First American Title is offering customers a free property title monitoring and fraud alert service, citing growing concerns about real estate crime and identity-based property theft. The service alerts homeowners to new public record filings — such as deeds or liens — that could affect property ownership. Losses tied to cybercrime exceeded $13.7 billion in […]
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Falling mortgage rates during the third quarter of 2025 were certainly a boon for the Big Four title insurance firms who all saw title insurance revenue rise year-over-year during the quarter. At First American, which released its earnings in late October, company-wide revenue was up 41% annually to $2.0 billion, while net income rose to
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Nationally, existing home sales remain muted even as housing inventory grows, according to a new First American analysis of the 75 largest U.S. metropolitan areas. Inventory in July was nearly 20% higher than a year ago, yet the flow of new listings rose only 5% compared with 2024. That distinction matters, said Odeta Kushi, deputy
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First American Data & Analytics has released an automated valuation model that estimates monthly rent for residential properties nationwide. The product — called Procision Rental AVM — updates daily on roughly 100 million properties, including single-family homes, condominiums and homes in planned-unit developments. It provides rental estimates, value ranges and confidence scores for use by
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First American Title Insurance Co. has introduced a generative artificial intelligence (AI) tool designed to streamline how title agents access underwriting and compliance information. The new feature — called AgentNet Assist — integrates with the company’s AgentNet platform and is now rolling out to First American’s policy-issuing title agents nationwide. AI tools allow agents to
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Title Resources Group (TRG) has named industry veteran Kevin Wall as its new CEO, effective July 28. Wall will also join the company’s board of directors. J. Scott McCall, the company’s current CEO, will transition to vice chairman of the board. Wall brings more than 30 years of experience in title insurance and settlement services.
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The cost of owning a home in the U.S. has jumped sharply in recent years, reaching an average of more than $1,700 per month in 2023 — a 17% increase since 2020 — according to an analysis by First American senior economist Sam Williamson. Using the most recent U.S. Census Bureau data, Williamson found that
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