Posts Tagged ‘mortgage industry’

News Radio Interview with Patrick F. Stone: Brian Bushlach’s Business Briefing on 750KXL

Sunday, September 9th, 2012

Segment 1: Patrick Stone, President and CEO of Williston Financial Group (WFG) and WFG National Title Insurance Company, and Brian Bushlach discuss their views on Ben Bernanke’s latest announcements.  Listen Now!

Segment 2: Economic expert Patrick Stone speaks with Brian Bushlach about Fannie and Freddie, past, present and future as well as the current state of the housing market.  Listen now!

Segment 3: Patrick Stone gives Brian Bushlach discuss the “Financial Cliff,” and predictions for the market.  Listen now!

News Radio Interview with Patrick F. Stone: Brian Bushlach’s Business Briefing on 750KXL

Sunday, August 12th, 2012

Segment 1: Patrick Stone, President and CEO of Williston Financial Group (WFG) and WFG National Title Insurance Company, and Brian Bushlach discuss the home inventory shortage, distressed home situation and where the market might be heading.  Listen Now!

Segment 2: Economic expert Patrick Stone speaks with Brian Bushlach about the bottom of the mortgage industry, bonds and securities, and the European market. Listen now!

Industry Trends: In the Year 2016…

Thursday, October 27th, 2011

Five bold predictions for the mortgage industry in the not-too-distant future.
By Patrick Stone and J. William Moody

Predicting the future of the mortgage industry is a dicey proposition at best. There are an endless confluence of factors: market trends and shifts; market and regulatory reaction to the events of the past several years; adjustments to these events by industry participants; fundamental changes to the way the industry is regulated; and even basic demographics…

Click here to read the full article that appeared in Mortgage Banking’s October 2011 issue.

WFG National Title Maintains Financial Stability Rating®

Monday, September 26th, 2011

Title Insurer Again Awarded A′ Financial Stability Rating® by Demotech, Inc.

Santa Barbara, CA - September 26, 2011 – WFG National Title Insurance Company (“WFG National Title”) has maintained its Financial Stability Rating® of A’ (A Prime), Unsurpassed, from Demotech, Inc.  WFG National Title is a national, full service provider of title insurance and real estate settlement services for lender, commercial and residential transactions. The Williston Financial Group family of title insurers is currently licensed and operating in 40 jurisdictions nationwide.

This is the second consecutive year in which WFG National Title has been assigned a Financial Stability Rating® of A’ (A Prime), Unsurpassed. “WFG National Title has worked very hard to maintain its financial stability in a very uncertain market,” said Executive Vice President, Joseph Drum, Esq.  “Our highest priority is to serve as a reliable resource for our partners and agencies, and we have done so by making careful decisions and employing sound strategy in our financial planning.”

A Financial Stability Rating® (FSR) is a leading indicator of an insurer’s financial stability. FSRs are based upon a series of quantitative ratios and considerations which together comprise Demotech’s Financial Stability Analysis Model. FSRs are accepted by several government sponsored enterprises, including Fannie Mae, Freddie Mac and various programs of the United States Department of Housing and Urban Development (HUD), mortgage lenders, as well as a number of umbrella and agents errors and omissions insurance markets.

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

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 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.  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.

About Williston Financial Group, LLC
Williston Financial Group, LLC is a holding company and the parent of multiple real estate and mortgage services firms.  Wholly-owned subsidiary WFG Lender Services provides title, closing and settlement services for mortgage lenders nationwide.  Wholly-owned subsidiary, 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.  Built around the directive to “communicate, collaborate, co-exist,” WFG National Title Insurance Company 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 www.WFGNationalTitle.com.

New Player in Title Insurance – Inman News

Monday, July 26th, 2010

Acquisitions give WFG a national presence

By Matt Carter, Inman News

There’s room for another national player in title insurance, according to Patrick Stone, president and CEO of a startup that aims to join the ranks of the big four title insurers before the end of the decade.

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Industry Newcomer Opens Doors to National Headquarters – The Title Report

Sunday, July 25th, 2010

A new underwriter to take to the market opened the doors to its national headquarters in Lake Oswego, Ore. With 200 employees and plans to operate in 40 states before the end of the year, the company is planning to use the current market to grow rapidly.

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A Look at the Future of the Title Agent – The Title Report

Monday, July 12th, 2010

Industry veteran Patrick Stone offered his insight on what’s to come for title agents in the ever-changing real estate landscape during his session at the National Settlement Services Summit. Read on for his predictions in the first of a two-part series on the discussion.

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WFG National Title Insurance Company Earns Financial Stability Rating® of A′ (A Prime), Unsurpassed, from Demotech, Inc.

Thursday, July 1st, 2010

Columbus, Ohio, July 1, 2010: WFG National Title Insurance Company has earned a Financial Stability Rating® (FSR) of A′ (A Prime), Unsurpassed, from Demotech, Inc. This level of FSR is assigned to insurers who possess unsurpassed financial stability related to maintaining positive surplus as regards policyholders, liquidity of invested assets, an acceptable level of financial leverage, reasonable loss and loss adjustment expense reserves and realistic pricing. 

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Emerging Underwriter Opens Headquarters in Oregon – ALTA

Thursday, June 24th, 2010

Williston Financial Group and its wholly owned subsidiary, WFG National Title Insurance Co., opened their national headquarters in Lake Oswego, Ore. WFG is currently licensed and operating in 33 states. The company is a full service provider of title insurance and real estate settlement services for lender, commercial and residential transactions.

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Lake Oswego Title Insurer is on Expansion Binge, CEO Says – The Oregonian

Wednesday, June 23rd, 2010

By Jeff ManningThe Oregonian 

Six months after quietly opening its doors, title insurance startup WFG National Title Insurance Co. is up and running in 33 states and employs 200 people — 80 of them in Oregon. 

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