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Tag Archives: Default Servicing

Stewart Information Services To Exit Delinquent Loan Servicing Operations

Stewart Information Services Corporation's net income nearly tripled year-over-year in the second quarter up to $17.1 million and $0.72 per diluted share (from $6.3 million and $0.27 per diluted share, but rapidly declining volume in the default space has prompted the Houston, Texas-based real estate services provider to exit delinquent loan servicing operations, according to an announcement from Stewart.

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