Stewart Acquires Majority Interest in Stewart Title of Pueblo, Colo.
March 31, 2004
HOUSTON, /PRNewswire-FirstCall/ -- Stewart Title Co., a wholly owned subsidiary of Stewart Information Services Corp. (NYSE: STC - News),has acquired a majority interest in Stewart Title of Pueblo, Colo. The terms of the acquisition were not disclosed.
Key management and staff will remain with the office.
"Jeff Fogg and Jeane McKim are doing a fine job managing this office," said Rand Zimmerman, group president, Stewart Title Co. "We are pleased to have this opportunity to share more fully in this office's success in the southern Colorado marketplace."
Stewart Title has been an active part of the real estate community in Pueblo County for 10 years.
"Our primary reason for taking this step is to allow our associates to enjoy the full range of company benefits offered by Stewart Title," said Jeff Fogg, president, Stewart Title of Pueblo. "We are pleased to offer title insurance, escrow and closing services to the real estate agents and brokers, builders, attorneys, lenders and developers of Pueblo County. We are proud of our tradition of magnificent customer service, and look forward to many years of assisting this community.
"We are especially pleased that we will be offering SureClose®, Stewart's online transaction management solution, to all our customers during this coming year," said Fogg. "SureClose enables home buyers, sellers, refinance customers, real estate agents and others the ability to track the progress of their home purchase or refinance online, 24 hours a day, seven days a week."
Source:: Stewart Information Services Corp<