Houston (Nov. 21, 2005) - Stewart Default Solutions (SDS), a wholly owned subsidiary of Stewart Mortgage Information (SMI), has named Jerry L. Cook as vice president, compliance and vendor management.
Cook will focus on compliance programs between SDS, attorneys, vendors and new customers, and will also work closely with resellers and vendor management programs. In addition, his responsibilities will include the company's state licensing, customer contracts and the national attorney network.
Cook is an industry veteran, with more than 15 years of compliance and vendor management experience with local attorneys, and previous tenure with SMI as regional title manager. Cook is rejoining Stewart after serving five years as fraud, credit and compliance manager for First Data Corp.
"Jerry's experience and background will be a valuable asset to the SDS startup and ongoing ventures as we come to market," said C. Alan Paylor, president of Stewart Default Solutions. "As a provider of default solutions, our vendor relations are an integral part of the SDS service matrix, and Jerry's background and experience will serve all participants in this process. He will complement SDS's ongoing efforts to identify areas of improvement, develop action plans, implementations, measure results and offer solutions."
Jerry holds a BBA from Stephen F. Austin State University and an MBA from Our Lady of the Lake University in Houston, Texas.
SDS is a default solution and information provider serving the loan servicing markets in both the consumer and mortgage industry. It provides default management solutions for lenders and investor in a seamless Web-based environment. Services range from a national attorney network, collections, foreclosure and bankruptcy as well as REO asset management, and include integrated data applications, online workflow and transaction processes. More information is available at www.stewartdefaultsolutions.com.
Stewart Mortgage Information (http://smi.stewart.com ), a wholly owned subsidiary of Stewart Information Services Corp. (NYSE-STC), is a leading provider of mortgage information and services that accelerate loan origination and reduce costs of post closing functions. SMI boosts the efficiency and profitability of the loan origination process through the delivery of information and services required for settlement and servicing using e-commerce, including: credit, valuation products, nationwide title and settlement services, flood determinations, electronic mortgage document solutions, background checks and a variety of post-closing and investor delivery services.
Stewart Information Services Corp. is 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 8,000 policy-issuing offices and agencies in 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.