DSNews The homepage of the servicing industry
""WFG Lender Services"":http://wfgls.com/ (WFGLS), a provider of title insurance and real estate settlement services for lender real estate transactions, acquired ""Valutrust Solutions, LLC"":https://www.valutrust.com/ (Valutrust), a national mortgage services and technology development business based in Overland Park, Kansas.
[IMAGE]By purchasing Valutrust, WFGLS is able to expand its product offerings in two ways. For one, it extends the company's menu of services to include appraisal management in all 50 states.
[COLUMN_BREAK]In addition, the Valutrust technology platform provides lenders the capability to manage all mortgage related services.
For example, Valutrust's proprietary platform integrates with clients' loan origination systems, which enables lenders to manage third party lending activity such as appraisal management, collateral review, flood certifications, 4506 tax returns, as well as title and closing services, according to a company release.
""This transaction will provide our loan originators the most elegant and efficient platform for ordering and tracking appraisals, title and other components of the mortgage transaction. Our lending client will now be able to order and track all phases of the entire loan process using what we believe to be the nation's most comprehensive platform for appraisal and title transaction management,"" said Patrick Stone, president and CEO of WFGLS parent company Williston Financial Group.
Lance Melber, co-founder and CEO of Valutrust, added, ""The Valutrust Portal drives efficiencies for our clients, saving them time and money. In combining our resources with WFGLS, we look forward to building an even stronger experience for our clients.""
