Among First American’s strategic investments over the last year were: October 2015: Announced the completion of its union with Interthinx, including ACI. The union expanded Mortgage Solutions.
· First American Bank added to the holdings in JPMorgan Chase & Co by 112.34%. The purchase prices were between $66.51 and $87.13, with an.
First american financial corp. is set to acquire Interthinx, a provider of mortgage fraud analytics technology and tools, for $155 million, in a deal that would put the title insurer in.
We knew the consolidation was going to continue. That means more big mergers and acquisitions. To this end, Bloomberg is reporting that First American Financial Corp., the second-largest U.S. title insurer, agreed to buy Interthinx Inc. from Verisk Analytics Inc. for $155 million to add data that serves the mortgage industry.
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"We are very pleased to welcome Interthinx to the First American family," said Dennis J. Gilmore, chief executive officer of First American Financial Corporation.
First American Financial Corporation, a global provider of title insurance, settlement services and risk solutions to participants in real estate transactions, announced the signing of an agreement Feb. 6 with Verisk Analytics Inc. to acquire Interthinx Inc. Interthinx is a provider of loan quality analytics, decision support tools and loan review services for the mortgage industry.
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First American financial corporation (nyse: faf), a leading global provider of title insurance, settlement services and risk solutions for real estate transactions, today announced the completion of its acquisition of Interthinx, Inc., a leading provider of loan quality analytics, decision support tools and loan review services for the mortgage industry, from Verisk Analytics, Inc. (Nasdaq: VRSK).
The second largest title insurer in the United States is buying a well-regarded mortgage data firm in order to boost its analytical power. The seller, on the other hand, is focusing on other.
"The integration of Interthinx’s analytic services with First American’s title and settlement processes will benefit our lender customers, as they work to meet the demanding loan-quality.
Santa Ana Firm Acquires Agoura Hills’ Interthink. Interthinx will beef up First American’s services providing fraud prevention, identity and income validation, and collateral adequacy on home mortgages. First American Chief Executive Dennis Gilmore said the acquisition was prompted by market and regulatory changes that have stiffened.
Dimont announces sweeping senior management changes Management is all over the place. The company makes promises they don’t keep. I’ve seen the company change hands several times and on the last change we were told to lie to the new buyers so they would think the company was in better condition that it is. We have a lot of meetings where nothing is accomplished.