HOUSTON (Sept. 16, 2004) - Stewart Realty Solutions (SRS), a leading provider of Web-based transaction management systems to the real estate, closing and mortgage industries, has released version 5.4a of its SureClose® transaction management system (TMS).
"This latest upgrade provides breakthrough simplicity for the digital transformation and management of paperless files for home sales, purchases and mortgage loan refinancings," said Kelly Hawkins, SRS vice president and chief operating officer.
After crossing the half million online transactions mark in August, the summer 2004 SureClose release is seeing about 50,000 new transactions per month managed online, a half million documents digitized monthly and 10 million Web page views monthly.
"This release delivers powerful new document bar-coding technology, a key component of helping customers reach their goal of a paperless office within their specific usage patterns and high volume workflow," added Hawkins. "These latest enhancements further distinguish SureClose as the only TMS platform that's truly delivering today on the promise of paperless file management. Other vendors are talking about it, but our customers are already managing their formerly hard copy files in a fully paperless environment right now, today."
SRS also is responsible for deployment of the SureClose platform internally within the Stewart Title agent network, where the platform is taking title operations paperless in more than 650 offices nationwide.
About Stewart Realty Solutions
Stewart Realty Solutions is a wholly owned subsidiary of Stewart Information Services Corp. (NYSE-STC). The company's flagship product, SureClose, delivers breakthrough simplicity for the digital transformation and management of real estate files. For more information, call 800-86-TOOLS or visit the company's Web site at http://www.sureclose.com.
About Stewart Information Services Corp.
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 through more than 7,800 issuing locations in the United States and several international markets. Stewart meets the needs of the real estate and mortgage industries through the delivery of information services required for settlement using e-commerce. These services include title reports, flood determinations, document preparation, property reports and background checks. Stewart also supplies post-closing services to lenders, automated county clerk land records, property ownership mapping and GIS for governmental entities. Stewart provides expertise in tax-deferred exchanges. More information about Stewart can be found at http://www.stewart.com/.