HOUSTON (May 2, 2005) - Stewart Mortgage Information (SMI), a wholly owned subsidiary of Stewart Information Services Corp. (NYSE-STC), has named Marilyn Foody as vice president, national sales, mortgage management services (MMS).
Foody will focus on marketing and selling SMI MMS products and services to new and existing customers in order to meet their business needs and to increase revenue growth.
Foody has more than 25 years of successful mortgage-related sales and management experience with various banks, lenders and real estate information companies throughout the United States. Starting her career as a first-level loan officer, Foody rose to become a marketing manager for relocation services, private mortgage insurance sales, home mortgage business development manager, mortgage industry consultant, senior vice president of regional wholesale marketing and operations as well as national vice president of mortgage services sales prior to joining Stewart.
"Marilyn's extensive secondary marketing background will assist our clients with their post closing and post production needs," says John G. Bordon, SMI senior vice president. "Because Marilyn has been an active member of various MBA (Mortgage Banking Association) committees focusing on critical issues that face the mortgage industry every day, she knows the other side of the desk and has walked in the shoes of her clients, understanding their challenges and constraints.
"With a vast offering of SMI products and services from origination and closing through investor delivery, Marilyn will be able to offer her clients a complete solution to their needs without having to manage multiple vendors," added Bordon. "Marilyn will no doubt be successful within the Stewart organization and certainly represents a valuable asset to the organization and our clients."
Stewart Mortgage Information (http://smi.stewart.com) is a leading provider of mortgage information and services that accelerate loan origination and reduce costs of post-closing functions. SMI meets the needs of the real estate industries through the delivery of information services required for settlement using e-commerce, including credit, valuation products, nationwide title and settlement services, flood determinations, electronic mortgage document preparation, background checks and a variety of post-closing & investor delivery services.
Stewart Information Services Corp. is a technology driven, strategically competitive, real estate information and transaction management company providing title insurance and related information services through more than 7,800 policy-issuing offices and agencies in the United States and a number of international markets. Stewart delivers via e-commerce the services required for settlement by the real estate and mortgage industries. Stewart also provides post-closing lender services, 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.