First American Financial Corporation (NYSE: FAF), a leading global provider of title insurance, settlement services and risk solutions for real estate transactions, today announced the signing of an agreement to acquire RedVision Systems, Inc., the largest independent national provider of title and real property research. RedVision, which is based in New Jersey, offers title evidence [...]
Refinance activity, fueled by historically low mortgage rates, combined with improved loan manufacturing processes are producing the lowest level of loan defects and misrepresentation that we have seen in recent history, says Chief Economist Mark Fleming. Read the full article.
First American Financial Corporation (NYSE: FAF), a leading provider of title insurance, settlement services and risk solutions for real estate transactions, today announced that company representatives will present at the Barclays Global Financial Services Conference on Tuesday, Sept. 13, 2016 at 3:30 p.m. EDT at the Sheraton New York Times Square Hotel in New York [...]
Historically low real house prices, increases in jobs, rising wages, low mortgage rates and greater credit availability are fueling consumer optimism about the housing market, says Chief Economist Mark Fleming. Read the full article.
First American’s proprietary Existing-Home Sales Capacity (EHS-C) model provides a gauge on whether existing-home sales are under capacity or over capacity based on current market fundamentals. For the month of August, the EHS-C rate increased by 0.4 percent compared to July and decreased by 1.1 percent compared to a year ago. The seasonally adjusted, annualized [...]
This week, the Federal Reserve has its September meeting where it could potentially decide to increase interest rates for the first time since 2008. The CME FedWatch Tool measures the market’s expectation of Fed target rates.Currently, the market-estimated probability of a 0.25 percent rate increase on September 17 is significantly higher than zero. Generally, it seems [...]
A variety of articles are available in First American Title's Sept. 2014 Commercial Edition News Brief. Click here to view the newsletter, that includes the following headlines. Commercial Real Estate Price Pressure Beginning to Emerge in Some Sectors, Report Finds Commercial Construction Is Back On the Drafting Board This Man Is Trying To Bring Real [...]
Earlier today, A.M. Best reaffirmed the financial strength of First American Title Insurance for which Alliant Title & Escrow are agents. OLDWICK, N.J., Jul 24, 2014 (BUSINESS WIRE) -- A.M. Best has affirmed the financial strength rating (FSR) of A- (Excellent) and the issuer credit ratings (ICR) of “a-” of the five title insurance subsidiaries [...]
Alliant Title & Escrow is an agent for First American Insurance, part of First American Financial. First American Financial Corporation (NYSE: FAF ) is a relatively small insurance company with a market capitalization of $3.0 billion, that specializes in title insurance and related services. The insurance company has a strong market position in title insurance [...]