Williston Financial Group and its wholly owned subsidiary, WFG National Title Insurance Company, have opened their national headquarters in Lake Oswego, Ore. WFG is currently licensed and operating in 33 states nationwide. The company is a full-service provider of title insurance and real estate settlement services for lender, commercial and residential transactions.
WFG President and Chief Executive Officer Patrick Stone asserts that the company is dedicated to taking time and cost out of real estate transactions. Much of this will come from focusing on the client and its processes. By enabling client processes, WFG will increase closing rates. By minimizing corporate infrastructure, WFG will avoid operating a costly hierarchical organization. Finally, Stone notes that WFG will take a collaborative approach to expediting the real estate transaction, empowering agents and industry professionals with information and technology.
In less than six months, WFG has already hired almost 200 employees nationally. Stone notes that the company plans to continue its aggressive growth nationally.
“We will be growing rapidly, as it is the most opportune time in the market’s history to make cost-effective acquisitions," said Stone. "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 completed a lengthy and distinguished career with Fidelity National Financial by serving eight years as its president, chief operating officer and director, and was also the chief executive officer of Fidelity National Information Systems. He has also been the vice chairman of Metrocities Mortgage and served as a director for First American Corporation prior to founding WFG. He is also a frequent keynote speaker at a variety of industry conferences.
Stone indicates that WFG should have offices or agents in over 40 states before the end of 2010. “We already retain some of the best and most experienced people in the industry,” Stone said, “and are actively processing a significant number of real estate transactions on behalf of our clients nationwide.”
For more information, visit www.WillistonFinancial.com.