Stewart Forms Trustee Company To Address Foreclosure Needs

Stewart Information Services Corp. has formed Stewart Default Services (SDS), a subsidiary that will provide residential, commercial and homeowners' association foreclosure services to banks, mortgage and loan servicing companies, credit unions, government agencies, private investors and others in California, Nevada and Arizona. In addition, SDS will extend foreclosure services to other parts of the country through its comprehensive attorney network.

According to the company, SDS will leverage the resources and knowledge of Stewart Title Guaranty Co. by offering a robust set of services, including loss mitigation, foreclosure processing, title and escrow services, online access to title products, bankruptcy/eviction referral and monitoring, vacant property insurance and post-sale conveyance.

Leading the SDS team will be Susan Harris, vice president and marketing manager for SDS, and Beverly Huber, SDS foreclosure manager. Together, Harris and Huber bring more than 50 years of experience in mortgage servicing, default mortgage processing and foreclosure trustee services.

Source: Stewart Information Services Corp.

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