HOUSTON (July 29, 2004) - Stewart Loan Services L.L.C., a provider of loan processing services to mortgage lenders and brokers, has expanded its services into California.
Based in Pueblo, Colo., Stewart Loan Services is a wholly owned subsidiary of Stewart Information Services Corp. (NYSE-STC). The company began operations in fall 2003.
"This expansion gives our mortgage lender and broker customers the solution they have been demanding," said Jeff Fogg, president of Stewart Loan Services. "With refinancing volumes down, lenders are moving back into marketing activities. Stewart Loan Services offers mortgage brokers and lenders a complete solution to their back office duties, enabling them to better provide excellent customer service in this dynamic environment.
"We have representatives 'on the ground' in both Northern and Southern California working closely with customers to provide a very hands-on service for them," added Fogg. "Stewart Loan Services can provide full loan processing services, or fill in where the brokers or lenders may need interim assistance when they are short-handed."
One technology tool offered by Stewart Loan Services is the SureClose® transaction management system. Transaction management is a Web-based service enabling sellers, buyers, refinance customers, lenders, builders, title companies and settlement service providers to order services, communicate and share information and documents about real estate transactions.
"Stewart Loan Services will offer the full suite of technology tools that have made Stewart a well-known name in the title industry, as well as in mortgage services," said Fogg. "The SureClose transaction management system is one service we provide to streamline loan processing and ensure real-time communication and feedback. With SureClose, customers have access to their files 24x7."
Stewart Loan Services is located at 1315 Fortino Boulevard, Suite A, Pueblo, Co., 81008, telephone number (719) 543-5161, toll free (877) 543-5161. Fogg also serves as president of Stewart Title of Pueblo.
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 through more than 7,700 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 http://www.stewart.com/.