Stewart Lender Services organizes to support full lifecycle of loan
The new SLS is poised for nationwide service and support of national mortgage lenders, investors and servicers
HOUSTON (October 12, 2009) – Stewart Lender Services (SLS), a wholly owned subsidiary of Stewart Title Company, has announced implementation of a new enterprise-wide business model that will support national lenders, investors, and servicers throughout the lifecycle of a loan. The company has strategically aligned its businesses, opened new customer support centers, and added a number of key executives to enable it to better serve its base of customers throughout the United States.
"Stewart has made a significant commitment to our continued growth in serving the real estate finance market," said Jason Nadeau, SLS president and chief executive officer. "Our challenge was to build a full suite of services for the lender without creating the separate silos that are often found in companies such as ours. We have been able to blend and integrate those competencies into cost-effective, fluid performance. We now can provide sound customer solutions from origination all the way through to asset disposition."
Stewart Lender Services was realigned to streamline its operations and ensure that all the various lender service offerings take advantage of a unified base of staff and technology capabilities. What evolved were complementary solutions for loss mitigation and asset management and disposition. The key factor enabling successful implementation was providing customers centralized processing from a growing list of support operations.
Business centers in Dallas, San Diego, Irvine and Phoenix were added to existing operations in Houston and Tampa. Additionally, a loss mitigation call center in San Diego supplements the Houston call center. And, existing asset management operations in Tampa have been bolstered by a new Irvine-based operation.
"I think our commitment to our customers is reflected in how we have organized our business and the increased number of support centers," said Nadeau. "But I think it’s also shown in the key staff members we have added to our team. We have a knowledgeable, experienced leadership group that is driving hard to offer our customers a solid alternative to the same old players."
About Stewart Lender Services
Stewart Lender Services (SLS), a wholly owned subsidiary of Stewart Title Company, is a nationwide provider of centralized origination, loss mitigation and REO asset solutions for mortgage lenders and servicers. With more than a century of experience matched with the industry’s leading technologies, SLS helps lenders and servicers meet the rapidly changing demands of today’s market. SLS has the financial strength, industry knowledge and proven flexibility to perform throughout the lifecycle of a loan. More information can be found at www.stewartlenderservices.com.
Stewart Title Company, a wholly owned subsidiary of Stewart Information Services Corp. (NYSE-STC), provides a single point of contact for U.S. and multinational customers that require special expertise in closing and underwriting for single and multi-site commercial transactions. Stewart is
a customer-driven, technology-enabled, strategically competitive, real estate information, title insurance and transaction management company. Stewart provides title insurance and related information services required for settlement by the real estate and mortgage industries throughout the United States and international markets. 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 www.stewart.com.