First American Financial Corp., the second-largest U.S. title insurer, agreed to buy Interthinx Inc. from Verisk Analytics Inc. for $155 million to add data that serves the mortgage industry. The sale will increase 2014 earnings and is expected to be completed by March 31, Santa Ana, California.
About us. In 2014, First American acquired Interthinx. The Interthinx corporate brand has since transitioned to First American Mortgage Solutions. Be sure to follow the First American Mortgage Solutions LinkedIn page to continue to receive updates on the company’s risk mitigation products.
First American Financial Corporation, a leading global provider of title insurance, settlement services and risk solutions to participants in real estate transactions, today announced the signing of an agreement with Verisk Analytics, Inc. to acquire Interthinx, Inc., a leading provider of loan quality analytics, decision support tools and loan review services for the mortgage industry.
First American DataTree LLC, is a national provider of property data and document images to mortgage and real estate-related businesses. With a repository of more than 6 billion document images, DataTree delivers the data, property reports and document images that help bring clarity and insight to business decisions.
First American buys Interthinx. Behold the power of mortgage data. February 6, 2014. Jacob Gaffney. The second largest title insurer in the United States is buying a well-regarded mortgage data.
Abacus Federal Savings Bank found not guilty of defrauding Fannie Mae Freddie Mac: Servicers Need to Diversify Foreclosure, Bankruptcy Referrals FNMA & FHLMC recent guidelines changes for Bankruptcy and. – IMPORTANT CHANGE ANNOUNCED FROM FNMA & FHLMC. Here is a detailed outline of the recent changes from FNMA and FHLMC (fannie mae and freddie mac) reagrding their position as it relates to a customer(s) with a previous bankruptcy and even multiple bankruptcies. · NEW YORK, June 3 (Reuters) – Abacus Federal Savings Bank , which caters to the Chinese-American community in New York, New Jersey and Pennsylvania, was found not guilty of grand larceny and conspiracy on Wednesday after a three-month trial for the alleged sale of hundreds of millions of dollars worth of fraudulent mortgages to Fannie Mae, lawyers.
RBC Centura Banks, Inc. says it has purchased Birmingham-based Alabama National BanCorporation, parent company of First American Bank, for $1.6 billion. First American has 30 branches in North Alabama.
Verisk Can’t Dodge FirstAm Suit Over $155M Interthinx Buy. The case is First American Financial Corp. et al. v. Verisk Analytics Inc. et al., case number 650850/2015, in the Supreme Court of the State of New York, County of New York. –Additional reporting by Zachary Zagger. Editing by Stephen Berg.
Retail home sale prices 88% higher than California REO Foreclosures Drop 3% in May as Lenders Tackle Backlog: RealtyTrac Unemployment remains at lowest level since 2007 . which shows that the overall economic condition of Hawaii remains stable into the. In October 2017, unemployment rate registered a record low rate of 2.2. looking for jobs in October, the lowest level since January 2007.Foreclosures increased 3% from August to 347,420 properties as lenders continued to work through the shadow inventory of distressed properties, according to RealtyTrac, which monitors the filings across the country. banks repossessed 102,134 properties in September, the first time REO reached triple digits for a single month.America’s repossession capital was the desert casino city of Las Vegas, where foreclosure documents were filed on one in every 47 homes. Nevada, California, Florida and Arizona accounted for more than.
First American Mortgage Solutions provides lenders data, analytics, valuations, title, settlement, and quality control services for loan origination and servicing
Construction spending flatlines in May as homebuilding declines Bond Insurer MBIA said to experience huge data leak A data leak from the municipal bond insurance Association has. been indexed by search engines. MBIA, a company in Purchase, New York, that insures bonds and provides asset management advisory.residential construction spending year-to-date is down more than 8%. home- building peaked in April 2018 and has since declined by more than 11%.. while strong demand for new homes suggests builders may soon.2019 Housing Policy & Hispanic Lending Conference Get the latest news from the mortgage industry.. Hispanic Buyers Keeping Housing, Mortgage Markets Afloat. Conferences/Events. namb national 2019. dan Fichtler Promoted to Associate Vice President of Housing Finance Policy.
First American Financial Corporation (NYSE: FAF), a leading global provider of title insurance, settlement services and risk solutions for real estate transactions, today announced the completion of its acquisition of Interthinx, Inc., a leading provider of loan quality analytics, decision support tools and loan review services for the mortgage industry, from Verisk Analytics, Inc. (Nasdaq: VRSK).