First American Financial Corporation reports developments in title insurance, settlement services and risk solutions for real estate transactions. Recurring updates include quarterly financial results for its Title Insurance and Services and Home Warranty businesses, commercial real estate transaction activity, investment income, share repurchases and capital management.
The company also announces technology and data initiatives through First American Title, First American Data & Analytics and ServiceMac. Company news covers AgentNet and AI-assisted title tools, FraudGuard mortgage-risk analytics, valuation and information products, mortgage subservicing workflows, home warranty products, and banking, trust and wealth management services offered through its real estate transaction platform.
First American Financial Corporation (NYSE: FAF) has been recognized as one of the Best Workplaces in Financial Services & Insurance™ by Great Place to Work® and Fortune for the ninth consecutive year. The recognition was based on analysis of survey responses from over 194,000 employees in the financial services and insurance industry.
Under CEO Mark Seaton's leadership, the company has maintained a strong workplace culture focused on commitment, integrity, and teamwork. First American has also received multiple workplace recognitions in 2024-2025, including being named one of the 100 Best Companies to Work For for the tenth consecutive year and earning a perfect score of 100 on the Human Rights Campaign Foundation's Corporate Equality Index.
First American Title Insurance Company (NYSE: FAF) has expanded its fraud prevention services within the AgentNet® platform. The enhanced suite now includes advanced identity verification technology powered by Intellicheck, providing early verification of real estate transaction participants.
The expansion comes as cyber-enabled fraud losses exceeded $13.7 billion in 2024, according to FBI data. The platform's multi-layered defense combines First American's data assets with real-time identity verification, secure wire and payoff verification, and additional protection through the Eagle Policy® where available.
First American Title Insurance Company, the largest subsidiary of First American Financial Corporation (NYSE: FAF), has appointed Tara Smith as Executive Vice President of Enterprise Growth and Multi-Brand Strategy. Smith, who joined First American in 2024, will be responsible for driving growth and multi-brand strategies across the enterprise.
Smith brings over 20 years of leadership experience and previously served as group president for a publicly traded title insurance underwriter. She will also serve as executive sponsor of the company's Leadership Forum, which develops future senior leaders. Smith's background includes recognition as a HousingWire "Women of Influence" and 12 years in public accounting.
First American Financial Corporation (NYSE: FAF) has been named one of the 2025 PEOPLE® Companies that Care for the fourth time, recognizing its commitment to employees, families, and communities. The recognition was based on over 1.3 million confidential survey responses from Great Place to Work-Certified™ organizations.
The company demonstrated its community impact through significant charitable actions, including $23,000 in employee donations to the American Red Cross and $25,000 donations each to the LAFD Foundation and The Community Foundation of the Texas Hill Country in response to natural disasters. First American also received multiple workplace recognitions in 2024-2025, including being named among the 100 Best Companies to Work For for the tenth consecutive year.
First American Data & Analytics (NYSE: FAF) has launched its new Procision™ Rental AVM, an automated valuation model that provides daily-updated rental estimates for approximately 100 million residential properties nationwide. The tool covers single-family homes, condominiums, and planned unit developments.
The Procision Rental AVM leverages First American's property database and advanced modeling techniques to deliver rental valuations with high accuracy. The system provides monthly rent estimates, value ranges, and confidence scores, accessible through DataTree® and API interfaces. The tool is specifically designed for traditional rental properties, excluding short-term and vacation rentals.
First American Data & Analytics (NYSE: FAF) released its July 2025 Home Price Index (HPI) report, revealing that the New York-Jersey City-White Plains market saw a 4.4% year-over-year price increase, despite a -1.1% month-over-month decline. The national housing market showed more modest growth, with prices up 1.5% year-over-year but down -0.2% month-over-month.
In the New York metro area, price growth varied significantly by segment, with luxury homes leading at +9.8%, followed by mid-tier homes at +3.8%, and starter homes at +1.2%. The report highlighted regional divergence, with the strongest price growth concentrated in Northeast and Midwest markets, while Western and Southern markets showed weakness, with cities like Oakland (-5.8%) and Tampa (-3.9%) experiencing price declines.
First American Data & Analytics (NYSE: FAF) released its July 2025 Home Price Index (HPI) report, revealing a continued cooling in the national housing market. The report shows a -0.2% month-over-month decline and a modest 1.5% year-over-year increase in home prices, marking the slowest annual appreciation rate since March 2012.
Regional variations are significant, with the Northeast and Midwest markets showing strength, while Western and Southern markets experience declines. Pittsburgh leads with a 4.9% annual increase, while Oakland shows the steepest decline at -5.8%. The starter home segment in Pittsburgh demonstrated particular resilience with an 8.7% increase.
Chief Economist Mark Fleming attributes the cooling to limited affordability, economic uncertainty, and homeowners' reluctance to give up low mortgage rates, combined with growing inventory.
[ "Housing market cooling creates opportunity for affordability improvement as incomes may outpace price growth", "Strong performance in Northeast and Midwest markets, with Pittsburgh showing 4.9% annual growth", "Starter homes in Pittsburgh demonstrated robust 8.7% annual price growth" ]First American Financial (NYSE:FAF) released its July 2025 Home Price Index report, revealing a cooling housing market trend. The San Diego-Chula Vista-Carlsbad market experienced a 0.9% year-over-year price decline, with starter homes seeing the largest decrease at -2.3%.
Nationally, home prices showed modest growth of 1.5% year-over-year, but declined 0.2% month-over-month. Chief Economist Mark Fleming noted that limited affordability, economic uncertainty, and homeowners' reluctance to give up low mortgage rates are contributing to slower price growth amid increasing inventory.
The report highlighted significant regional differences, with the strongest price growth concentrated in the Northeast and Midwest, led by Pittsburgh (+4.9%), while Western and Southern markets like Oakland (-5.8%) and Tampa (-3.9%) showed the largest declines.
First American Financial (NYSE:FAF) released its July 2025 Home Price Index (HPI) report, revealing a cooling housing market trend. The Dallas-Plano-Irving market experienced a 0.1% year-over-year decline in home prices, while showing a modest 0.3% month-over-month increase.
The national HPI showed a 1.5% year-over-year increase but declined 0.2% month-over-month. Chief Economist Mark Fleming noted that limited affordability, economic uncertainty, and homeowners' reluctance to give up low mortgage rates are affecting demand despite growing inventory. Regional variations were significant, with the strongest price growth concentrated in Northeast and Midwest markets, while Western and Southern markets showed weakness.
First American Financial (NYSE:FAF) released its July 2025 Home Price Index (HPI) report, revealing a cooling housing market trend. The Los Angeles-Long Beach-Glendale market experienced a 0.3% year-over-year decline in home prices, with a 0.1% month-over-month decrease.
The national HPI showed a 1.5% year-over-year increase but declined 0.2% month-over-month. In the Los Angeles market, luxury tier prices rose 3.0%, while starter homes declined 0.7%. Pittsburgh led metro areas with the strongest price growth at 4.9%, while Oakland saw the largest decline at 5.8%.