Title Insurance Industry Mitigates Over $600 Billion in Estimated Risk Exposure Annually for Home Buyers, Lenders: New Study From First American Chief Economist
First American Corporation (New) (FAF)
Last first american corporation (new) earnings: 4/23 06:45 am
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Source: Business Wire
—Analysis finds that the role of title professionals in maintaining reliable and accurate property ownership records dramatically reduces estimated risk exposure in real estate transactions— SANTA ANA, Calif.--(BUSINESS WIRE)--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 published a data-driven analysis of the vital role that the title insurance industry plays in protecting the smooth functioning of the real estate economy in the United States.The new white paper by First American Chief Economist Mark Fleming, “What is the Risk of Not Curating Property Ownership Records?”, estimates that the title insurance industry’s work to maintain accurate and reliable property records mitigates $600 to $900 billion in risk exposure to home buyers, lenders and other participants in real estate transactions. The curative work conducted b
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FAF
Earnings
- 7/24/24 - Beat
FAF
Sec Filings
- 9/30/24 - Form 8-K
- 9/25/24 - Form 424B2
- 9/24/24 - Form 8-K
- FAF's page on the SEC website