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  • Zillow replaces CEO Spencer Rascoff with original CEO Rich Barton

    In what can only be categorized as a shocking development, Zillow Group announced Thursday that Spencer Rascoff is stepping down as the company’s CEO, a position he’s held since 2010. Rascoff, who helped found Zillow, took over as CEO in 2010 for Rich Barton, who served as the company’s first CEO and is also a co-founder. And Zillow isn’t looking too far to find Rascoff’s replacement, as the online real estate giant announced that Barton is returning to serve as CEO again. Click the headline to read more.

Items Tagged with 'First American Corp.'


  • So, Where Will Housing Double Dip?

    I'm going to spend today's column presenting the results of some ad-hoc research I've recently been doing, looking at where we can expect a double-dip in housing to hit the hardest -- and whether it's enough to matter in the context of the national mortgage market.
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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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  • First American CoreLogic Launches iPhone App

    First American Corporation’s [stock FAF][/stock] First American CoreLogic division launched RealQuest, a free iPhone application. The new app can access mobile market data including property values, foreclosure information and housing trends on more than 140m residential properties. The software also has interactive maps that locate properties in the listings.
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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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  • 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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  • Former Freddie CFO Lands at First American

    Former Freddie Mac [stock FRE][/stock] CFO Anthony "Buddy" Piszel has been named chief financial officer and treasurer at the First American Corp. [stock FAF][/stock], after leaving the ailing GSE in late September amid a management shake-up after the mortgage giant was taken over by its regulator.
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  • Seasonal Weakness Drives Down September Home Prices

    (Update 1 clarifies Radar Logic Inc.'s company status as unaffiliated with First American Corp.) Home prices continued to fall in local markets across the nation in September, according to a monthly Housing Market Report released Monday by New York-based Radar Logic Inc. Seasonal trends, distressed-sale discounts and a generally weak market were said to have driven the declines in 23 of the 25 Metropolitan Statistical Areas (MSAs) Radar Logic tracks.
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  • First American Sub Rolls Out Loss Mit Outsourcing

    First American Loan Production Solutions, one of a seemingly endless stream of subsidiaries of the First American Corporation [stock FAF][/stock], said earlier this week that it had expanded its borrower identification data and workout options and launched a complete loan modification solution for strapped servicers struggling to manage an influx of troubled borrowers.
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