First American Corporation

First American Financial Announces First Quarter 2024 Earnings Conference Call

Retrieved on: 
Monday, April 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: 
Thursday, April 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.

First American Title Enhances First-of-its-Kind Multisite Commercial Real Estate Transaction Closing Solution Within its ClarityFirst® Platform

Retrieved on: 
Monday, March 25, 2024

First American Title Insurance Company , a leading provider of title insurance and settlement services and the largest subsidiary of First American Financial Corporation (NYSE: FAF), today announced enhancements to the industry’s first multisite commercial real estate closing transaction solution, a key component within its end-to-end digital platform ClarityFirst® .

Key Points: 
  • First American Title Insurance Company , a leading provider of title insurance and settlement services and the largest subsidiary of First American Financial Corporation (NYSE: FAF), today announced enhancements to the industry’s first multisite commercial real estate closing transaction solution, a key component within its end-to-end digital platform ClarityFirst® .
  • Designed to support single commercial transactions encompassing multiple properties across multiple jurisdictions, ClarityFirst’s multisite solution provides customers and other transaction stakeholders the ability to securely upload, view and manage project documents and artifacts for multiple properties within a single platform.
  • “ClarityFirst’s multisite solution further streamlines and improves the efficiency of even the most complex commercial real estate transaction closings, bringing more speed, certainty and simplicity to the process,” said Jayson Murray, chief product and technology officer at First American’s Direct Title Group.
  • While portfolio transactions can involve thousands of documents and emails, the multisite solution brings simplicity, ease, and organization to the closing process.

Annualized Price Appreciation Slows for Second Straight Month, Falling by Almost a Full Percentage Point, According to First American Data & Analytics Monthly Home Price Index Report

Retrieved on: 
Tuesday, March 19, 2024

The First American Data & Analytics’ non-seasonally adjusted (NSA) HPI showed that nationally in February1 2024:

Key Points: 
  • The First American Data & Analytics’ non-seasonally adjusted (NSA) HPI showed that nationally in February1 2024:
    House prices increased 0.7 percent between January 2024 and February 2024.
  • “After reaching a recent peak in December, annualized home price appreciation slowed for the second consecutive month, bringing more clarity to the trajectory for price appreciation in 2024.
  • In February, our preliminary estimate of annualized appreciation dropped by almost a full percentage point,” said Mark Fleming, chief economist at First American.
  • The next release of the First American Data & Analytics House Price Index will take place the week of April 15, 2024.

First American Executive Tanya Ceperley Named a 2024 HousingWire Finance Leader

Retrieved on: 
Monday, March 4, 2024

She was specifically recognized for her skill in navigating and completing acquisitions that have played an important role in shaping the growth and evolution of First American.

Key Points: 
  • She was specifically recognized for her skill in navigating and completing acquisitions that have played an important role in shaping the growth and evolution of First American.
  • The 2024 HousingWire Finance Leaders were selected by HousingWire’s selection committee based on their professional achievements within their organizations, contributions to the overall housing economy, client impact and personal success.
  • "The executives recognized in the 2024 HousingWire Finance Leaders program represent the strategic finance leaders that unlock and empower progress.
  • The 2024 Finance Leaders exemplify excellence."

Peak National House Price Appreciation May be Behind Us, According to First American Data & Analytics Monthly Home Price Index Report

Retrieved on: 
Tuesday, February 20, 2024

The First American Data & Analytics’ non-seasonally adjusted (NSA) HPI showed that nationally in January1 2024:

Key Points: 
  • The First American Data & Analytics’ non-seasonally adjusted (NSA) HPI showed that nationally in January1 2024:
    Between December 2023 and January 2024 house prices increased 0.3 percent.
  • “The pace of annualized home price appreciation peaked in December, as buyers rushed to take advantage of falling mortgage rates.
  • The next release of the First American Data & Analytics House Price Index will take place the week of March 18, 2024.
  • The First American Data & Analytics HPI report measures single-family home prices, including distressed sales, with indices updated monthly beginning in 1980 through the month of the current report.

Knock Is First Real Estate Tech Company to Allow Its Partners and Customers to Invest Alongside Its Venture Capital Investors

Retrieved on: 
Monday, February 26, 2024

NEW YORK, Feb. 26, 2024 /PRNewswire-PRWeb/ -- Knock, the real estate technology company that has helped thousands of homeowners buy before they sell, today announced that it has launched an equity crowdfunding campaign on Wefunder – a public platform that allows individuals to invest in brands they use everyday and love long before the companies become public or get acquired. The funding round is being co-led by Second Century Ventures, the venture capital arm of the National Association of REALTORS®, and Foundry Venture Capital.

Key Points: 
  • The funding round is being co-led by Second Century Ventures, the venture capital arm of the National Association of REALTORS®, and Foundry Venture Capital.
  • "We founded Knock to democratize the home selling experience," Knock Co-Founder and CEO Sean Black said.
  • "We want to further democratize our business by giving our partner agents, loan officers and customers the opportunity to invest in Knock before a potential IPO or acquisition.
  • Through Wefunder, individuals can invest as little as $100, making it accessible for anyone to become a shareholder in Knock as a private company.

FirstFunding® Names Matt Coles National Sales Manager

Retrieved on: 
Tuesday, February 13, 2024

FirstFunding Inc. , a wholly owned subsidiary of First American Financial Corporation that provides warehouse funding to correspondent lenders, community banks, credit unions and secondary market investors, today announced the appointment of Matt Coles as national sales manager.

Key Points: 
  • FirstFunding Inc. , a wholly owned subsidiary of First American Financial Corporation that provides warehouse funding to correspondent lenders, community banks, credit unions and secondary market investors, today announced the appointment of Matt Coles as national sales manager.
  • Coles will lead the company’s sales strategy and operations, seeking to enhance the value FirstFunding delivers to existing customers and grow the sales team to help identify more opportunities to provide the company’s services to new customers.
  • “His impressive vision for how our strengths can address gaps in the warehouse funding marketplace will help attract talent and customers to FirstFunding.”
    Prior to joining FirstFunding, Coles led the sales organization at a national wholesale and correspondent lender, where he was consistently recognized for exceeding performance objectives and hiring other top-performing representatives.
  • He emphasizes the importance of networking across the industry and was named by National Mortgage Professional as one of ‘The Most Connected Mortgage Professionals of 2019.’

First American Title Named One of the Most Innovative Technology Companies in Real Estate by HousingWire

Retrieved on: 
Monday, February 12, 2024

First American Title Insurance Company , a leading provider of title insurance and settlement services and the largest subsidiary of First American Financial Corporation (NYSE: FAF), today announced that it was named by HousingWire as a 2024 HW Tech100™ Real Estate winner.

Key Points: 
  • First American Title Insurance Company , a leading provider of title insurance and settlement services and the largest subsidiary of First American Financial Corporation (NYSE: FAF), today announced that it was named by HousingWire as a 2024 HW Tech100™ Real Estate winner.
  • The HW Tech100 awards recognize the most innovative and impactful organizations in housing and the transformative impact these companies have made, propelling the real estate sector into new realms of efficiency, transparency and accessibility.
  • “This recognition reflects our commitment to leadership and innovation and the tremendous efforts of our people to bring more speed, certainty and simplicity to real estate transactions,” said Janette Waller, president of First American Title’s Direct Division.
  • “The technology capabilities and solutions that this year’s Tech100 winning organizations have developed are an absolute testament to the relentless innovation within the real estate and mortgage technology landscape," said Sarah Wheeler, editor-in-chief at HousingWire.

First American Data & Analytics Named One of the Most Innovative Technology Companies in the Housing Economy by HousingWire

Retrieved on: 
Monday, February 12, 2024

This is the third year the company has been named a HW Tech100 Mortgage winner and the fourth consecutive year named a HW Tech100 Real Estate winner.

Key Points: 
  • This is the third year the company has been named a HW Tech100 Mortgage winner and the fourth consecutive year named a HW Tech100 Real Estate winner.
  • “Earning this recognition is a testament to the commitment of our people to developing industry-leading data and analytics solutions that enable our clients to make better, more informed decisions,” said Chris Flynn, head of product and strategy at First American Data & Analytics.
  • Currently, the company’s datasets include more than 8 billion document images of publicly recorded property records.
  • The company provides instant access to its data and analytics through its technology platforms, including, data-as-a-service offerings with delivery via web-based applications, cloud-based solutions, APIs, bulk data, match-and-append, and licensing options.