Underwriter Appoints Industry Veteran to lead Lender Services Division

November 30, 2010

Williston Financial Group LLC (WFG) appointed William Moody as executive vice president. Moody will lead wholly-owned subsidiary New Millennium Title, WFG’s lender services division, from the division’s new headquarters in Simi Valley, Calif. He will also serve on WFG’s executive committee. WFG is a national, full service provider of title insurance and real estate settlement services for the mortgage industry.

New Millennium Title is already operating in all 50 states. The division delivers a wide range of settlement services, including title insurance and closing/escrow services, for both the commercial and residential transactions.

Moody has 34 years of experience in the mortgage and settlement services industry, most recently as founder, president and CEO of national settlement services firm Lender’s First Choice. He also spent 11 years as a president of financial services with Coast Federal Bank.

“WFG and New Millennium Title are a great fit for this market,” Moody said. “We are already serving a variety of large, medium and small national clients, and are pleased to see that flexibility, communication and responsiveness on the part of their settlement services partners are no longer luxuries in the eyes of mortgage lenders. They are now requirements. This fits our business model, which centers on communication, collaboration and co-existence.”

WFG President and CEO Patrick Stone asserts that Moody is an excellent match for the company’s approach to the market.

“Bill has tremendous experience on both the lending and settlement side of the real estate transaction. He strives to adapt his services to meet the needs of the customer, rather than forcing the customer to fit his operation,” Stone said. “At a time when mortgage lenders need flexibility and speed from their partners, Bill Moody will be an asset to New Millennium’s clients.”

Contact ALTA at 202-296-3671 or communications@alta.org.

North American Title Insurance Company (NATIC) is a seasoned title insurance underwriter, helping title agents to achieve their individual business goals for more than 50 years. Today, the company conducts real estate settlement services in 39 states and the District of Columbia through a network of experienced, independent agents.