HOUSTON (April 12, 2005) - Stewart Mortgage Information (SMI) has renamed its Texas title operation as Stewart Priority Resources Inc. The company was formerly known as Priority Resources Inc., doing business under both General American Resources and General American Title.
Stewart Priority Resources offers a complete range of insured and uninsured title and settlement services to first and second lien lenders throughout the state of Texas. John Axt serves as president of the company, which is located in north Houston.
"This is an outstanding company that was acquired in 1998 by SMI, and we felt that it was time to brand it as part of the Stewart family," said Axt. "Stewart Priority Resources will aggressively pursue opportunities to provide the whole range of bundled service offerings for lenders across the state of Texas."
Stewart Mortgage Information (http://smi.stewart.com), a wholly owned subsidiary of Stewart Information Services Corp. (NYSE-STC), 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 industry 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 and 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 http://www.stewart.com.