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Spring Mountain Escrow Group

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BUSINESS
November 21, 1989 | GREGORY CROUCH and JAMES S. GRANELLI, TIMES STAFF WRITER
Two county thrifts--Pioneer Savings & Loan in Newport Beach and Constitution Federal Savings & Loan in Tustin--have tentatively agreed to be sold, according to S&L officials and documents. Spring Mountain Escrow Group--headed by Newport Beach financier Frank O'Bryan--has filed an application with the state Department of Savings and Loan to buy Pioneer from Rancho Mirage home builder James F. Deane. Pioneer has not had a profitable year since it opened in 1985.
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BUSINESS
August 3, 1999 | DARYL STRICKLAND
Now that Heritage Escrow Co. of Irvine has acquired Spring Mountain Escrow, creating the nation's largest independent escrow firm, work has begun on trying to merge the firms. The combined companies, which act as third-party agents in residential and commercial transactions, consist of 23 branches and 240 employees, and accounted for 25,000 closings last year.
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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
June 27, 1990 | JONATHAN WEBER, TIMES STAFF WRITER
Spring Mountain Escrow Corp., which bills itself as the nation's largest independent escrow company, Tuesday announced a major thrust into the Northern California market with the purchase of Bank of America's escrow business. Terms of the transaction were not disclosed. Spring Mountain, based in Newport Beach, said it will open 20 new offices in Northern California by the end of the year.
BUSINESS
June 27, 1990 | JONATHAN WEBER, TIMES STAFF WRITER
Spring Mountain Escrow Corp., which bills itself as the nation's largest independent escrow company, Tuesday announced a major thrust into the Northern California market with the purchase of Bank of America's escrow business. Terms of the transaction were not disclosed. Spring Mountain, based in Newport Beach, said it will open 20 new offices in Northern California by the end of the year.
BUSINESS
August 3, 1999 | DARYL STRICKLAND
Now that Heritage Escrow Co. of Irvine has acquired Spring Mountain Escrow, creating the nation's largest independent escrow firm, work has begun on trying to merge the firms. The combined companies, which act as third-party agents in residential and commercial transactions, consist of 23 branches and 240 employees, and accounted for 25,000 closings last year.
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
November 21, 1989 | GREGORY CROUCH and JAMES S. GRANELLI, TIMES STAFF WRITER
Two county thrifts--Pioneer Savings & Loan in Newport Beach and Constitution Federal Savings & Loan in Tustin--have tentatively agreed to be sold, according to S&L officials and documents. Spring Mountain Escrow Group--headed by Newport Beach financier Frank O'Bryan--has filed an application with the state Department of Savings and Loan to buy Pioneer from Rancho Mirage home builder James F. Deane. Pioneer has not had a profitable year since it opened in 1985.
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