Stewart Independent Agent in Texas Completes Their First Fully Digital Online Closing

Stewart is proud to announce its support of a Texas independent agent in
completing their first 100 percent remotely closed electronic real
estate transaction. The closing was completed on July 2 by Monteith
Title and Abstract Co, Inc. (Monteith) and Georgetown Mortgage, LLC. The
property, located in Temple, Texas, was closed by Monteith in Belton,
Texas for a consumer in Austin, Texas.

The transaction, underwritten by Stewart, was facilitated using the
Notarize remote online notarization closing portal. Stewart has
partnered with Notarize and other technology providers to enable
solutions for their independent agents across its network to expand and
grow their business.

“We are excited to provide additional opportunities for the independent
agents in our Trusted Provider network to leverage technology in
providing closing solutions that enable consumers to close digitally.
This is especially important as it allows independent agents to expand
their reach beyond their local market,” said Patrick Beall, Group
President for Agency Services, Stewart.

This transaction and others across the US are the result of lenders and
agents coming together and leveraging technology to serve consumers in
new ways.

“Our title company, a longtime Stewart Independent Agent, serves a large
military community and we look forward to what this change means in
meeting our customers’ title and closing needs. We are thrilled to be
part of this transaction and can’t thank our partners enough,” said
Brett Turner, Vice President Operations, Monteith Title and Abstract Co,
Inc.

“This is an historic moment in Texas real estate and a big win for our
industry. This is the ultimate in convenience for Texas borrowers, and
it enables efficiency gains for agents and lenders. By digitizing the
entire process, customers can now close faster, securely and remotely
anywhere, anytime, and on their own terms,” said Michael Jones, CFO,
Georgetown Mortgage LLC.

“Our mission is to give independent agents the tools and flexibility
that allow for customers to close on their terms. Fully online closings
give settlement agents a major competitive advantage; enabling greater
convenience and security for borrowers, while closing faster. We’re
excited to power this historic moment in Texas with Monteith Title and
Abstract,” said Pat Kinsel, CEO, Notarize.

As part of its full support of independent agents, Stewart is providing
training and education on electronic transactions across the country, so
agents better understand their options to meet market demands.

About Stewart

Stewart Information Services Corporation (NYSE-STC) is a global
real estate services company, offering products and services through our
direct operations, network of Stewart Trusted Providers™ and family of
companies. From residential and commercial title insurance and closing
and settlement services to specialized offerings for the mortgage
industry, we offer the comprehensive service, deep expertise and
solutions our customers need for any real estate transaction. At
Stewart, we believe in building strong relationships – and these
partnerships are the cornerstone of every closing, every transaction and
every deal. Stewart. Real partners. Real possibilities.™ More
information is available at stewart.com,
subscribe to the Stewart blog at blog.stewart.com,
or follow Stewart on Twitter® @stewarttitleco.
Trademarks are the property of their respective owners.

View source version on businesswire.com: https://www.businesswire.com/news/home/20180710005234/en/

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