Tag Archives: First American

First American Title Insurance Company recently introduced a new Mortgage Services division, which will address the title, settlement, and valuation needs of residential originators with national retail platforms. The new business unit will replace two legacy divisions of First American Title Insurance Company: National Lenders Advantage and Equity Loan Services.

First American Financial Corporation reported Tuesday that its net income during the second quarter was $33.8 million, or 32 cents per share. The Q2 profit posted by the title insurance and settlement company follows its spin-off from CoreLogic just two months ago and represents an 18 percent increase compared to a year earlier. First American says its average revenue per order increased 20 percent, thanks to a shift in the order mix to higher premium resale transactions.

First American National Default Title Services, a division of First American Title Insurance Company, announced this week that it has added two key team members to its trustee servicing and sales divisions. Cathe Cole-Sherburn has joined the company as SVP of the Trustee Servicing Solutions division (formerly LoanStar Trustee Services). Milt Baker has been appointed SVP of the Western States Trustee Sale Guarantee division.