Press release from Business Wire
Stewart® Announces AgencySecure® Title Claims, Escrow Theft and Mortgage Fraud Prevention Program for Stewart Network of Title Agencies
<p> <i>New program helps agencies to drastically reduce their risk and expenses</i> </p>
Monday, May 10, 2010
Stewart® Announces AgencySecure® Title Claims, Escrow Theft and Mortgage Fraud Prevention Program for Stewart Network of Title Agencies08:00 EDT Monday, May 10, 2010 HOUSTON (Business Wire) -- Stewart Title Company (STC) and Stewart Title Guaranty Company (STG), wholly owned subsidiaries of Stewart Information Services Corp. (NYSE:STC), announced today the new AgencySecure program to help title agencies reduce title claims, escrow theft and mortgage fraud. “In looking at today's market, we knew that we must help our agencies manage their risk at a cost that will not break the bank,” said George Houghton, executive vice president, Agency Services Group for Stewart Title Guaranty Company. “AgencySecure takes preventative and proven steps to reduce title claims, escrow theft and mortgage fraud that have plagued our industry over the past few years, and for a very reasonable monthly subscription price.” AgencySecure provides access to Stewart agency technology and services. In addition this application offers title agencies the ability to prevent claims resulting from incorrect title searches and helps prevent escrow theft and mortgage fraud. AgencySecure enables its customers to efficiently process closings, issue title policies, and electronically report, remit and store closed-file documents. AgencySecure also provides automatic, "three-way" bank reconciliation; detects suspicious activities; provides best practice alerts; and proactively monitors files continuously for fraudulent activities. “With AgencySecure we have built the right mix of integrated technologies – from streamlined ordering and production systems, transaction management, active monitoring services and escrow account reconciliation, all the way to business training and education,” said Pat Vaden, president and CEO of PropertyInfo Corporation, a Stewart company. “Agencies can now feel secure that their business is protected most fraud, theft and title claims.” AgencySecure is available to title agencies today. For more information visit, http://www.stewart.com/why-agencysecure or contact firstname.lastname@example.org. The AgencySecure technology is provided by PropertyInfo Corporation, a Stewart company. PropertyInfo develops, supports, and distributes technology for the real estate industry. About PropertyInfo Corp., a Stewart Company PropertyInfo Corp., a wholly owned subsidiary of Stewart Title Company, delivers state-of-the-art real estate information solutions to the real estate, closing and mortgage industries. As a global provider of online transaction management and e-closing solutions, real estate information services, title/escrow production systems, hosting services, software development and online product distribution via its Web portal, PropertyInfo.com, PropertyInfo provides title and real estate professionals with the electronic data and integrated applications needed to increase their business efficiency and improve the quality of information used throughout the real estate transaction process. For more information, visit http://www.propertyinfo.com or e-mail email@example.com. About Stewart Stewart Title Guaranty Company is a wholly owned subsidiary of Stewart Information Services Corp. (NYSE:STC), a customer-driven, technology-enabled, strategically competitive, real estate information, title insurance and transaction management company. Stewart provides title insurance and related information services required for settlement by the real estate and mortgage industries throughout the United States and international markets. Stewart also provides post-closing lender services, 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 http://www.stewart.com or follow Stewart on Twitter @stewarttitleco. All trademarks are the property of their respective owners.