Stewart® Lender Services Announces New Director of Regulatory Compliance, Capital Markets
Stewart continues to expand the Capital Markets Group
HOUSTON (Jan. 20, 2014) –Stewart Lender Services (SLS), a Stewart® company and leading provider of Servicing and Mortgage Origination Support Services, announced today John Desmond as director of regulatory compliance, capital markets. Desmond will be responsible for overseeing the compliance and regulatory aspects of operations within Stewart’s Capital Markets Group.
Desmond brings more than 19 years of mortgage experience with a particular focus on origination operations and origination-related compliance. Desmond also has an additional five years’ legal experience in commercial litigation, corporate finance and secured transactions.
“John has an excellent combination of regulatory and compliance and hands-on originations experience, and we are excited to add his breadth and depth of knowledge to our compliance team,” said Jason Nadeau, president and CEO of Stewart Lender Services. “We are committed to continuing to grow and support our quality control and due diligence business lines. We will continue to make significant investments in this group in the coming year.”
Stewart’s Capital Markets Group is a leading third-party review provider specializing in mortgage due diligence and credit risk management. Stewart’s Capital Markets team provides loan review, due diligence, servicing oversight, securitizations, and regulatory compliance services for private, GSE and government entities.
Desmond will be based in Denver with offices in Stewart’s Denver Tech Center location, one of Stewart Lender Services six operating centers across the U.S. and Latin America.
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, REO asset solutions, quality control and due diligence for mortgage lenders, servicers and capital markets. With more than a century of experience matched with the industry’s leading technologies, SLS helps lenders, servicers and law firms 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 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.