HOUSTON (Dec. 13, 2004) - Todd Fauth has been named to lead affiliated business (AfBA) and strategic partner development efforts in Stewart Title's central states region.
Fauth will work with local and regional lenders, attorneys, builders, and residential and commercial real estate brokers to develop business opportunities providing title insurance, escrow and closing services. He will interface with Stewart's district managers and local office presidents to maintain existing AfBAs and identify new prospects for AfBAs. Fauth also will provide appropriate education and consultation to Stewart offices and agents on regulatory compliance.
"Todd has done a great job at Stewart Title of Illinois since joining us in 1996," said Tom Sagehorn, region manager, Stewart Title Guaranty Co. "He most recently served as the senior vice president of this flagship affiliate office, where he was responsible for development, sales and support of our affiliated agency system.
"He also was a member of the office's management team, in addition to being responsible for other day-to-day operations," added Sagehorn.
Prior to joining Stewart, Fauth drove market share growth for another title insurance company, greatly increasing its customer base in his territory. He earlier had worked for Gingiss International as a regional franchise advisor, overseeing management of more than 25 retail centers across eight states.
Fauth graduated in 1985 from Illinois State University in Normal with a degree in economics and business administration.
Stewart Title Guaranty Co. is a wholly owned subsidiary of Stewart Information Services Corp. (NYSE-STC), a technology driven, strategically competitive, real estate information and transaction management company. Stewart provides title insurance and related information services through more than 7,800 issuing locations in the United States and several international markets. Stewart meets the needs of the real estate and mortgage industries through the delivery of information services required for settlement using e-commerce. These services include title reports, flood determinations, document preparation, property reports and background checks. Stewart also supplies post-closing services to lenders, automated county clerk land records, property ownership mapping and GIS for governmental entities. Stewart provides expertise in tax-deferred exchanges. More information about Stewart can be found at www.stewart.com.