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IQ-EQ subsidiary FNTC America acquires White Rock Group LLC

14 Mar 2024

First National Trustee Company (FNTC), an IQ-EQ Group company that serves the timeshare industry internationally, has today announced it is expanding its suite of services in the U.S.  with the acquisition by its subsidiary FNTC America (FNTCA) of White Rock Group LLC, the title agency affiliated with Hayes, Johnson & Conley (HJC).

Eck, Collins & Richardson (ECR), FNTCA’s strategic partner, has at the same time, merged with HJC. This merger allows ECR to strengthen its service offering, ensuring it can continue to support FNTCA under its strategic arrangement, allowing both to provide seamless title, trustee, foreclosure, escrow and legal services to their shared clients.

ECR is a timeshare foreclosure and closing firm with over 50 years’ experience serving the timeshare industry. ECR have offices in Orlando, FL; Richmond, VA; Charleston, SC; and San Antonio, TX and Arkansas.

Part of the IQ-EQ Group, FNTC is a world-leading provider of business solutions and legal structures to timeshare developers, helping deliver the best infrastructure for fractional or shared ownership resorts and vacation clubs. It owns property in excess of $2 billion on behalf of its clients and protects the interests of over 650,000 consumers worldwide via trust structures and other solutions. FNTC’s U.S. subsidiaries include FNTCA and Vacation Ownership Title Agency (VOTA).

“We’re thrilled to welcome the WR team to the Group,” said Declan Kenny, Chief Executive of FNTC. “Combining the scope and talent of our subsidiary VOTA with WR strengthens our ability to serve our timeshare clients. This together with the merger of ECR and HJC enables us to offer our clients a single source solution for all their title, trustee, foreclosure, escrow, recording and financing needs.”

Chris Conley, who has led WR and HJC since 2017, commented: “Joining the FNTC team gives us the opportunity to accelerate our growth plans, provides access to proprietary technology and expands our team of seasoned experts who will help us better serve our clients’ needs.”

Working with IQ-EQ has been seamless – you and your team understand our business, advise us appropriately, and handle your side of our collective partnership so that we can focus on making good investment decisions. Evan Gibson SVP, Merchants Capital

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