Stewart announced it has entered into a definitive agreement with DataQuick Lending Solutions to acquire its collateral valuation and settlement services, as well as the company’s title and closing business operations.
The transaction represents a significant expansion of Stewart’s mortgage services offerings and centralized title operations, in addition to expanding Stewart Title operations by adding two additional processing centers in the U.S., a suite of complementary branch operations, a team of talented title and closing operations staff, and a platform upon which Stewart can continue to grow centralized title services.
Stewart Title also renamed its commercial division division to Stewart Title Commercial Services.