First American Financial
First American Financial provides title insurance, settlement services, and a range of specialized services to facilitate real estate transactions.
Services
First American Financial provides a range of services to facilitate real estate transactions. These include title insurance and settlement services designed to ensure a smooth transfer of property ownership. The company also offers specialized services like home warranty, trust services, and subservicing solutions through ServiceMac™. Its integrated document technology solutions through Docutech® support mortgage, home equity, and consumer lending. First American's SAFEvalidation® service helps protect against wire fraud by authenticating payee and bank account information.
Data and Analytics
Through First American Data & Analytics, the company delivers comprehensive real estate data that helps businesses make informed decisions and minimize risk. DataTree.com provides access to the largest land record database in the nation, while the Data Trace service offers automated title plant information, document imaging, and tax information services for title companies. The ClarityFirst® platform assists in commercial real estate transaction management and property data provision, enhancing the decision-making process for industry professionals.
Home Warranty
First American Home Warranty is a significant service offered by the company, covering a home's major systems and appliances. This service employs a network of pre-screened and qualified contractors to ensure reliable repairs and replacements. Aimed at providing homeowners with peace of mind, First American Home Warranty helps mitigate the financial strain associated with unexpected home repairs, making homeownership more manageable and less stressful.
Platforms for Real Estate Professionals
First American provides several specialized platforms that cater to real estate professionals. The AgentNet® platform equips title agents and approved attorneys with tools like eJackets and closing protection letters to streamline their workflow. FirstAm IgniteRE™ offers a suite of tools for real estate professionals to engage clients and find properties effectively. Additionally, the company's ClarityFirst® platform supports commercial real estate transaction management, while First American Exchange Company facilitates tax-deferred exchanges under Section 1031 of the Internal Revenue Code.
Sustainability and Social Responsibility
First American emphasizes sustainability and social responsibility through its various initiatives. The company's sustainability practices align with core values such as integrity, commitment, service, leadership, and teamwork. The Planet First Council oversees environmentally-focused projects and engages employees on ESG topics. FirstAmCares supports employees' contributions to various causes, reflecting the company's commitment to community involvement and positive social impact.