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Stewart Title Creates Stewart Realty Solutions

January 29, 2004

HOUSTON, /PRNewswire-FirstCall/ -- Stewart Title Co. has formed Stewart Realty Solutions, a new, wholly owned subsidiary that will develop and market a bundle of information services, technology applications, title insurance and closing services and Internet-based real estate transaction management solutions for realty firms in the United States.

"Stewart Realty Solutions will be our vehicle to manage and grow specific realty-focused products and services, including our flagship product, SureClose® transaction management," said Stewart Morris Jr., president, Stewart Title Co. "Our solutions will be marketed directly from Stewart Realty Solutions to leading local and national realty firms, as well as through our Stewart Title direct operations and agencies."

Travis Wright, a 30-year veteran of the real estate brokerage, real estate franchising and mortgage banking industries, will lead the company as president and chief executive officer. Kelly Hawkins will serve as vice president and chief operating officer. Hawkins has served at Stewart for 15 years and has been responsible for implementing the SureClose technology platform throughout the Stewart Title network.

SureClose, Stewart's online transaction management system, is currently in use in more than 500 Stewart Title affiliate and independent issuing offices across the nation.

"SureClose provides users with centralized communication, management and access to property listings, listing and sale agreements, loan documents, and escrow and title transaction files," said Hawkins. "These files are accessible 24x7 in a secure online environment, allowing users to access, view and download their transaction documents whenever and wherever they choose. Stewart Realty Solutions will offer products that allow real estate professionals to give unparalleled customer service, helping them build their customer base and market share."

Source: Stewart Information Services Corp.



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