Current News

After two years of unprecedented volume, a combination of rapidly rising interest rates, decreasing affordability, and limited inventory have brought refinance originations to a screeching halt. In the wake of such a precipitous drop, it’s now more important than ever for lenders to optimize profitability by finding ways to take…

According to Black Knight, in May 2022 an average-priced home had increased in value by 42 percent since the start of the pandemic. In the first quarter of 2022 alone, tappable equity rose by $1.2 trillion, the largest quarterly gain ever recorded, skyrocketing to $11 trillion in total tappable equity…

Mortgage servicing and default management professionals, foreclosure attorneys and trustees can now order comprehensive, low-cost foreclosure information reports nationally from WFG’s top-rated Default Title Services group Portland, Ore., June 21, 2022 – WFG National Title Insurance Company’s Default Title Services division has expanded its default management offerings to include Foreclosure…

During the recent Q2 WFG Insights: Quarterly Economic Outlook webinar, WFG National Title Insurance Company Founder and Executive Chairman and co-host Patrick F. Stone addressed current market conditions, sharing his thoughts on the economy, housing supply and demand, property appreciation, rising interest rates, and the likelihood of another housing bubble.…

WFG NTIC’s expansion extends the company’s agency footprint to include Colorado, Utah, Montana and Wyoming Portland, OR, June 14, 2022 – WFG National Title Insurance Company, a division of Portland-based Williston Financial Group (WFG), and a full-service provider of title insurance and real estate settlement services for commercial and residential…

Many "experts" are calling current conditions a housing bubble and predicting a significant reset in the real estate market. But while inflation rages, rates rise and segments of the economy slow, WFG Founder and Executive Chairman Patrick Stone shares why real estate prices will remain elevated. While that doesn't mean…

In this episode of Fintech Hunting, host Michael Hammond, GD, CMT of NexLevel Advisors discusses the shift to home equity lending with WFG Lender Services and Enterprise Solutions SVP Dan Bailey. The following topics were discussed during this insightful session.   Over the last several months refinance volumes have dropped…

May 3, 2022 In a session that might have been titled “Scared Straight about Cybersecurity,” WFG National Title Insurance Company offered the 500 title agents attending its Spark22 event in March a sobering assessment of the threat cyber criminals pose to our industry. The reaction was so impassioned that the…

Inflation and high gas prices are impacting consumer spending habits. Mortgage rates have spiked to their highest levels since 2008. Supply chains are still impacted by lockdowns in China, and Russia's war on Ukraine has rocked the commodities market. Now, as the Fed raises rates to fight inflation, what will…