William Lyon Homes creates mortgage unit

William Lyon home. / Builder

ClosingMark Financial Group, LLC will operate a full suite of financial services offerings, including title agency, settlement and mortgage services.

Builder

William Lyon Homes (NYSE: WLH) on Monday announced the formation of ClosingMark Financial Group, LLC, a wholly-owned subsidiary under which the home builder intends to operate a full suite of financial services offerings, including title agency, settlement and mortgage services, for the company’s home buyers and other retail customers under the ClosingMark™ brand.

ClosingMark has recently commenced its title agency services in the Central TexasArizonaColorado and Nevada markets, and expects to expand its title and settlement services operations into virtually all of the company’s home building markets over the course of the next two quarters.

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