Stewart Unveils HEL Services Package

Stewart Mortgage Information, Houston, has introduced what it terms the first guaranteed, ready-to-fund home equity loan bundled services package.The guaranteed bundle, or HELP, allows lenders to provide more accurate cost estimates, SMI said. For one fixed price, HELP includes integrated mortgage origination and settlement services for home equity loans, such as a tri-merged credit report, upfront disclosures, a deed report, and closing documents. It provides immediate access to products needed to prequalify a home equity transaction and allows the process to be stopped before incurring the cost of a full HELP bundle, SMI said. "We are so confident in our service offering that we guarantee delivery within 15 days," said Don O'Neill, SMI's chief executive officer. HELP can be ordered through RealEC, an electronic exchange for mortgage originators, real estate professionals, and settlement services providers. Stewart Mortgage Information is a wholly owned subsidiary of Stewart Information Services Corp., which can be found online at http://www.stewart.com.

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