WFG Lender Services Broadens Capabilities with Acquisition of Valutrust
Addition of national vendor management firm and platform will increase geographic coverage for lending clients.
Westlake Village, CA—April 15, 2013 WFG Lender Services (“WFGLS”) has acquired Valutrust Solutions, LLC (“Valutrust”), a national mortgage services and technology development business based in Overland Park, Kansas. WFGLS is a national, full service provider of title insurance and real estate settlement services for lender real estate transactions.
The acquisition of Valutrust expands WFGLS’ product offerings in two ways. First, it extends the company’s menu of services to include appraisal management in all 50 states. Secondly, the Valutrust technology platform gives lenders the capability to manage all mortgage related services. The proprietary technology integrates with clients’ loan origination systems, allowing lenders to manage third party lending activity such as appraisal management, collateral review, flood certifications, 4506 tax returns, title and closing services.
“We are delighted to have Valutrust affiliated with WFG,” said Patrick Stone, President and CEO of WFGLS parent company Williston Financial Group. “This transaction will provide our loan originators the most elegant and efficient platform for ordering and tracking appraisals, title and other components of the mortgage transaction. Our lending client will now be able to order and track all phases of the entire loan process using what we believe to be the nation’s most comprehensive platform for appraisal and title transaction management.”
“The addition of Valutrust expands the resources WFGLS provides for mortgage lenders throughout the country, growing our product offering to include appraisal products and a top-flight technology,” said Bill Moody, Executive Vice President overseeing WFGLS. “For our clients, this means more products from which to choose and improved efficiency.”
Lance Melber, Co Founder and CEO of Valutrust, sees a natural fit between WFGLS and Valutrust, “Both companies have long operated with the same core philosophy: Without the client, we simply do not exist. Everything we do is for the customer. The Valutrust Portal drives efficiencies for our clients, saving them time and money. In combining our resources with WFGLS, we look forward to building an even stronger experience for our clients.”
For more information about WFGLS, go to wfgls.com. For more information about Valutrust, go to valutrust.com.
About WFG Lender Services
WFG Lender Services, a Williston Financial Group company, is based in Westlake Village, California, and provides 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. WFG Lender Services makes use of top-end technology, industry experience and an organizational focus on customer service to deliver its products effectively, cost-efficiently and quickly. Built around the directive to “communicate, collaborate, co-exist,” WFG Lender Services is committed to applying a new philosophy to the traditional mortgage and real estate industry, taking the time and cost out of real estate transactions in order to best meet the changing needs of its clients, agents and associates. For more information, please go to wfgls.com.