Stewart's Home Retention Services Group Announces the Expansion of eSignature Capability to Loan Modification Documents

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SAN FRANCISCO, CA (Oct. 20, 2008) – Today Stewart’s Home Retention Services (HRS) group, a division of Stewart Lender Services, Inc. announced the expansion of their loan modification services to include eSignature capability. This service saves time and greatly reduces printing, shipping, copying and the many other expenses incurred by lenders and servicers in their efforts to restructure distressed loans.

Through SureClose®, Stewart’s document management and collaboration system, homeowners are able to review and approve loan modification documents at their convenience. SureClose and the eClosingRoom™ are fully integrated to offer homeowners and lenders a simple and effective loan modification transaction. The eClosingRoom includes the eSignature capability giving homeowners and lenders the ability to finalize loan modifications in a matter of minutes.

“The eSignature technology allows borrowers the ability to sign off on new payment plans, improving the loan workout process, boosting efficiency, while markedly reducing fallout levels for lenders,” stated Jason Nadeau, President of Stewart Lender Services, Inc.

Home Retention Services currently offers a full suite of loss mitigation products and services such as contact management, workout analysis and documentation, repayment plans, note modifications, and deeds in lieu. The HRS team is dedicated to preserving home ownership and expeditiously providing the best solutions tailored to each borrower’s needs. 

For further information on improving your workout and loan modification needs, please contact (800) 577-6674 or lenderservices@stewart.com for assistance.

About Stewart Lender Services

Stewart Lender Services, Inc. (SLS), a wholly owned subsidiary of Stewart Title Company, is a leading provider of mortgage information and services that accelerate loan origination process and reduce costs associated with post closing and loan servicing functions. SLS' suite of products and services includes: credit, valuation products, nationwide title and settlement services, electronic mortgage documentation solutions and background checks. More information can be found at www.stewartlenderservices.com.

About Stewart

Stewart Title Company is a wholly owned subsidiary of Stewart Information Services Corp. (NYSE-STC), a customer-driven, technology-enabled, strategically competitive, real estate information, title insurance and transaction management company. Stewart provides title insurance and related information services required for settlement by the real estate and mortgage industries throughout 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.

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