Archive for the ‘Company News’ Category

ATTENTION WFG TITLE INSURANCE COMPANY, TRANSUNION TITLE INSURANCE COMPANY, DIVERSIFIED TITLE INSURANCE COMPANY, AND NORTHERN COUNTIES TITLE INSURANCE COMPANY POLICYHOLDERS:

Monday, March 31st, 2014

Effective, April 1, 2014, WFG Title Insurance Company, a California corporation(formerly known as TransUnion Title Insurance Company, Diversified Title Insurance Company, and Northern Counties Title Insurance Company), will be merged into WFG National Title Insurance Company, a South Carolina corporation. WFG National Title Insurance Company will assume all policies issued by WFG Title Insurance Company on the same terms and under the same conditions and shall be responsible and liable to all policyholders for all of the liabilities and obligations under said policies.

Please contact WFG National Title Insurance Company, 16700 Valley View, Suite 275, La Mirada, CA 90638, Attention: National Claims Manager, Telephone: (714)452-1300, FAX Number: (714)452-1301, email: claims@willistonfinancial.com, for further information policyholders might require to obtain their full benefits under their existing policies, including making any claims. Policyholders may also call (800)334-8885 for further information and assistance.

WFG’s Compliance Management System (CMS) Coming to a Desktop Near You

Thursday, March 13th, 2014

One of nearly 30 prewritten policies and procedures offered to agents

Confused by the CFPB and talk of “Best Practices”?
Don’t know where to start?  Unsure of how these industry changes will affect your business?  WFG is here to help you!

WFG is proud to announce the upcoming launch of its Compliance Management System (CMS), a simple, intuitive structure to help any agent of the Company navigate the changing compliance environment.

Housed on the Company’s agent website, the CMS system is comprised of a basic education about new regulatory requirements, but its primary feature is a “library” of policies and procedures prewritten but customizable in a fillable form for agents to simply modify based on their own agency’s processes. (Please see partial sample of one of the library’s policies to the right.)  These offerings cover everything discussed in ALTA’s Best Practices and more, from “Clean Desk and Clear Screen” policies to “Disaster Recover” policies.

Along with these policies and procedures, WFG is providing agents the ability to create their own, full-service compliance package with other miscellaneous items lenders want to see – documents such as overviews of the agency, bios of key staff, and organizational charts.  Where the policies and procedures are the chapters and core of a metaphorical book, these “extras,” provided as WFG’s commitment to collaborate with agents, are the book’s cover, table of contents, and index.  Together, they create a complete compliance package that can be handed off as a thorough, professional product to any lender or requesting regulatory body.

What this comprehensive program means to agents is pivotal: Less time handling important, but often-cumbersome, administrative tasks, and more time performing the day-to-day title and escrow duties that sustain their business.  What this means to lenders and regulators is equally important: a standardized operations program to help safeguard lenders and consumers.

WFG’s CMS also serves as a warehouse of information about technology products that can assist agents in their implementation of CFPB-compliant processes.  From document shredding to email encryption, the CMS site connects agents to technology solutions that will help agents streamline their compliance procedures.

Finally, WFG’s CMS site serves as a current training and news source on CFPB-related topics.

The site is expected to rollout to agents in April 2014.  The CMS will be reviewed and adjusted continuously, based upon feedback from agents, lenders, regulators and other key stakeholders.

For more information contact Rick Diamond, Senior Vice President of Information Technology, Agency Operations at rdiamond@wfgnationaltitle.com or 617-721-9703.

WFG Introduces Compliance Management System for Agents

Monday, March 10th, 2014

Technology will enable agents to meet ALTA Best Practices, demonstrate safeguards to clients.

Santa Barbara, CA  March 7, 2014              WFG National Title Insurance Company (“WFG National Title”), has introduced technology that will enable title agents to implement key compliance safeguards as well as demonstrate to the agents’ clients that they have done so.  The Compliance Management System (CMS) will soon be available nationwide.  WFG National Title is a full service provider of title insurance and real estate settlement services for commercial and residential transactions nationwide.

According to Joseph Drum, Esq., Executive Vice President overseeing WFG National Title’s agency division, the CMS software meets and surpasses the American Land Title Association’s (ALTA) Title Insurance and Settlement Company Best Practices (Best Practices) requirements, saying “it addresses some of the concerns that many mortgage lenders have expressed about partner compliance that rise above and beyond those areas covered by the Best Practices, which is the first step in any agent’s CMS of course.”  WFG National Title’s CMS will enable agents to implement the necessary compliance safeguards and demonstrate to clients that those safeguards are in place.  A WFG agent will able to deliver to a concerned lender a notebook detailing the agent’s CMS and how it works.

“Our agents have been asking for several months what it takes to be compliant,” said Drum. “This CMS has been reviewed and approved by many of the country’s leading lenders and GSEs.  Providing this tool to our agents is merely an ongoing part of our responsibility to collaborate with them.  It will help them not only to stay in business, but to grow their businesses as well.”

The CMS will be reviewed continuously, based upon input received by WFG National Title from the lender and regulatory community. WFG National Title will offer an on-line service that enables a title agency to verify that it is operating under the CMS.  The service will also allow the agency to advertise its participation in the program.  “The real estate industry has been struggling to define what is necessary to comply with federal law and regulations,” said Drum.  “We see this CMS as a defining document demonstrating what we in title and settlement can do to protect both our consumer and business customers.”

The technology will only be available to WFG National Title agents.  For more information contact Rick Diamond, Vice President of Information Technology, Agency Operations at rdiamond@wfgnationaltitle.com or 617-721-9703.  You can also learn more at  wfgnationaltitle.com, or by contacting  any WFG agency regional manager.

 

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.

Aubrey Joins WFG National Title’s Regional Management Team

Tuesday, March 4th, 2014

Industry Veteran to Manage Agency Relationships in NJ, PA 

Santa Barbara, CA  March 3, 2014   Lisa J. Aubrey has joined WFG National Title Insurance Company (“WFG National Title”) as a senior vice president and state manager for the company’s agency division in New Jersey and Pennsylvania.  WFG National Title is a full service provider of title insurance and real estate settlement services for commercial and residential transactions nationwide.

A title insurance industry veteran, Ms. Aubrey has more than 20 years experience in the field, most recently as director of agency training for one of the industry’s largest title underwriters. Prior to that, she gained experience at several New York and New Jersey title companies, holding positions ranging from settlement clerk and post-closing coordinator to vice president in charge of operations.

A graduate of Montclair State University, from which she obtained an undergraduate degree in Communication Studies, Ms. Aubrey completed the Title Insurance Licensing Course at the Professional School of Business in Millburn, NJ.

She is actively involved in the New Jersey Land Title Association, (“NJLTA”), where she has served on the Board of Governors for the past two years.  Ms. Aubrey also serves on the NJLTA Rating Bureau (a voluntary association of title insurers who collect and share financial information to support rates proposed to the New Jersey Department of  Banking and Insurance), on the association’s Website Design Committee, and on its Convention Committee, which she is chairing this year.

“Lisa’s expertise as a trainer and her broad knowledge of compliance and compliance technologies target two of WFG’s top priorities,” said Joseph Drum, Esq., Executive Vice President at WFG National Title. “We want to provide the tools and support title agents need to compete and succeed in a rapidly changing and increasingly challenging industry, and Lisa’s background and skills advance those efforts.”

Drum also noted Lisa’s active involvement in the NJLTA, which, he said, “reflects a commitment to the title industry that WFG shares, supports and encourages for all of its employees and affiliates.”

 

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.

WFG National Title Promotes Vandenberg to National Escrow Manager

Monday, March 3rd, 2014

SVP will oversee escrow policies nationwide 

Portland, OR  February 21, 2014           WFG National Title Insurance Company (“WFG National Title”) has promoted Mickey Vandenberg to the position of Senior Vice President/National Escrow Manager. WFG National Title is a full service provider of title insurance and real estate settlement services for commercial and residential transactions nationwide.

In her new position, Vandenberg will be responsible for the establishment and implementation of standardized escrow policies and procedures throughout the company nationwide.  She will also collaborate with WFG National Title’s compliance department with regard to escrow procedures as well as assisting in the development and training of WFG National Title’s escrow officers.  Vandenberg is based in the company’s Irvine, California office.

“WFG is fortunate to have a wealth of outstanding escrow professionals, and Mickey is no exception,” said Joseph McCabe, EVP and General Counsel for WFG.  “Her experience and client-focused performance with WFG make her an excellent resource for WFG’s escrow officers and agents across the nation, as well as for our customers.”

For more information, go to www.wfgnationaltitle.com, or contact Vandenberg at mvandenberg@willistonfinancial.com and/or  949-266-1645 (office) or 714-878-5181 (cellular).

 

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.

WFG National Title Insurance Company Acquires Universal Land Title of Texas

Thursday, February 6th, 2014

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.”

For more information, go to texas.wfgnationaltitle.com, or contact Pat Dougher at pdougher@universallandtitle.com or 817-514-4211.

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.

WFG Names Kelley as Orange County Manager

Wednesday, January 8th, 2014

National title underwriter family continues growth in California

Santa Ana, CA   January 6, 2014         WFG Title Company of California (“WFG”) seeks to continue its growth in the California market by naming Bryan Kelley as Senior Vice President, Orange County Manager.  WFG Title Company of California is part of the The Williston Financial Group family of title insurers, which includes WFG Title Insurance Company and WFG National Title Insurance Company, both of which are full service providers of title insurance and real estate settlement services for commercial and residential transactions.

Kelley will primarily oversee the growth of WFG’s presence in Orange County.  He will manage the office’s financial performance as well as its day to day operations.  He comes to WFG from one of the nation’s largest title underwriters, where he oversaw its national title and closing division in California, Arizona, Texas, Florida and Illinois.  Before that, Kelley served as County Manager in Orange County, Northern California and Washington for other national providers.  He has also held positions ranging from title officer to operations manager over the course of his 29 year career in the title insurance industry.

“Bryan understands the Orange County market as well as anyone in the industry,” said Jeff Fox, Division President of WFG Title Company of California.  “His broad industry experience and his contagious enthusiasm make him an ideal choice to spearhead our ongoing growth in the region.”

Bryan Kelley can be reached at 714-586-8409 or bkelley@wfgtitleco.com.

 

 

About WFG Title Insurance Company

WFG Title Insurance Company, a Williston Financial Group Company, is a California 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.    Built around the directive to “communicate, collaborate, coexist,” WFG 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 wfgtitleco.com.  For more information about WFG National Title Insurance Company, go to wfgnationaltitle.com.

WFG National Title Hires Florida Land Title Association Executive Director

Wednesday, October 2nd, 2013

Alan Fields will serve as national agency counsel

 

Tampa, FL  October 2, 2013      The Florida Land Title Association’s Executive Director is changing his corporate address, but he will still be working hand in hand with title agents.

Alan Fields has joined WFG National Title Insurance Company (“WFG National Title”) to serve as its National Agency Counsel. WFG National Title is a full service provider of title insurance and real estate settlement services for commercial and residential transactions nationwide.

In his position with WFG National Title, Fields will be an underwriting and legal resource for the company’s national title agencies. He will also contribute to the WFG National Title national and Florida underwriting teams.

Fields comes to WFG with 27 years of legal experience.  He was most recently the Executive Director of the Florida Land Title Association, having taken that position in 2010.  Previously, he served as Florida State Counsel for one of the industry’s largest national underwriters.  Before that, Fields served as General Counsel and in operational roles for several public and private corporations and in private practice with Dykema Gossett and, before that, Shackleford, Farrior, Stallings & Evans (both in Tampa).

Fields received his J.D. from Florida State University College of Law, where he was Editor in Chief of the school’s Law Review, and his undergraduate degree in Economics from Davidson College.

“Alan’s keen insights have led numerous title agents through a maze of legislative and legal challenges,” said Joseph Drum, Esq., Executive Vice President, Agency Division for WFG National Title.  “His creativity and leadership in today’s times warrant him coming to WFG where he will help its continued alignment with agents.”

Fields will be based in Tampa, Florida.  He may be reached at afields@wfgnationaltitle.com or 813-421-3821.

 

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 eighth largest provider of title insurance at the end of the first 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.

Santos Joins WFG National Title

Tuesday, October 1st, 2013

To be VP of Operational Enhancement in Washington 

Seattle, WA  October 1, 2013 Mel Santos has joined WFG National Title of Washington (“WFG”), a Seattle-based subsidiary of WFG National Title Insurance Company.  He will serve as Vice President of Operational Enhancement.  WFG is a national, full service provider of title insurance and real estate settlement services for commercial and residential transactions.

In his new role, Santos will develop and execute regional recruiting plans, with his primary responsibilities to include the recruitment of salespeople, escrow officers and support staff for the company’s offices in the greater Seattle area.   He has served in the title industry since 1975.  He most recently owned and operated a franchise retail business for five years, before which he was charged with the start-up and development of a national reverse mortgage lending company.  Previously, he was Vice President of Business Development with East Bay Mortgage. Before that, Santos held various positions with one of the industry’s largest title insurers for many years.

“Mel is an important addition for WFG as we continue to grow here in Washington,” said Lynn Riedel, President and Chief Operating Officer for WFG National Title of Washington.  “His strength in networking and his ability to locate and recruit the very best talent will be especially important to us and our clients as we expand in the Greater Seattle market.”

Mel will be based in the company’s Bellevue office, and can be reached at msantos@wfgtitle.com or (253) 514 – 0065 

For more information, go to www.WFGNationalTitle.com.

 

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 eighth largest provider of title insurance at the end of the first 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.

WFG National Title Adds Horvat

Tuesday, August 13th, 2013

Industry veteran to be SVP of Northwest Operations and Divisional Counsel 

Portland, OR  August 12, 2013               WFG National Title Insurance Company (“WFG National Title”) has added Robert Horvat to serve as Senior Vice President of Northwest Operations and Divisional Counsel. WFG National Title is a full service provider of title insurance and real estate settlement services for lender, commercial and residential transactions nationwide.

Horvat will primarily support WFG National Title’s Oregon and Washington title operations. In his role, he will offer underwriting, claims and general legal counsel; provide internal and outside training and support all aspects of daily operations.

Horvat comes to WFG National Title with over 27 years of experience in transactional real estate, business and finance, including a tenure as a partner with one of the largest law firms in the nation.  His expertise includes multi-million dollar commercial and residential real estate transactions as well as the formation, purchase, operation, sale, merger, conversion and liquidation of businesses.  Horvat has served as lead counsel for national and regional lenders and borrowers in sophisticated real property and asset secured financing transactions.  He is rated AV (highest legal ability and ethics rating) by Martindale-Hubbell, and has written and lectured extensively on his areas of legal expertise.

“Bob’s addition again deepens the wealth of resources we can make available to our clients,” said Joseph McCabe, Executive Vice President and General Counsel for WFG National Title. “His extensive experience in combination with his outstanding ability to communicate with peers, clients and colleagues makes him yet another strong addition to our team.”

Horvat will be based in WFG National Title’s Portland office.  He may be contacted at roberthorvat@wfgnationaltitle.com or (503) 431-8587.

 

About WFG National Title Insurance Company

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 eighth largest provider of title insurance at the end of the third quarter in 2012, less than 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.