First American Corporation

Federman & Sherwood Investigates First American Financial Corporation for Data Breach

Retrieved on: 
Giovedì, Giugno 13, 2024

The law firm of Federman & Sherwood has initiated an investigation into First American Financial Corporation (NYSE: FAF) with respect to their recent data breach.

Key Points: 
  • The law firm of Federman & Sherwood has initiated an investigation into First American Financial Corporation (NYSE: FAF) with respect to their recent data breach.
  • On December 18, 2023, First American Financial Corporation identified unauthorized activity on certain of its information technology systems.
  • Upon detection of the unauthorized activity, First American Financial Corporation took steps to contain, assess, and remediate the incident, including isolating its systems from the Internet.
  • First American Financial Corporation also launched an investigation to determine the nature and scope of the incident, worked with law enforcement, notified certain regulatory authorities, and eradicated the actor from its network.

‘Higher-for-Longer’ Cools House Price Appreciation, According to First American Data & Analytics Monthly Home Price Index Report

Retrieved on: 
Martedì, Maggio 21, 2024

First American Data & Analytics , a leading national provider of property-centric information, risk management and valuation solutions and a division of First American Financial Corporation (NYSE: FAF), today released its April 2024 Home Price Index (HPI) report.

Key Points: 
  • First American Data & Analytics , a leading national provider of property-centric information, risk management and valuation solutions and a division of First American Financial Corporation (NYSE: FAF), today released its April 2024 Home Price Index (HPI) report.
  • House price growth reported in last month’s HPI for February 2024 to March 2024 was revised up 0.1 percentage points, from 0.9 percent to 1.0 percent.
  • “Nationally, price appreciation for starter homes continues to outperform other price tiers.
  • “Starter-tier prices are increasing year over year by more than 10 percent in St. Louis, Miami and Pittsburgh."

First American Financial Corporation Declares Quarterly Cash Dividend of 53 Cents Per Share

Retrieved on: 
Martedì, Maggio 21, 2024

First American Financial Corporation (NYSE: FAF), a premier provider of title, settlement and risk solutions for real estate transactions and the leader in the digital transformation of its industry, today announced that its board of directors has declared a quarterly cash dividend of 53 cents per common share.

Key Points: 
  • First American Financial Corporation (NYSE: FAF), a premier provider of title, settlement and risk solutions for real estate transactions and the leader in the digital transformation of its industry, today announced that its board of directors has declared a quarterly cash dividend of 53 cents per common share.
  • The cash dividend is payable on June 17, 2024 to shareholders of record as of June 10, 2024.

Mother Lode Holding Company Acquires Wisconsin Title Service Company Inc. and Its Sister Company

Retrieved on: 
Lunedì, Maggio 13, 2024

The acquisition included Wisconsin Title Service Company’s sister company, Wisconsin Title Closing Service, Inc., as well as its title plants in Milwaukee, Waukesha, Walworth and Washington counties.

Key Points: 
  • The acquisition included Wisconsin Title Service Company’s sister company, Wisconsin Title Closing Service, Inc., as well as its title plants in Milwaukee, Waukesha, Walworth and Washington counties.
  • “We are pleased to welcome Wisconsin Title Service Company into the Mother Lode family,” said Lisa Steele, chief operating officer of Mother Lode Holding Company.
  • Customers of Wisconsin Title Service Company will benefit from enhanced underwriting resources and access to other industry-leading capabilities for residential transactions.
  • Wisconsin Title Service Company President Carrie Hoyer and Vice President Mark Ciborowski will continue to lead the company, which will now operate as a wholly owned subsidiary of Mother Lode Holding Company.

First American Title’s IgniteRE™ Earns Gold at The American Business Awards® in Real Estate Management Solution Category

Retrieved on: 
Giovedì, Maggio 2, 2024

More than 3,700 nominations from organizations of all sizes and in various industries were submitted to the 2024 American Business Awards in a wide range of categories.

Key Points: 
  • More than 3,700 nominations from organizations of all sizes and in various industries were submitted to the 2024 American Business Awards in a wide range of categories.
  • For example, FirstAm IgniteRE’s Neighborhood Insights feature is reinventing neighborhood discovery, providing real estate professionals all the tools they need to become neighborhood experts through a single platform.
  • More than 300 professionals worldwide participated in the judging process to select this year’s Stevie Award winners.
  • Details about The American Business Awards and the list of 2024 Stevie winners are available at www.StevieAwards.com/ABA .

First American Senior Commercial Real Estate Economist Xander Snyder Named a HousingWire 2024 Rising Stars Award Winner

Retrieved on: 
Martedì, Aprile 30, 2024

First American Financial Corporation (NYSE: FAF), a premier provider of title, settlement and risk solutions for real estate transactions and the leader in the digital transformation of its industry, today announced that Senior Commercial Real Estate Economist Xander Snyder was named a winner of HousingWire’s 2024 Rising Stars awards, which honors industry leaders under the age of 40 for their innovative and valuable contributions to the mortgage, real estate and fintech industries.

Key Points: 
  • First American Financial Corporation (NYSE: FAF), a premier provider of title, settlement and risk solutions for real estate transactions and the leader in the digital transformation of its industry, today announced that Senior Commercial Real Estate Economist Xander Snyder was named a winner of HousingWire’s 2024 Rising Stars awards, which honors industry leaders under the age of 40 for their innovative and valuable contributions to the mortgage, real estate and fintech industries.
  • His research and commentary address the state of the commercial real estate market in a way that is easily consumable and informative, positioning First American as a valued source for economic perspective.
  • "Through Rising Stars, HousingWire has identified these leaders who are making their mark with leadership qualities and innovative ideas.
  • The future will look different, and I'm confident these Rising Stars will play prominent roles in housing's forward evolution.”

House Price Growth Continues to Cool in March, According to First American Data & Analytics Monthly Home Price Index Report

Retrieved on: 
Martedì, Aprile 16, 2024

First American Data & Analytics , a leading national provider of property-centric information, risk management and valuation solutions and a division of First American Financial Corporation (NYSE: FAF), today released its March 2024 Home Price Index (HPI) report.

Key Points: 
  • First American Data & Analytics , a leading national provider of property-centric information, risk management and valuation solutions and a division of First American Financial Corporation (NYSE: FAF), today released its March 2024 Home Price Index (HPI) report.
  • House price growth reported in last month’s HPI for January 2024 to February 2024 was revised up 0.3 percentage points, from 0.7 percent to 1.0 percent.
  • “Starter home price appreciation will continue to face upward pressure in a ‘higher-for-longer’ market.
  • “Starter-tier prices are increasing year over year by more than 10 percent in Nassau County, N.Y., Pittsburgh, Miami and New York.”

Digital Lending Market size to record USD 19.14 billion growth from 2023-2027, Rise in adoption of cloud-based digital lending servicing software offerings is one of the key market trends, Technavio

Retrieved on: 
Venerdì, Aprile 19, 2024

The digital lending market is experiencing rapid growth due to cloud-based loan servicing.

Key Points: 
  • The digital lending market is experiencing rapid growth due to cloud-based loan servicing.
  • In the rapidly evolving digital lending market, financial security is a top priority.
  • In the Digital Lending Market, financial institutions leverage technology to process loan applications, assess creditworthiness, and disburse loans digitally.
  • Digital Lending Market  is fragmented ; the companies are competing with competitors and are trying to get greater market share.

First American Financial Announces First Quarter 2024 Earnings Conference Call

Retrieved on: 
Lunedì, Aprile 8, 2024

First American Financial Corporation (NYSE: FAF ), a premier provider of title, settlement and risk solutions for real estate transactions and the leader in the digital transformation of its industry, today announced that it will host a conference call on Thursday, April 25, 2024, at 11 a.m. EDT.

Key Points: 
  • First American Financial Corporation (NYSE: FAF ), a premier provider of title, settlement and risk solutions for real estate transactions and the leader in the digital transformation of its industry, today announced that it will host a conference call on Thursday, April 25, 2024, at 11 a.m. EDT.
  • The call will follow the release of the company’s earnings results for the first quarter of 2024 on Wednesday, April 24 after the close of regular trading.
  • An audio replay of the conference call will be available through May 9, 2024 by dialing 201-612-7415 and using the conference ID 13745815.
  • An audio archive of the call and a copy of the first-quarter 2024 earnings release, including the financial information contained therein, will also be available on First American’s investor website.

First American Named One of the Fortune 100 Best Companies to Work For by Great Place to Work® and Fortune Magazine for Ninth Year in a Row

Retrieved on: 
Giovedì, Aprile 4, 2024

This marks the ninth consecutive year that First American has earned a place on the Fortune 100 Best Companies to Work For list.

Key Points: 
  • This marks the ninth consecutive year that First American has earned a place on the Fortune 100 Best Companies to Work For list.
  • “Nine straight years ranked among the nation’s best workplaces is a recognition of our enduring culture,” said Ken DeGiorgio, CEO, First American Financial Corporation.
  • To determine the 100 Best Companies to Work For, Great Place To Work selected the list using rigorous analytics and confidential employee feedback from more than 1.3 million U.S. employees from Great Place To Work Certified ™ companies with at least 1,000 workers.
  • Great Place to Work® and Fortune Magazine also recognized First American as one of the Best Workplaces in Financial Services & Insurance ™ for the seventh consecutive year in 2023.