Stewart Transaction Solutions Inc. Unveils eMortgage Solution

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The Stewart eMortgage platform will be presented at the 93rd Annual Mortgage Banker Association Convention and Expo in Booth #408

HOUSTON (Oct. 20, 2006) – Stewart Transaction Solutions Inc. will unveil its eMortgage solution at the 93rd Annual Mortgage Banker Association (MBA) Convention and Expo in Chicago, Ill., on October 22-25, 2006.

“There has been a lot of misinformation disseminated about what an e-mortgage is and when the industry will be ready to support it,” said Tim Anderson, vice president of business development – lender channel, Stewart Transaction Solutions. “By presenting our eMortgage solution at the Annual MBA Convention and Expo, Stewart will be one of the first companies to demonstrate how we support a legal and secure eMortgage platform.”

MBA's 93rd Annual Convention and Expo is the largest gathering of residential real estate finance professionals and provides opportunities for building new relationships and connecting with industry experts. Over the course of three days, mortgage technology veteran Tim Anderson will present how Stewart technologies integrate to deliver a full eMortgage solution from application to closing to investor.

Visit Booth #408 for more information, presentation times are as follows:

  1. Sunday, October 22, 2006 at 4:30 pm
  2. Monday, October 23, 2006 at 10:45 am, 2:00 pm and 4:30 pm
  3. Tuesday, October 24, 2006 at 10:45 am, 2:00 pm and 4:30 pm

“Electronic mortgages are more than electronic imaging and eDelivery. It’s about supporting a secure, scalable, and legally compliant eClosing, eSignature, eNotarization, MERS® eNote registration, electronic vault management and eRecording process in states that are currently looking for lenders to participate,” said Anderson. “Only a few companies will have the resources to deploy, support and continue to maintain a legal paperless eMortgage solution and Stewart Transaction Solutions is one of them.”

For some time, the mortgage origination and settlement services industries have been faced with the decision to transition to an electronic mortgage and electronic closing process. Having been one of the first companies in the industry to support eClosing services, Stewart now delivers an eMortgage solution that will allow lenders, title and closing agents, and real estate professionals to participate in a fully automated process in which all sales and financing documents can be processed electronically, including the archiving, signing and securitization of contracts.

“The SureClose® transaction management platform, revolutionary eClosingRoom™, eSignature and eRecording technologies, coupled with our newly developed electronic vault management, position Stewart to offer the mortgage industry a seamless solution for electronic transactions,” continues Anderson.

About Stewart Transaction Solutions
Stewart Transaction Solutions, a wholly owned subsidiary of Stewart Information Services Corp. (NYSE-STC), delivers state-of-the-art real estate information solutions to the real estate, closing and mortgage industries. Stewart provides transaction management, title and escrow production, commercial closing, vendor management, underwriter information, title plant and artificial intelligence-based examination systems. http://www.stewarttransactionsolutions.com.

About Stewart
Stewart Information Services Corp. is a customer-centric, 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 9,000 policy-issuing offices and agencies in the United States and international markets. Stewart also provides post-closing lender services, mortgage default management solutions, 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 http://www.stewart.com.

MERS® is a registered trademark of MERSCORP Inc.


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