Mortgage Servicing

First American, Fannie Team to Cut Foreclosure Costs 

First American National Default Title Services will provide national foreclosure title products to Fannie Mae [stock FNM][/stock] in an effort to decrease the cost of foreclosure. The streamlined cost efficiencies will make it easier for servicers to tackle the increasing flow of default mortgages and where possible help homeowners reinstate their loans and retain their homes.