First American Data & Analytics Named One of the Most Innovative Technology Companies in the Housing Economy by HousingWire

Rhea-AI Summary

First American Data & Analytics, a division of First American Financial Corporation (NYSE:FAF), has been recognized by HousingWire as a 2024 HW Tech100™ winner in the mortgage and real estate categories. The company's innovative data and analytics solutions, powered by extensive property information datasets, have earned it 21 patents and positioned it as a leader in the industry.

SANTA ANA, Calif.--(BUSINESS WIRE)-- First American Data & Analytics, a leading national provider of property-centric information, risk management and advanced analytics, and a division of First American Financial Corporation (NYSE:FAF), announced today that it has been recognized by HousingWire as a 2024 HW Tech100™ winner in both the mortgage and real estate categories. This is the third year the company has been named a HW Tech100 Mortgage winner and the fourth consecutive year named a HW Tech100 Real Estate winner.

“Earning this recognition is a testament to the commitment of our people to developing industry-leading data and analytics solutions that enable our clients to make better, more informed decisions,” said Chris Flynn, head of product and strategy at First American Data & Analytics. “As an industry leader, we’re focused on remaining at the forefront of innovation to continually help our clients and their businesses seize new opportunities and grow.”

First American Data & Analytics was recognized for the best-in-class decisioning solutions it provides to leading companies in the mortgage, real estate and title industries. Powered by the industry’s largest and most complete property information and ownership datasets, the company’s solutions have been awarded 21 patents, including patents for title automation, loan-risk assessment, online platforms, optical character recognition and other data extraction technologies. Currently, the company’s datasets include more than 8 billion document images of publicly recorded property records. More than 5 million new property document images are added each month. The company provides instant access to its data and analytics through its technology platforms, including, data-as-a-service offerings with delivery via web-based applications, cloud-based solutions, APIs, bulk data, match-and-append, and licensing options.

“The technology capabilities and solutions that this year’s Tech100 winning organizations have developed are an absolute testament to the relentless innovation within the real estate and mortgage technology landscape," said Sarah Wheeler, editor-in-chief at HousingWire. “These past few years have been transformative for the industry and these honorees are continuing to bring long-awaited solutions to the challenges that mortgage and real estate professionals have struggled with for decades.”

About First American Data & Analytics

First American Data & Analytics, a division of First American Financial Corporation, is a national provider of property-centric information, risk management and valuation solutions. First American maintains and curates the industry’s largest property and ownership dataset that includes more than 8 billion document images. Its major platforms and products include: DataTree^®, FraudGuard^®, RegsData^®, First American TaxSource™ and ACI^®. Find out more about how First American Data & Analytics powers the real estate, mortgage and title settlement services industries with advanced decisioning solutions at www.FirstAmDNA.com.

About First American

First American Financial Corporation (NYSE: FAF) is a premier provider of title, settlement and risk solutions for real estate transactions. With its combination of financial strength and stability built over more than 130 years, innovative proprietary technologies, and unmatched data assets, the company is leading the digital transformation of its industry. First American also provides data products to the title industry and other third parties; valuation products and services; mortgage subservicing; home warranty products; banking, trust and wealth management services; and other related products and services. With total revenue of $6.0 billion in 2023, the company offers its products and services directly and through its agents throughout the United States and abroad. In 2023, First American was named one of the 100 Best Companies to Work For by Great Place to Work^® and Fortune Magazine for the eighth consecutive year and was named one of the 100 Best Workplaces for Innovators by Fast Company. More information about the company can be found at www.firstam.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240212154647/en/

Media Contact:

Marcus Ginnaty

Corporate Communications

First American Financial Corporation

(714) 250-3298



Investor Contact:

Craig Barberio

Investor Relations

First American Financial Corporation

(714) 250-5214

Source: First American Data & Analytics

FAQ

What division of First American Financial Corporation was recognized as a 2024 HW Tech100 winner?

First American Data & Analytics, a division of First American Financial Corporation, was recognized as a 2024 HW Tech100 winner.

How many patents has First American Data & Analytics earned for its solutions?

First American Data & Analytics has earned 21 patents for its solutions.

How many document images of publicly recorded property records does the company's datasets include?

The company's datasets include more than 8 billion document images of publicly recorded property records.

What type of solutions does First American Data & Analytics provide?

First American Data & Analytics provides best-in-class decisioning solutions to leading companies in the mortgage, real estate, and title industries.