The longest operating title company in El Paso
Stewart Title's history began in 1893 when Maco Stewart, a prominent lawyer, purchased his first abstract company in Galveston. By 1905, brothers Maco and Minor Stewart issued an indemnity against loss due to title claims, which was the first form of title insurance issued in Texas.
Two years later the legislature passed an act permitting incorporation for the purpose of guaranteeing land titles and liens. The Stewart brothers did not waste any time taking advantage of this new law and incorporated under the name Stewart Title Guaranty Company.
About the same time, El Paso Title opened its doors and was then acquired in 1914 by STG, making Stewart Title of El Paso the longest operating and most respected title company in El Paso. During the same period, Stewart also acquired abstract companies in Dallas, San Antonio and opened an office in Houston.
This was just the beginning of an expansion that today includes 7,000 issuing offices in all 50 states and has seen success in Canada, Slovakia, Hungary, Mexico and Costa Rica. Trading on the New York Stock Exchange under the ticker symbol STC, Fortune magazine named the Stewart holding company, SISCO, as one of the 100-fastest growing companies in America.
Watch this short video to learn more about the TILA-RESPA Integrated Disclosure rule, specifically how the HUD-1 and Truth-in-Lending Disclosure for most closed end residential loans are going away, the new rules about when these forms must be delivered and what this will mean to you and your customers.