Williston Financial Group and its wholly owned subsidiary, WFG National Title Insurance Co., which is headed up by title insurance industry veteran Patrick Stone, have opened their national headquarters in Lake Oswego, Ore. In the six months since Stone and his group formed the company, it has become licensed in 33 states and hired 200 employees nationwide. Stone plans to continue WFG's aggressive growth program, declaring, "It is the most opportune time in the market's history to make cost effective acquisitions. Moreover, the real estate settlement services industry has become internally focused, creating a disconnect with clients forced to adjust to a challenging market dynamic." Stone is the former president and chief operating officer of Fidelity National Financial and also served as the chief executive of Fidelity National Information Systems. He also has served as the vice chairman of Metrocities Mortgage and as a director for First American Corp.
-
Competition that impacted margins and prepayments in excess of expectations were challenges during the period, but executives report first quarter improvement.
3h ago -
VA- and FHA-backed mortgages helped drive the increase in property volume, but sales did not maintain the same pace, according to Auction.com.
7h ago -
Even with the 4 basis point rise in the 30-year fixed over the past two weeks, mortgage rates are still hovering near three-year lows, Freddie Mac said.
10h ago -
Analysts estimate Pennymac, Rocket, UWM and Loandepot will post an improved earnings per share and total loan origination volume than the same time a year prior.
10h ago -
Overall, three-quarters of those in a National Mortgage News survey believe loan production will increase during 2026, but just 15% felt strongly about it.
January 29 -
Supply chain attacks have doubled since 2021, with professional services firms increasingly acting as "stepping stones" to access bank data.
January 29




