Skip to main content

New WFG Acquisition Expands Northwest Presence

Jul 06, 2011

Williston Financial Group LLC has announced the acquisition of Northpoint Escrow & Title, an established, title, escrow and settlement services company serving Puget Sound, Snohomish, King and Pierce counties in Washington, including the Seattle and Tacoma metropolitan areas. WFG is the parent company of wholly-owned subsidiaries WFG National Title Insurance Company, WFG Lender Services and WFG Title Insurance Company, and 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 39 jurisdictions nationwide. The acquisition of Northpoint solidifies WFG’s geographic footprint within the greater Northwest. “WFG has already established itself in the Northwest, and this transaction solidifies our presence and service capabilities in greater Seattle and Tacoma, regions which constitute over 50 percent of the Washington mortgage market.” said WFG President and Chief Executive Officer Patrick Stone. “We have aggressively established our presence in Washington and Oregon because they are markets which have at times been challenging for major mortgage lenders to access without strong partners present in those regions. We also plan to maintain our aggressive expansion nationwide, as the market remains favorable for cost-effective acquisition. We are pleased with our reception so far in the national market, and remain convinced that now is an optimal time to reach out to customers disaffected by the industry’s internal focus of the past several years.” Northpoint will be absorbed into the WFG National Title Insurance Company corporate brand shortly after the finalization of the transaction.
About the author
Published
Jul 06, 2011
Looking For Change Under Every Couch?

Don’t overlook the obvious – employees have ideas for cost savings, too

Jun 10, 2024
New American Funding Announces New Cash-Offer Program

Similar to Opendoor and Homeward, NAF Cash Maps offers buyers a bidding war advantage

Jun 05, 2024
CFPB Issues Public Inquiry On Junk Fees Affecting Closing Costs

Agency seeks to understand why closing costs are up, who is benefiting, and how costs can be lowered.

May 30, 2024
STRATMOR, Teraverde Deal A 'Merger Of Equals'

The recent merger of mortgage advisory firms came without the need to lay people off or make any major staffing changes.

May 23, 2024
NEXA Pays Loan Officers 100% Of Commission Splits

LOs won't pay per-file fees or other hidden fees with NEXA100, says NEXA Founder and CEO Mike Kortas.

May 22, 2024
The Right Prescription

‘Doctor Loans’ making healthy strides in Florida

May 21, 2024