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Mortgage

Stewart Lender Services acquires Allonhill assets

Broadens due diligence, risk management offerings

Stewart Lender Services, a provider of servicing and mortgage origination support, acquired key assets of Allonhill, an industry due diligence and risk management company.

The transaction follows Stewart’s goal of providing quality compliance services for the mortgage market.

As a result, Stewart will add due diligence, loan quality reviews, compliance solutions and servicer performance management capabilities to its suite of products.

"Through a combination of the staff, industry-leading technology and Stewart’s resources, this transaction brings us tremendous strength at a time when this segment of the market is re-emerging," said Jason Nadeau, president and CEO of Stewart.

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