Press release

ClosingCorp Acquires WESTvm Ordering Technology

Sponsored by Businesswire

a leading provider of residential real estate closing cost data and
technology for the mortgage and real estate services industries, and
WEST, a Williston Financial Group Company and leading provider of
technology and services to REALTORS®, brokers, title
companies and mortgage lenders, announced today that ClosingCorp has
acquired WESTvm, an innovative order management solution, from WEST.
Terms of the acquisition were not disclosed.

The first loan-centric ordering technology available in the market,
WESTvm significantly streamlines the ordering and management of critical
settlement services needed to originate or service a loan. It allows
lenders to order appraisals, flood certifications, title and closing
services, and documents in less than sixty seconds.

ClosingCorp said it is renaming the WESTvm platform as ClosingCorp Order
Management, and its fee management service, SmartFees, as ClosingCorp
Fees. Both solutions are immediately available through Ellie Mae
Encompass Digital Lending Platform and ClosingCorp’s standalone web
portals. The company will also build other third-party integrations.

“For more than a decade, lenders have turned to ClosingCorp for accurate
and reliable settlement services data. This transaction further
strengthens ClosingCorp’s position as the market leader in closing cost
information and technology,” said Bob Jennings, chief executive officer
of ClosingCorp. “Lenders will now be able to quote, order, track and
receive specific services – within a loan file – all at the click of a
button. Integrating our fees and order management solutions will help
lenders leverage automation from borrower engagement through investor
delivery and servicing.”

The solution also delivers automated vendor allocation to help drive
down costs and time of loan origination: a key deliverable in many
data-driven transformations. Having access to even more current loan
level data will enable lenders and closing agents to review and
collaborate before heading to the closing table, creating a better
overall borrower experience.

Jennings continued, “I’m pleased to welcome Lance Melber and his team to
the ClosingCorp family. They will bring additional expertise and
imagination to our leadership team.”

As part of the acquisition, ClosingCorp will continue to offer a
private-label order management solution to WEST’s customers and
partners. Commenting on the acquisition, Marty Frame, president of WEST
said, “The growth of WESTvm has been remarkable, and this transaction
with ClosingCorp will create additional distribution channels to better
serve our customers. We have been impressed with the ClosingCorp team,
and the vision we share, to deliver a more efficient and innovative
order management experience. It’s a win-win for everyone.”

Learn more about this transaction and ClosingCorp solutions at

About ClosingCorp

Headquartered in San Diego, Calif., ClosingCorp owns and operates the
premier source of intelligence for closing costs and service providers
in the U.S. residential real estate industry. Through innovative
solutions, progressive technologies and strong alliances, the company
delivers timely, accurate and transparent results that help optimize
closing processes and services for mortgage lenders, title and
settlement companies and real estate professionals. Clients rely on
ClosingCorp to help improve efficiencies and mitigate risk. For more
information, please visit

About WEST

WEST, a Williston Financial Group Company, is rebuilding the real estate
transaction from the ground up to be fast, secure, compliant and
painless. The company provides Fintech solutions that support the entire
residential real estate and mortgage transaction and provide a better
experience for REALTORS®, brokers, title companies, mortgage lenders
and, above all, the consumers they serve.

About Williston Financial Group

Williston Financial Group is the Portland, Oregon-based parent company
of several national title insurance and settlement services providers,
including WFG Lender Services and WFG National Title Insurance Company.
It is one of the fastest growing national title insurance and settlement
services providers in the mortgage and real estate services industry.