This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Orion Financial Celebrates 20 Years Of Growth

SOUTHLAKE, Texas, Jan. 22, 2013 /PRNewswire/ --   Orion Financial Group, Inc., a provider of mortgage assignment, lien release and document retrieval services, announces its 20th year of successfully helping mortgage servicers and investors with their documentation needs. Since its inception in 1993, the company has grown significantly in terms of its business and revenues, according to Mike Wileman, president and chief executive officer. In the last five years alone, Orion has seen a 170 percent increase in the number of transactions it performs. In addition, the company's client base has tripled since 2008, he adds.  

Orion helps servicers and investors properly create, record, and track mortgage documents. By adding new services, continually updating its technology, and providing outstanding customer service over the past two decades, the company has solidified its position as one of the leading document services providers in the industry, Wileman notes.

"The integrity of Orion's process and our emphasis on meeting all of our client's documentation needs has fueled our growth over the past 20 years. We're looking forward to continued growth in the years ahead, and are now working on rolling out some innovative services by the end of the first quarter that will add great value to Orion's offerings," Wileman says.

"Orion has been guided by exceptional management and a clear focus on customer service, which has allowed us to thrive even when the economy and mortgage markets went through downturns," Wileman said. In the period from 2007 to 2009, over 400 mortgage-related companies went out of business, he notes. "It's a testament to Orion that we've flourished through all business cycles," Wileman says.

Wileman cites a number of additional key factors that have fueled Orion's growth and contributed to its success:

  • The creation and building of its proprietary technology management system, DocPro! ® , which generates mortgage documents in a reasonable time period while maintaining the integrity of county-specific requirements . DocPro! creates documents at a rate 50 to 75 percent faster than the industry average, empowering Orion's clients to handle significant document recording volume
  • From the executive level on down, Orion's employees have direct mortgage-related experience. The wealth of specific mortgage industry experience makes Orion an exceptional partner in providing document services, Orion's ability to customize its solutions and services means it can support clients of any size, whether small, medium or large. Its client base reflects the wide range of companies it serves
  • Orion's services are required by servicers and investors through all market cycles, and the company has moved nimbly to meet its customers' needs in all stages of the mortgage market

"While problems with documentation may become more evident when delinquencies and foreclosures are high, proper documentation is important whether the market is in an upturn or downturn. Getting it right the first time prevents problems from cropping up later, and ultimately saves our customers time and money, creating an improved return on investment (ROI)," Wileman says.

1 of 2

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 18,053.71 +23.50 0.13%
S&P 500 2,088.77 +6.89 0.33%
NASDAQ 4,806.8590 +33.3870 0.70%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs