First American Title Opens Clear2Go® Automated Title Decision Engine to Title Agents | Company

0

SANTA ANA, Calif .– (BUSINESS WIRE) – August 9, 2021–

America’s leading title insurance company , a leading provider of title insurance and settlement services and the largest subsidiary of First American Financial Corporation (NYSE: FAF), today announced that its Clear2Go ® automated securities decision engine is now available for title agents who purchase with First American. Clear2Go is based on the cutting edge technology behind First American Title’s in-house automated title production which has processed over one million residential refinancing and home equity transactions.

In today’s hectic housing market, title agents face significant capacity challenges and a demand for faster turnaround times on title engagements, combined with a continued focus on reducing debt. costs, improved accuracy and improved customer service. With Clear2Go, title agents can provide same-day title commitments on qualifying refinance or home equity transactions. Clear2Go powered title engagements are backed by First American Underwriting Rules and verified against the largest and most comprehensive collection of property and title data resources, providing added peace of mind: Title pledges meet First American quality standards. Unlike other solutions, Clear2Go was designed to meet the applicable state-level title mill requirements by including title mill data obtained from the unmatched title mill coverage. First American.

“Clear2Go is another example of First American’s commitment to leadership in the digital transformation of the titles and settlements industry,” said Evan M. Zanic, agency division president, First American Title. “Our title agent clients can benefit from proven technology that has fueled our own title production, helping them reduce costs, improve efficiency and improve the experience for their clients.”

Clear2Go automates title search, document collection and title review, allowing a title agent’s production staff to quickly create a title commitment for a qualifying residential refinance or home equity transaction. Several pilot tests with First American title agents validated Clear2Go’s ability to speed up the title production process while reducing costs and improving customer service. Clear2Go can also help title agents improve the efficiency of their title workflow and staff by segmenting title orders by complexity, allowing title agents to direct title orders to the appropriate staff members. .

To learn more about Clear2Go or to request an account, visit www.firstam.com/clear2go. For more information on First American Title, visit www.firstam.com/title.

About First American Title Insurance Company

First American Title Insurance Company, the largest subsidiary of First American Financial Corporation (NYSE: FAF), traces its history to 1889. One of the largest title insurers in the country, the company provides title services through its direct operations and an extensive agent network in the United States and abroad. First American Title offers comprehensive title insurance coverage and professional services for real estate purchases, construction, refinancing and equity loans. For more information, visit www.firstam.com/title.

About First American

First American Financial Corporation (NYSE: FAF) is a leading provider of title insurance, settlement services and risk solutions for real estate transactions with a heritage dating back to 1889. First American also provides title factory management services; title and other records and images of real estate; assessment products and services; home warranty products; banking, trust and wealth management services; and other related products and services. With total sales of $ 7.1 billion in 2020, the company offers its products and services directly and through its agents in the United States and abroad. In 2021, First American was appointed to Fortune List of the 100 Best Companies to Work for ® for the sixth year in a row. You can find more information about the company at www.firstam.com.

See the source version on businesswire.com: https://www.businesswire.com/news/home/20210809005084/en/

CONTACT: Media contact:

Marcus Ginaty

Business communication

America’s leading financial company

(714) 250-3298 Contact for investors:

Craig barberio

Investor Relations

America’s leading financial company

(714) 250-5214

KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA

INDUSTRY KEYWORD: PROFESSIONAL SERVICES RESIDENTIAL BUILDING & REAL ESTATE COMMERCIAL BUILDING & REAL ESTATE BUILDING & PROPERTY INSURANCE

SOURCE: First American Title Insurance Company

Copyright Business Wire 2021.

PUB: 09/09/2021 06:45 / DISC: 09/09/2021 06:47

http://www.businesswire.com/news/home/20210809005084/en

Copyright Business Wire 2021.

Share.

About Author

Leave A Reply