Mother Lode Holding Company (MLHC) announced the expansion expansion of its Texas operation. For the first time, MLHC will be opening Texas National Title branches, the Mother Lode Texas branch in several Texas markets beginning in April 2017 under the direction of David Tandy.
“I am excited to launch Texas National Title,” said Tandy. “I have felt for a long time that there is a place for a large, well-capitalized independent agent in Texas. Due to consolidation and legal and regulatory pressures, so many agents have been acquired by publicly traded companies and underwriters. Looking at today’s landscape, we are pretty much down to small, mom and pop agents or publicly held title companies.”
Tandy continues, “I was looking for something in the middle – a company with the capabilities and resources of a large national operation, but the flexibility, local control, and employee orientation of an independently owned and operated company. MLHC is one of the largest agents in the country, with more than 800 employees. Yet, it retains and fiercely defends its culture of placing its employees first.”
MLHC hired David Tandy to be the President and CEO of Texas National Title (TNT) in July 2016.
“We are proud to launch Texas National Title, our newest endeavor, and pleased to bring David Tandy into our MLHC family to continue to serve the great state of Texas,” said Marsha A. Emmett, Chairman of the Board and CEO. “David is an excellent leader and embodies our intense focus on employees-first and foremost.”
TNT’s first branch will open in Austin in April 2017 with several other locations to open shortly after, along with locations in other soon-to-be-named cities.