Stewart Buys RealtyAssist

Stewart Realty Solutions, Houston, has acquired San Diego-based RealtyAssist, a provider of transaction management and paperless office systems to the real estate, closing, and mortgage industries.The terms of the transaction were not disclosed. Stewart said it has deployed the RealtyAssist transaction management system in more than 500 offices nationwide under the SureClose brand, and termed the system Stewart Realty's flagship product. Stewart Realty is a newly created, wholly owned subsidiary of Stewart Information Services Corp. offering realty-focused title insurance, closing, technology, and information products and services to local and national realty firms. "Through our four-year partnership with RealtyAssist, we have refined a system that can deliver a paperless real estate transaction, provide status to all parties to the transaction, and improve the closing experience for the consumer, Realtor, and lender," said Stewart Morris Jr., president of Stewart Information Services. The parent company can be found online at http://www.stewart.com.