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.
-
Lenders and condo market stakeholders are raising concerns that new GSE rules ending limited reviews and tightening reserve requirements could raise costs and limit access.
7h ago -
Stakeholders rely on detailed, easy-to-read reports. From including cited data to using a structured format, learn how to simplify the lending reports process.
9h ago -
The national delinquency rate ticked up seven basis points to 3.72% last month, coupled with a 10-basis-point increase in prepayment speed, according to ICE.
9h ago -
The title policy and settlement statement datasets introduce digital standards that will allow the information on forms to move as data instead of documents.
March 25 -
What was once a bipartisan and broadly popular housing bill has been weighed down with a pair of provisions that banks can't support. Even with those headwinds, the bill is more likely than not to pass, but not without drawn-out negotiations between the House and Senate.
March 25 -
Federal Reserve Gov. Michael Barr said in a speech Tuesday afternoon that he wants to see a durable and reliable reduction in consumer price inflation before he considers cutting the central bank's interest rates.
March 24









