Press release from Business Wire
Stewart Lender Services Launches REO Rental Management Solutions
<p> <i>Turnkey program assists mortgage lenders, servicers and investors to transform vacant assets into tenant-filled properties</i> </p>
Monday, February 13, 2012
Stewart Lender Services Launches REO Rental Management Solutions08:00 EST Monday, February 13, 2012
HOUSTON (Business Wire) -- MBA's National Mortgage Servicing Conference & Expo 2012, Booth #809:
Stewart Lender Services (SLS), a wholly owned subsidiary of Stewart
Title Company, now provides a nationwide rental property management
service, Rental Management Solutions, for mortgage lenders, servicers
and investors.
Rental Management Solutions combines the expertise, knowledge and the
on-site presence of a local property manager with the oversight,
reporting and professionalism that only a nationwide provider of
business services can offer.
“Offering a REO rental management program is a natural transition for
Stewart, as our REO asset management division, PMH Financial, has been a
leader in managing real estate assets for years now,” said Jason Nadeau,
president of Stewart Lender Services. “With our REO property management
expertise, REO marketing savvy, and knowledge of the local markets, we
are able to quickly deploy rental solutions both in overseeing our
clients' existing REO portfolios, as well as with their new REO assets.”
“We are proud to add this service to our clients' options for managing
their REO assets. Now our customers can easily turn their vacant
foreclosures into profitable rental properties,” said Ken Blevins, CEO
of PMH Financial, a Stewart company. “Rental Management Solutions is a
win-win for all. It addresses pending government programs, offers a
compliant rental solution to expediently place qualified renters into
vacant homes, helps to alleviate the overhead of managing vacant REO
properties, and aids in restoring communities heavily hit by the
mortgage crisis.”
For more information on Rental Management Solutions, visit http://ww.pmhfinancial.com
or contact lenderservices@stewart.com.
About Stewart Lender Services
Stewart Lenders Services (SLS), a wholly owned subsidiary of Stewart
Title Company, is a nationwide provider of centralized origination, loss
mitigation and REO asset solutions for mortgage lenders and servicers.
With more than a century of experience matched with the industry's
leading technologies, SLS helps lenders and servicers meet the rapidly
changing demands of today's market. SLS has the agility, industry
knowledge and proven track record to perform throughout the lifecycle of
a loan. Stewart Lender Services includes the industry-leading subsidiary
PMH Financial, LLC. More information can be found at http://www.stewartlenderservices.com.
About Stewart
Stewart Title 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 lender services,
automated county clerk land records, property information reports,
background checks and expertise in tax-deferred exchanges. More
information can be found at http://www.stewart.com,
or by visiting the Stewart blog at http://blog.stewart.com,
following Stewart on Twitter @stewarttitleco,
becoming a member of the Stewart Title group on LinkedIn, or liking
Stewart on Facebook at http://www.facebook.com/StewartTitleCo.
All trademarks are the property of their respective owners.
Ted C. Jones, 713-625-8014Director-Investor Relationsted@stewart.comhttp://www.stewart.com
