Industry Veteran Jim Davis Joins Stewart Lender Services Executive Team
Davis appointed as Vice Chairman and Executive Vice President
HOUSTON (May 1, 2013) – Stewart Lender Services, Inc., a Stewart® company and leading provider of Servicing and Mortgage Origination Support Services, is pleased to announce that Jim Davis has joined the company as Vice Chairman and Executive Vice President of Strategy and Business Development.
“We are thrilled to have Jim Davis join our executive team,” said Jason Nadeau, Group President, Mortgage and Title Services for Stewart. “Jim brings an extraordinary amount of experience and proven leadership to our existing team. His experience will be invaluable in helping guide our company’s growth plans and strategic vision.”
“With more than 25 years of experience, Jim is a well-respected leader in the mortgage servicing industry, and will be a tremendous asset for the Stewart organization,” said Matt Morris, CEO of Stewart Information Services Corporation. “Jim’s experience, vision and relationships within the mortgage industry will be integral to the expansion of our mortgage support services.”
Davis joins Stewart from Homeward Residentialsm (formerly American Home Mortgage Servicing), where he recently served in a role as Executive Vice President - Chief Government Affairs Officer and had responsibility for all activities and relationships with government agencies, consumer groups, trade groups, press and other external entities. Davis was also the leader of Homeward’s Jacksonville, Florida servicing site, providing oversight of the people, process and technology located there. Prior to moving into the government affairs role, Davis served as Head of Default Administration for Homeward with responsibility for all default functions including loss mitigation, foreclosure and bankruptcy. Prior to the acquisition by Homeward, Mr. Davis managed all customer service, collections, loss mitigation, foreclosure, bankruptcy and claim functions for Option One Mortgage. He managed 1,000 associates across two domestic locations as well as three sites in India and one in Mexico.
Prior to joining Option One, Davis worked with HomeSide lending where his responsibilities included oversight of all default services domestically and in Australia where he served as Head of Servicing for HomeSide Lending’s Australian servicing operation.
Davis presently serves and has previously served, on many industry committees including LPS® Mortgage Advisory Board, the MBA Loan Administration Steering Committee, the Alltel/Fidelity Default User Committee, the FNMA Default Advisory Board, the FHLMC Default Advisory Group, the HUD Servicing Practices Work Group and has been a member of several industry pilot groups including MGIC’s Loss Mitigation Score, Freddie Mac’s Early Indicator Score and Mortgage Information Corporation’s Credit Score pilot.
About Stewart Lender Services
Stewart Lender Services (SLS), a wholly owned subsidiary of Stewart Title Company, is a nationwide provider of centralized origination title, loss mitigation/default resolution, default title 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 and law firms meet the rapidly changing demands of today’s market. SLS has the agility, industry knowledge and proven track record to perform throughout the lifecycle of a loan. Stewart Lender Services includes the industry-leading subsidiary PMH Financial, LLC. More information can be found at http://www.stewartlenderservices.com.
Stewart Title Company is a wholly owned subsidiary of Stewart Information Services Corp. (NYSE-STC), a customer-focused, global title insurance and real estate services company offering products and services through our direct operations, network of approved agencies and other companies within the Stewart family. Stewart provides these services to homebuyers and sellers; residential and commercial real estate professionals; mortgage lenders and servicers; title agencies and real estate attorneys; home builders; and United States and foreign governments. Stewart also provides loan origination and servicing support; loan review services; loss mitigation; REO asset management; home and personal insurance services; tax-deferred exchanges; and technology to streamline the real estate process. Stewart offers personalized service, industry expertise and customized solutions for virtually any type of real estate transaction, and is the preferred real estate services provider. More information can be found at http://www.stewart.com/news.