First American Financial Corp. has announced the rebrand of its data division as the First American Data & Analytics Division, bringing together advanced analytic solutions for title automation, fraud risk management, compliance and valuation.
The division remains at the forefront of innovation, leveraging technology and data to deliver best-in-class decisioning solutions to the real estate, mortgage, title and PropTech industries.
“The new brand reflects the significant investments we’ve made to further solidify our industry leadership in data and technology, providing an expanded offering of solutions under the trusted First American brand,” says Dennis J. Gilmore, CEO of First American.
“Combining our unmatched data assets and solution suite with the most experienced team of experts, the division is uniquely suited to support the needs of established, industry-leading companies and innovative proptech businesses, as the real estate industry further embraces digital transformation,” he adds.
First American Data & Analytics’ solutions have been awarded over 20 patents for title automation, loan risk assessment, online platforms, optical character recognition and data extraction. Using proprietary document data extraction technology, First American collects, extracts and curates high-quality property-related data, such as mortgages, deeds, assignments, liens, etc.
The division currently maintains the largest geographic collection of title plants, representing a dataset of more than 7 billion recorded documents, and adds more than 5 million new document images and more than 20 billion data elements each month to the dataset.
Clients use First American solutions through a variety of platforms, APIs and integrations with technology providers.
“Our mission is to provide our customers with the most flexible access to unique real estate information through our innovative solutions and award-winning service,” says Robert Karraa, president of First American Data & Analytics.
Photo: Robert Karraa