HOUSTON (Oct. 15, 2002) - Stewart Mortgage Information (SMI), a wholly owned subsidiary of Stewart Information Services Corp. (NYSE-STC), has announced an alliance with Black, Mann & Graham, L.L.P., to provide post closing services to the firm's mortgage broker clients.
Black, Mann & Graham is a law firm based in Lewisville, Texas, with additional offices in Houston, Dallas and Hurst. The firm delivers prepared closing documents on residential loans for mortgage lender clients. SMI will provide Black, Mann & Graham clients with collateral file preparation and delivery, imaging, investor delivery, work investor exceptions, FHA/VA insuring, quality control, trailing docs, recordation and document retrieval.
"We are very excited about uniting two quality service providers to bring mortgage lenders a cost-effective solution for their closing and loan delivery needs," said Barbara Kasza, senior vice president, SMI, president, Mortgage Management Services division.
"This strategic alliance offers unique opportunities for broker clients who desire to become correspondents," said Calvin C. Mann Jr., partner, Black, Mann & Graham. "The stability of Stewart gives comfort to warehouse lenders who might be leery about providing lines to brokers and creates a win-win," according to Mann.
Incorporated in 1994, Stewart Mortgage Information (SMI) (www.smiservices.com) is a leading provider of mortgage information and services that accelerate loan origination and improve the performance of the post-closing function. SMI offers its services to lenders based on the life cycle of the loan process - from origination through post-closing to servicing. Origination services include credit reports, title reports, flood determinations, collateral assessments, document preparation, centralized funding and other real estate information. The post-closing solutions include assignments, document retrieval, lien recordation, pool certification, full legal review, lien release and research. Customers nationwide rely on SMI's expertise and integrated technology to provide solutions for their settlement needs.
Stewart Information Services Corp. is a technology driven, strategically competitive, global real estate information company. Stewart provides title insurance and related information services through more than 6,200 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, property appraisals, surveys, document preparation, property reports and background checks. Stewart also supplies post-closing services to lenders, automated county clerk land records and GIS for governmental entities. Stewart provides expertise in tax-deferred exchanges. More information about Stewart can be found at www.stewart.com.