Title Order Counts

First American's Title Order Transactions by Month for U.S. Direct Title Operations

The monthly overview and historical title order data below are prepared based on the company’s production reporting system that tracks opened and closed title insurance order counts for First American’s U.S. direct title insurance operations only, which disproportionately reflect title order activity in the western U.S. The commentary and excel table do not include transaction activity from First American’s agents.

Title order updates will be posted approximately 10-12 days after the end of each calendar month.

Monthly Overview – January 2021

January total open orders were up 2% compared with December (with 19 business days in January compared with 22 business days in December) and were up 24% compared with January of last year (with 19 business days this year vs. 21 business days in January of last year). Open orders per day in January were 6,200, up 18% sequentially, and up 37% compared with last year. January purchase open orders were 2,100 per day, up 26% compared with last month, and refinance transactions were up 14% to 3,200 open orders per day. Compared with January 2020, purchase open orders per day were up 17%, while refinance transactions per day were up 76%. Total closed orders per day were 4,400 in January, down 7% on a sequential basis, and up 52% compared with January 2020. In January, the refinance share of residential transactions was 60% for open orders and 65% for closed orders.

Historical Title Order Data



PLEASE NOTE ALL NUMBERS ARE APPROXIMATE. THOUGH PREVIOUSLY REPORTED DATA MAY BE ADJUSTED PERIODICALLY, FIRST AMERICAN DOES NOT UNDERTAKE TO UPDATE DATA AFTER THE DATE ON WHICH THEY ARE GIVEN. INVESTORS ARE ENCOURAGED TO USE THIS INFORMATION WITH CAUTION.