HOUSTON (June 1, 2004) - Stewart Information Services Corp. (NYSE-STC) announced that its subsidiary, Stewart Title Co., has acquired Whitman County Title, located in Pullman, Wash. Existing key management and staff will remain.
"We felt that Stewart Title had a lot to offer us from a national perspective to help us serve our customers better," said Cheryl Rodeen, escrow officer and previous co-owner, Whitman County Title. "Joining Stewart will help us better focus on taking care of our customers' needs, especially as home sales begin to pick up."
Located in southeastern Washington in a thriving agricultural area, Pullman is a town of 25,000 residents located 75 miles south of Spokane and eight miles from Moscow, Idaho. The town is the home of Washington State University, which has nearly 18,500 undergraduate and graduate students at the Pullman campus.
Whitman County Title has been in business since 1979.
"We have worked with Whitman County Title as their title insurance underwriter for several years," said Michael Gish, district agency manager, Stewart Title Guaranty Co. "We are pleased to bring them into the Stewart family, and we are especially excited about helping them install Stewart's state-of-the art title and escrow software."
"With this acquisition and the scheduled June 1 opening of our Stewart Title office in Spokane, we will have excellent coverage in the eastern part of the state," he added.
Whitman County Title is located at 130 North Grand Ave., Pullman, Wash., telephone number (509) 332-8833, e-mail address email@example.com.
Stewart Title Guaranty Co. is a subsidiary of Stewart Information Services Corp., a technology driven, strategically competitive, global real estate information company. Stewart provides title insurance and related information services through more than 7,400 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 and land 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.