HOUSTON (March 23, 2006) - The InterCity Companies has named Warren Vaughn its executive vice president, chief operating officer, and Kerry E. Stebbins as its director of business development. The firm consists of InterCity Capital Corp. and InterCity Escrow Services.
The InterCity Companies, also known as Stewart Vacation Ownership, is a subsidiary of Stewart Information Services Corp. (NYSE-STC)
Vaughn is a 30-year title industry veteran, most recently serving as senior compliance officer/advisory support for the California affiliates of a leading national independent title agency enterprise. He has held a number of operational and administrative management positions during his career in escrow and title insurance.
Vaughn has achieved the professional designations of Certified Escrow Officer and Certified Senior Escrow Officer through the California Escrow Association. In addition, he holds a Lifetime Teaching Credential in Real Estate with the California Community College System. He also has served on the Board of Governors of the California Land Title Association. Vaughn is a graduate of Arizona State University.
"Coming to the InterCity companies is an opportunity for me to return to an operational role after working in a corporate support role for several years," said Vaughn. "I am well-acquainted with Stewart Title's operations and personnel here in California and am pleased to be associated with the Stewart family of companies."
Stebbins brings 25 years experience, and a wealth of knowledge and contacts in the timeshare industry to her new position with Stewart. She has worked for the American Resort Development Association (ARDA) as its director of sales and marketing and also as the Western regional director for RCI.
As director of business development for Stewart Vacation Ownership, she will have direct responsibility for new business development, as well as for accelerating the growth and awareness of Stewart's timeshare escrow, title and other services throughout the United States and Mexico.
About Stewart Vacation Ownership
The InterCity Companies specializes in timeshare escrow, title, deed-in-lieu, foreclosure, portfolio management and development consulting services. The company has closed more than 80,000 timeshare escrows and serviced more than $100 million in timeshare receivables since 1983.
Stewart Title of California is a wholly owned subsidiary of Stewart Information Services Corp., a technology-driven, strategically competitive, real estate information and transaction management company. Stewart provides title insurance and related information services required for settlement by the real estate and mortgage industries through more than 8,500 policy-issuing offices and agencies in the United States and international markets. Stewart also provides post-closing lender services, mortgage default management solutions, 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.