Stewart Lender Services Integrates New Suite of Due Diligence Tools – NMP Skip to main content

Stewart Lender Services Integrates New Suite of Due Diligence Tools

May 21, 2015

Stewart Lender Services has announced the integration of services to create Stewart’s Due Diligence Solution Suite. This integration includes several significant enhancements to our Due Diligence System (DDS), a proprietary workflow platform designed to support real estate secured transactions for new originations and seasoned loan reviews. Components include regulatory compliance assessment, valuation review and reconciliation, servicing assessment, portfolio oversight, and cash-flow reconciliation. 

The addition of Stewart’s Condition Clearing Tools in the suite provides a real-time link between buyers and asset sellers to identify, clear and report upon any conditions placed upon the asset transaction. Additionally, Stewart has upgraded their solution suite to incorporate the latest regulatory requirements.

“We are committed to the growth of our mortgage services offering that assists our clients in their objectives to optimize loan-quality and to support regulatory compliance,” said Jason Nadeau, CEO of Stewart Lender Services. “Through a single solution with Stewart, our clients have access to a trusted partner with strong expertise, industry leading technology and a robust suite of services.”

With more than 120 years of history, Stewart has grown to be a leading provider of real estate and mortgage services including our newly expanded suite of solutions for due diligence, loan review and quality control. In addition to providing the industry leading suite of securitization technology Stewart has expanded their suite of due diligence solutions through operational expansion and recent acquisitions. These solutions include:

►Rating Agency Grading solutions to support the due diligence process and collaborate electronically with your sellers, due diligence vendors and rating agencies.
Comprehensive Credit Underwriting solutions supporting origination, loan sales or delinquent loan reviews.
Title Search and Valuation solutions tailored for the due diligence and whole loan purchase market to assist you with your risk management or asset purchase decisions
Regulatory Review services within our solution provide for detailed and extensive reviews for regulatory compliance.
Non-Performing Loan Review solutions to support investors in their decision making surrounding delinquent or impaired assets.
Quality Control Reviews supporting pre-funding and post-funding reviews of FHA, GSE and customized review solutions to ensure the quality of each loan meets the program and regulatory guidelines.

Stewart Lender Services operates large scale service centers across the United States and maintains both near-shore and  off-shore operations from which Stewart provides loan file review and supporting detailed analytics regarding mortgage loan files to understand underwriting, collateral, legal compliance and performance history.

About the author
Published
May 21, 2015
Insuring The Risk To Lenders At Closing

Traditional protections like title insurance and closing protection letters may leave lenders exposed to significant settlement, funding, and fraud-related losses

CHLA Uses Trump Mortgage Order To Renew Push For LO Comp Reform

Community lenders want more flexibility over employee compensation, closing-cost estimates, down payment assistance, and federal supervision of smaller IMBs

Servicers Begin Testing Systems Ahead of VA Partial Claim Deadline

VA lenders and servicers have until Nov. 28 to implement the new loss mitigation waterfall and Partial Claim Program

ROAD Act’s Housing Incentive May Be Too Small To Move Supply

Realtor.com finds the median city risks losing only about $84,000, although the policy could carry more weight in supply-starved Northeast and Midwest markets

CRA Proposal Could Reshape Bank Lending And Affordable Housing Investment

The OCC and FDIC would put more weight on lending while easing community development requirements for hundreds of banks

Fannie Mae AI Governance Deadline Arrives Aug. 6

Seller/servicers using artificial intelligence in origination or servicing must have formal policies, oversight, and vendor controls in place