WFG Expands Default Management Services
June 21, 2022
WFG National Title Insurance Co.’s Default Title Services division has expanded its default management offerings to include foreclosure information reports on a nationwide basis. This expanded service complements the organization’s existing roster of national title and closing services offered by the company’s Enterprise Solutions group.
While forbearance legislation and moratoriums had all but stopped foreclosure proceedings during the pandemic, these initiatives are now winding down and the need for foreclosure information products is making a return.
“Our Default Title Services division is committed to providing the same world-class service levels for which our parent company is known, and customizable solutions for all our clients is key to this effort, regardless of their size,” said Dean Kirchen, senior vice president at WFG. “During the last few years of moratoriums, we were focused on helping our servicing clients handle forbearances and loan modifications; however, as the market adjusts, we are shifting our focus to helping them manage foreclosure transactions more efficiently and cost-effectively. The national availability of our foreclosure information reports is a reflection of that commitment.”
WFG Default Title Services also has system integrations with the leading foreclosure platforms that enhance operational efficiency for foreclosure attorneys, trustees and mortgage servicing clients.
“We work with all of the industry’s largest foreclosure platforms to provide greater accuracy, reduce redundancy and shorten timeframes,” Kirchen said.
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