Mother Lode Holding Company Acquires Wisconsin Title Service Company Inc. and Its Sister Company
13 Maggio 2024 - 3:00PM
Business Wire
—Purchase expands Mother Lode’s footprint
into Wisconsin—
Mother Lode Holding Company, a California-based provider
of title insurance, underwriting and escrow services for
residential and commercial real estate transactions and a
subsidiary of First American Financial Corporation (NYSE: FAF),
today announced the acquisition of Wisconsin Title Service Company,
Inc., a Wisconsin-based title insurance agency with a deep history
in the state. The acquisition included Wisconsin Title Service
Company’s sister company, Wisconsin Title Closing Service, Inc., as
well as its title plants in Milwaukee, Waukesha, Walworth and
Washington counties.
“We are pleased to welcome Wisconsin Title Service Company into
the Mother Lode family,” said Lisa Steele, chief operating officer
of Mother Lode Holding Company. “Their commitment to customer
service and innovation mirrors our own, providing a unique
opportunity to expand our coverage in key markets, while bringing
added capabilities to Wisconsin Title Service Company’s
clients.”
With a 75-year legacy, Wisconsin Title Service Company is a
premier brand within the state’s real estate community. The
company’s local expertise and decades-long track record of
delivering superior customer service complements Mother Lode
Holding Company’s operations. Customers of Wisconsin Title Service
Company will benefit from enhanced underwriting resources and
access to other industry-leading capabilities for residential
transactions.
Wisconsin Title Service Company President Carrie Hoyer and Vice
President Mark Ciborowski will continue to lead the company, which
will now operate as a wholly owned subsidiary of Mother Lode
Holding Company.
“Joining Mother Lode Holding Company will provide new
opportunities for our staff as we continue to provide our customers
with the same outstanding service they expect from us, with the
added value and capabilities of an industry leader,” said Hoyer.
“We’re also pleased to join a company that similarly values
fostering a world-class culture, which is reflected in Mother
Lode’s parent company, First American, being named one of the 100
Best Companies to Work For by Great Place to Work® and Fortune
Magazine for the ninth consecutive year.”
About Wisconsin Title Service Company, Inc.
Wisconsin Title Service Company, Inc. specializes in
title and closing services for residential purchase transactions.
With a 75-year legacy of providing superior customer service to the
Wisconsin real estate community, the company has offices in
Waukesha and Racine and title plants in Milwaukee, Waukesha,
Walworth and Washington counties. More information can be found at
https://wititle.com.
About Mother Lode Holding Company
Mother Lode Holding Company provides title insurance,
underwriting and escrow services for residential and commercial
real estate transactions through its 17 operating subsidiaries in
the U.S. With offices in 12 states, Mother Lode Holding Company’s
subsidiaries operate primarily in California, Idaho, Montana,
Wyoming, Texas, Arizona, Washington and New Mexico. Mother Lode
Holding Company’s principal subsidiary, Placer Title Company, was
founded in 1973. More information about the company can be found at
www.mlhc.com.
About First American
First American Financial Corporation (NYSE: FAF) is a
premier provider of title, settlement and risk solutions for real
estate transactions. With its combination of financial strength and
stability built over more than 135 years, innovative proprietary
technologies, and unmatched data assets, the company is leading the
digital transformation of its industry. First American also
provides data products to the title industry and other third
parties; valuation products and services; mortgage subservicing;
home warranty products; banking, trust and wealth management
services; and other related products and services. With total
revenue of $6.0 billion in 2023, the company offers its products
and services directly and through its agents throughout the United
States and abroad. In 2024, First American was named one of the 100
Best Companies to Work For by Great Place to Work® and Fortune
Magazine for the ninth consecutive year. The company was named one
of the 100 Best Workplaces for Innovators by Fast Company in 2023.
More information about the company can be found at
www.firstam.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20240513893495/en/
Media Contact: Marcus Ginnaty Corporate Communications
First American Financial Corporation (714) 250-3298 Investor
Contact: Craig Barberio Investor Relations First American
Financial Corporation (714) 250-5214
Grafico Azioni First American (NYSE:FAF)
Storico
Da Ott 2024 a Nov 2024
Grafico Azioni First American (NYSE:FAF)
Storico
Da Nov 2023 a Nov 2024
