vision of the paperless real estate transaction," said Travis Wright, president of Stewart Transaction Solutions. "The SureClose® transaction management platform, revolutionary eClosingRoom™, eSignature and eRecording technologies, coupled with our newly-developed electronic vault, position Stewart to offer the industry a seamless electronic real estate transaction. Tim will be a strong driver to sell these solutions within the industry."
Anderson most recently served as executive vice president, business solutions for Dexma, one of the first companies to support a paperless origination process utilizing Web services.
His background also includes work with DocuTech, Ignition Mortgage Technology Solutions (a wholly-owned subsidiary of Freddie Mac at the time), Ticor Realty Tax Services, ALLTEL Information Services (now Fidelity Information Services); and he ran the eCommerce division for HomeSide Lending (now Washington Mutual). Anderson also founded the eMortgage Alliance™, which supports MISMO standards for delivering legal paperless processes.
"I am pleased to join Stewart Transaction Solutions," said Anderson. "Having been one of the first companies in the industry to support SMARTDocs and eClosing services, Stewart is the right company at the right time to continue the push toward a totally paperless process and operation."
Anderson has served on the advisory boards of Freddie Mac, Fannie Mae, Microsoft® and the Housing Roundtable, (Electronic Financial Services Council) and has served as a consultant to many evolving technology firms. He is a past member of the Mortgage Bankers Association's Residential Technology committee (ResTech) Software & Services subcommittee and currently serves on its MISMO Governance committee and eMortgage workgroup. He also serves on the advisory board for SourceMedia and Real Estate Technology News publications.
Anderson has written for Mortgage Technology and Mortgage Banking magazines and listed in Who's Who in Internet Technology. Long known for promoting strategic applications and trends in technology such as XML and SMART Docs, Anderson was recognized and received the prestigious Steven Fraser Award from Mortgage Technology magazine in 2003 and is a prominent speaker at many industry events.
About Stewart Transaction Solutions
Stewart Transaction Solutions, a wholly owned subsidiary of Stewart Information Services Corp. (NYSE-STC), delivers state-of-the-art real estate information solutions to the real estate, closing and mortgage industries. Stewart provides transaction management, title and escrow production, commercial closing, vendor management, underwriter information, title plant and artificial intelligence-based examination systems. www.stewarttransactionsolutions.com.
Stewart Information Services Corp. is a technology-driven, strategically competitive, real estate information and transaction management company. Stewart provides title insurance and related information services required for settlement by the real estate and mortgage industries through more than 9,000 policy-issuing offices and agencies in the United States and international markets. Stewart also provides post-closing lender services, mortgage default management solutions, automated county clerk land records, property ownership mapping, geographic information systems, property information reports, flood certificates, document preparation, background checks and expertise in tax-deferred exchanges. More information can be found at www.stewart.com.