Operation will continue as WFG National Title Company of Texas
Portland, OR February 5, 2014
Williston Financial Group (“WFG”) has acquired Universal Land Title of Texas, a Texas-based title insurance agency with offices in Dallas, Fort Worth and Houston. Williston Financial Group is the parent company of a family of title insurers which deliver title insurance and real estate settlement services for lender, commercial and residential transactions, nationwide.
Universal Land Title of Texas will now operate as WFG National Title Company of Texas. The division has offices in Bedford, Fort Worth, Southlake, Grand Prairie, Houston, Katy and Sugar Land. As the Division President for the new entity, Patrick Dougher will oversee the growth and operations of the business.
“With its vibrant economy and strong population growth, Texas is an attractive and important market for WFG or any real estate-focused company extending its national presence,” said WFG President and CEO, Patrick Stone. “We know that Patrick’s customer-first approach and flexibility will make WFG a resource for his clients in Texas.”
“WFG’s total emphasis on the customer will be well received by our clients in Texas,” said Dougher. “Mortgage lenders and real estate brokerages demand that their service providers see each mortgage transaction through to the settlement or closing with speed, accuracy and regulatory compliance—all with no disruption to that service provider or the home buyer. This approach is at the core of what WFG does.”
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 the fastest growing national title insurance and settlement services provider in the mortgage and real estate services industry.
About WFG National Title Insurance Company
Portland, Oregon-based WFG National Title Insurance Company, a Williston Financial Group Company, is a national provider of premium title insurance and settlement services to the real estate and mortgage industry. The fastest growing national title underwriter, the WFG family was the nation’s seventh largest provider of title insurance at the end of the third quarter in 2013, three years after its entry to the market. (Based upon market share. Source: American Land Title Association http://www.alta.org/industry/financial.cfm). WFG National Title 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. Built around the directive to “communicate, collaborate, coexist,” WFG National Title Insurance Company 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.