Stewart Lender Services, a wholly owned subsidiary of Stewart Title Co., has developed a suite of specialized services designed to assist mortgage servicers fulfill the need for loan modifications and loan refinances in compliance with the Treasury Department's Making Home Affordable program.
Stewart's solution encompasses direct outreach or solicitation of large groups of borrowers in order to ascertain eligibility and to collect financial packages and information. Once the relevant data is collected from the borrower, Stewart is able to determine eligibility for the loan modification or a streamlined refinance program.
Stewart's solution also includes a comprehensive fulfillment solution for each program, including review and qualification of financial packages, loan modification creation, printing, mailing, electronic signing, quality control and recordation. For borrowers qualifying for the refinance programs, Stewart offers a centralized refinance solution that includes borrower solicitation, financial qualification, document preparation, title insurance, notary-based or electronic closings and centralized funding.
SOURCE: Stewart Lender Services