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In January 2006 Landata Systems Inc. and Stewart Realty Solutions, wholly owned subsidiaries of Stewart Title Co., merged to form Stewart Transaction Solutions. The new company combines Landata Systems, a 27-year veteran in providing technology solutions for the title industry, with Stewart Realty Solutions, a company formed two years ago to take online transaction management to the real estate, closing and mortgage industries. Key Stewart technologies being handled by the new company include the SureClose® online transaction management system, the eClosingRoom™ electronic closing platform (developed by Stewart Title and Silanis Technology), the AIM® for Windows® title production system, and the TitleSearch® title plant, document imaging and search analysis systems. In January of 2004, Stewart Title Co. announced the formation of Stewart Realty Solutions (SRS), a new, wholly owned subsidiary that is responsible for the development and marketing of bundled information services, technology applications, and open platform transaction management solutions for realty, title and mortgage firms in the United States. Solidifying its commitment to deliver innovative, transaction management solutions to its customers, in February of 2004, Stewart Realty Solutions acquired San Diego-based RealtyAssist, a 10-year technology veteran and the leading provider of transaction management and paperless office solutions to the real estate, closing and mortgage industries. About Stewart Stewart Information Services Corp. (NYSE-STC) is a 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 8,500 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 www.stewart.com. |
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