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Spring Mountain Escrow Corp

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BUSINESS
December 17, 1991 | ANNE MICHAUD, SPECIAL TO THE TIMES
Two escrow companies that have competed for 30 years for dominance of the real estate market in Riverside and San Bernardino counties said Monday that they have agreed to merge. Spring Mountain Escrow Corp. of Newport Beach will combine its 30 offices with the 14 offices of Riverside-based Courtesy Escrow Service Inc. The merged entity will operate under the Spring Mountain Escrow name. Financial terms were not disclosed.
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BUSINESS
December 17, 1991 | ANNE MICHAUD, SPECIAL TO THE TIMES
Two escrow companies that have competed for 30 years for dominance of the real estate market in Riverside and San Bernardino counties said Monday that they have agreed to merge. Spring Mountain Escrow Corp. of Newport Beach will combine its 30 offices with the 14 offices of Riverside-based Courtesy Escrow Service Inc. The merged entity will operate under the Spring Mountain Escrow name. Financial terms were not disclosed.
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BUSINESS
September 24, 1987
Spring Mountain Escrow Corp. of Newport Beach is purchasing the escrow department of Security Pacific National Bank, according to sources close to the bank. The sale price was not disclosed, and spokeswomen for both companies declined to comment. But the sources said the transaction is expected to be completed next week. Spring Mountain is the largest independent escrow company in Southern California, with 115 employees and 20 offices.
BUSINESS
September 24, 1987
Spring Mountain Escrow Corp. of Newport Beach is purchasing the escrow department of Security Pacific National Bank, according to sources close to the bank. The sale price was not disclosed, and spokeswomen for both companies declined to comment. But the sources said the transaction is expected to be completed next week. Spring Mountain is the largest independent escrow company in Southern California, with 115 employees and 20 offices.
BUSINESS
September 5, 1994
* Frank E. O'Bryan has been appointed to the board of directors of First American Financial Corp. in Santa Ana and to the board of its principal subsidiary, First American Title Insurance Co. He succeeds Harold Kean, who retired last year. O'Bryan is chairman of the Spring Mountain Group, whose subsidiaries include Spring Mountain Escrow Corp. and Pioneer Savings and Loan Assn.
BUSINESS
November 18, 1988
Taking advantage of a favorable real estate market, Spring Mountain Escrow Corp. in Newport Beach is expanding its operations into Northern California with plans to open 10 offices from Redding to Monterey. The new offices will give the firm 55 offices statewide and make Spring Mountain one of the larger escrow companies nationwide, said Frank O'Bryan, the firm's owner and president. He said the company also hopes to open offices in Hawaii and Nevada in the near future.
BUSINESS
April 25, 1990 | James S. Granelli, Times staff writer
The plans for growth at Spring Mountain Group in Newport Beach are coming fast. The holding company's main subsidiary, Spring Mountain Escrow Corp., announced that it expects to double its branches in the next three years by opening 40 offices in Northern California, starting with six new offices by July. The escrow firm has hired Ted D. Gregory as senior vice president and regional manager for the Northern California operation.
BUSINESS
September 23, 1994 | James S. Granelli, Times staff writer
It seemed like a perfunctory announcement. Veteran Orange County businessman Frank O'Bryan recently became a director of First American Financial Corp., a company that has a board heavily laden with big players in real estate and other businesses. But the Santa Ana company, the nation's second-largest title insurance company, picked up a director whose business was being wooed by rival Fidelity National Financial Corp., which operates the nation's fifth-largest title carrier.
BUSINESS
March 20, 1990 | JAMES S. GRANELLI, TIMES STAFF WRITER
Abandoned twice by suitors in recent years, Orange County's smallest thrift, Pioneer Savings & Loan, finally has tied the knot with the Spring Mountain Group in Newport Beach, the new owner disclosed Monday. Spring Mountain, whose primary subsidiary is Spring Mountain Escrow Corp., won state and federal regulatory approvals late last week to purchase Pioneer, said Christine Sanderson, the group's president. The new owner will take control next Monday, she said.
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