WFG Appoints O’Neill as Chief Compliance Officer

Portland, OR  January 29, 2013

Williston Financial Group (“WFG”), the parent company of WFG Lender Services and WFG National Title Insurance Company, has named Donald O’Neill as its Chief Compliance Officer. O’Neill will continue to serve as Executive Vice President of Institutional Services.  The Williston Financial Group family is a full service provider of title insurance and real estate settlement services for lender, commercial and residential transactions, nationwide.

 

As WFG’s Chief Compliance Officer, O’Neill will oversee WFG’s compliance programs.  He is charged with expanding WFG’s current compliance programs to meet the stricter demands of today’s compliance environment. Included in his duties will be implementation of improved employee and title agent training, licensing, audit and programs designed to update and track adherence to the Company’s policies and procedures.   The position will include an emphasis on actively collaborating and communicating with customers, lenders and agents faced with new compliance requirements of the Dodd Frank Act and Consumer Financial Protection Bureau (CFPB).

 

O’Neill came to WFG in June, 2012 with 30 years of experience in mortgage and real estate services most recently as Chief Operating Officer and Associate General Counsel for Altisource’s Premium Title.   Prior to that O’Neill held senior management positions with national settlement services companies and for over ten years he  served as Group President and CEO for the Real Estate Information Group at one of the industry’s largest title insurance underwriters.  O’Neill is licensed to practice law in Washington State and Utah and is a member of the United State Supreme Court Bar – Washington D.C.  He received his Juris Doctorate and MBA from Gonzaga University.

 

“WFG is extremely fortunate to have Don O’Neill, who has extensive industry and legal experience, assume the role of Chief Compliance Officer,” said WFG President and CEO Patrick Stone.  “We are acutely aware that our clients and their customers look to us for assurances that the settlement services business is conducted in a manner fully in accord with consumer finance law.   Don will provide direction, oversight, education and auditing of our operations, while extending access to those programs to agents writing WFG policies.”

 

“My emphasis during 2013 will be to develop programs and implement controls which enable WFG to proactively identify and mitigate risk,” said O’Neill.  “The regulatory environment our industry faces today demands an aggressive approach to compliance, and we are in a unique position to assist our customers, agents and partners in this regard as well.”

 

Donald O’Neill can be reached at (916) 300 – 1817 or doneill@wfgnationaltitle.com

 

About Williston Financial Group

 

Williston Financial Group is the Portland, Oregon-based parent company of several national title insurance and settlement services providers, including WFG Lender Services and WFG National Title Insurance Company.  It is one of the fastest growing national title insurance and settlement services providers in the mortgage and real estate services industry.

WFG National Title Insurance Company is a national provider of premium title insurance and settlement services to the real estate and mortgage industry.  The company also delivers a wide variety of residential and commercial mortgage lender services, including default and real estate owned transactions.  The company enjoys a Financial Stability Rating of A’ (A prime) as assigned by Demotech, Inc.  WFG Lender Services is a provider of premium title, closing and settlement services in all 50 states for mortgage lenders of all sizes.    The company fields national processing offices in Texas and California, and delivers a wide variety of residential and commercial mortgage lender services, including title insurance, closing, escrow and more.

 

Built around the directive to “communicate, collaborate, coexist,” Williston Financial Group is committed to applying a new philosophy to the traditional mortgage and real estate industry, working to meet the changing needs of its clients, agents and associates.  For more information, please go to www.WFGNationalTitle.com  or www.WFGLS.com.

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