Items Tagged with 'First American Corporation'

ARTICLES

  • From HW Magazine

    Shifting view

    WFG grabs market share in an aggressive growth bid
    With control of just 1.5% of the title insurance market, Williston Financial Group is far from a household name. It is, perhaps, best described in the...
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  • First American On Track for Business Split

    As Santa Ana, Calif.-based First American Corporation [stock FAF][/stock] enters its 120th year in business; the company said it’s continuing its plan to split into two publicly traded companies as early as the first half of 2010. First American will break off its information solutions and financial services divisions into two separate companies.
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  • Appraisal, Default Services Push First Am's Profits

    Real estate data provider and insurance firm First American Corp. [stock FAF][/stock] earned $70.3m ($0.75 per share) in Q209, from $19.6m in Q208. The company’s information and outsourcing solutions sector showed strong growth, with revenue up 34% to $259.7m from Q208. The increase was due in part to an increased volume of appraisal services and default servicing.
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  • First American CoreLogic Acquires BasePoint Analytics

    First American CoreLogic, a subsidiary of real estate services conglomerate The First American Corporation [stock FAF][/stock], said Wednesday morning that it has acquired BasePoint Analytics, LLC, a well-known provider of predictive analytic fraud and risk management solutions for the mortgage and global banking industries.
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  • First American Posts Q1 Return to Profit

    Business information provider The First American Corp. [stock FAF][/stock] posted $36m in net quarterly profit -- or 38 cents per share -- for Q109 from $29.3m in the year-ago period. The quarter's return to profit compares with $67m in net losses posted in Q408. "The company benefited from a surge in origination and default-related transaction activity, as well as continued expense reductions," says chair and CEO Parker Kennedy in the earnings statement.
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  • First American Posts $67 Million Loss

    The First American Corp. [stock FAF][/stock] on Thursday reported a $66.9 million -- or 72 cents per share -- net loss in the fourth quarter, driven by $50.7 million in increased reserves, $13.7 million in intangible asset impairments and $11.3 million in employee separation and other restructuring costs. This compares with an $8.3 million net loss posted in the third quarter. The Santa Ana, Calif.-based title insurer and real estate information services giant posted a $26.3 million net loss for all of 2008, up dramatically from the $3.1 million net loss in 2007.
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  • JPM Servicing Exec Jumps to First American

    Experienced servicing executives are in high demand during the current cycle, and for large vendors such as the First American Corp. [stock FAF][/stock], the experience of seasoned professionals is a critical part of competing in the suddenly-super-hot default servicing sector.
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