William Lyon Homes Expands into Mortgage and Title Services – NMP Skip to main content

William Lyon Homes Expands into Mortgage and Title Services

Phil Hall
Jul 15, 2019
William Lyon Homes, a homebuilder based in Newport Beach, Calif., has created ClosingMark Financial Group LLC

William Lyon Homes, a homebuilder based in Newport Beach, Calif., has created ClosingMark Financial Group LLC as a wholly-owned subsidiary that will provide homebuyers with products including title agency, settlement and mortgage services.
 
ClosingMark has recently begun to offer title agency services in the Central Texas, Arizona, Colorado and Nevada markets, and expects to expand its title and settlement services operations into virtually all of the company’s homebuilding markets over the next two quarters. ClosingMark has also acquired South Pacific Financial Corp., which was rebranded as ClosingMark Homes Loans Inc. an independent retail mortgage banking company based in Irvine, Calif., which will serve as the platform for building out ClosingMark’s mortgage-related services.
 
“We are excited to take the next steps in the strategic evolution of our ancillary financial services business, following up on our hiring of Brian Hale, a 35-year veteran of the mortgage business, last year to optimize and build out our financial services group, and putting us in position to have a full suite of in-house financial services available to our homebuyers by the end of the year,” said Matthew R. Zaist, the company’s president and CEO. “Under Brian’s leadership, ClosingMark will be committed to providing competitive financial services and outstanding customer service to support the needs of our homebuyers and complement our homebuilding operations, while providing an additional source of earnings for the company.”

 
Published
Jul 15, 2019
Redfin 2Q Revenues Up, Profits Down

Company officials said that in the third quarter they expect total revenue between $590 million and $627 million.

Industry News
Aug 05, 2022
Mutual of Omaha Mortgage Announces Wholesale Division

Loans available through its own platform and in partnership with ReadyPrice, LenderPrice, and Loansifter.

Industry News
Aug 05, 2022
MISMO Seeks Public Comment On 3 eMortgage Resources

Updates proposed to MISMO Business Glossary, eMortgage Glossary, and eModification Reference Flyer.

Regulation and Compliance
Aug 05, 2022
Deal With Opendoor Allows Zillow Back Into iBuying Business

As it releases rough 2Q earnings report, Zillow announces partnership with former rival.

Tech
Aug 04, 2022
Rocket Companies' Earnings Plunge 94% In 2Q

Mortgage originations fell 59% year over year, while rate lock volume fell 65%.

Industry News
Aug 04, 2022
Remembering Steven Schnall, Quontic Bank CEO

Schnall died in a motorcycle accident while on his way back from a biking trip to Canada. 

Industry News
Aug 04, 2022