Stewart Title Completes Its First eClosing in Minnesota

HOUSTON--(BUSINESS WIRE)-- Stewart announced the completion of its first real estate eClosing transaction in Minnesota with Fairway Independent Mortgage in Bloomington, MN. Both lender and title closing documents were executed electronically leveraging the Pavaso Closing portal.

“Digital closing is no longer a thing of the future. It’s here, and by completing our first hybrid eClose in Minnesota, we’ve taken the first step toward a full digital mortgage,” said Scott Gillen, Senior Vice President, Industry Relations. “We’re excited about our partnership with Fairway to facilitate a superior consumer experience and will continue to lead and support our transaction partners and consumers.”

Stewart continues to lead the market in ways to simplify the complex closing process and provide a seamless closing experience for our customers across the country. This eClosing is just another example of Stewart’s commitment to our clients by making it simple and efficient for all parties involved in a real estate transaction. Our goal is to provide better transparency to consumers in advance of closing and ensuring a more efficient closing process.

"As this industry implements more and more technology, we have to remind ourselves that speed does not automatically go hand in hand with satisfaction. However, the combination of the two will result in confidence and smiles,” said Dale Gross, Loan Officer, Fairway Independent Mortgage. “Fairway Mortgage is choosing to offer eClosings with Stewart to provide our borrowers sufficient time before closing to review all the documents they are signing. This will improve the borrower’s awareness and comfort, as well as provide a more efficient closing experience in partnership with Stewart Title.”

Nationwide, Stewart has been at the forefront of modernizing the real estate sales process and promotes eClosings and eNotarizations to streamline the closing process and make it easier for our clients.

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/20180920005120/en/

Stewart Information Services Corp.
Rahim Balsara, (713) 625-8180
[email protected]

Source: Stewart Information Services Corp.

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