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Industry News

Stewart Mortgage Information Announces Alliance With Texas Law Firm

October 15, 2002

HOUSTON, /PRNewswire-FirstCall/ -- Stewart Mortgage Information (SMI), a wholly owned subsidiary of Stewart Information Services Corp. (NYSE: STC), has announced an alliance with Black, Mann & Graham, L.L.P., to provide post closing services to the firm's mortgage broker clients.

Black, Mann & Graham is a law firm based in Lewisville, Texas, with additional offices in Houston, Dallas and Hurst. The firm delivers prepared closing documents on residential loans for mortgage lender clients. SMI will provide Black, Mann & Graham clients with collateral file preparation and delivery, imaging, investor delivery, work investor exceptions, FHA/VA insuring, quality control, trailing docs, recordation and document retrieval.

"We are very excited about uniting two quality service providers to bring mortgage lenders a cost-effective solution for their closing and loan delivery needs," said Barbara Kasza, senior vice president, SMI, president, Mortgage Management Services division.

"This strategic alliance offers unique opportunities for broker clients who desire to become correspondents," said Calvin C. Mann Jr., partner, Black, Mann & Graham. "The stability of Stewart gives comfort to warehouse lenders who might be leery about providing lines to brokers and creates a win-win," according to Mann.

Source: Stewart Mortgage Information

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