Penny Roger$
13 years ago
First American Financial Corporation is engaged in the business of providing financial services. The Company operates in two segments: title insurance and services and specialty insurance. The title insurance and services segment provides title insurance, escrow or closing services and similar or related financial services domestically and internationally in connection with residential and commercial real estate transactions. It also maintains, manages and provides access to title plant records and images and provides banking, trust and investment advisory services. The specialty insurance segment issues property and casualty insurance policies and sells home warranty products. On June 1, 2010, the Company spin-off from The First American Corporation (TFAC). In September 2010, it announced the launch of its new Mortgage Services division, to address the title, settlement and valuation needs of residential originators. In November 2010, the Company acquired NAZCA Solutions, Inc.
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