—Industry’s richest recorded document repository combined with
authoritative mortgage expertise helps provide certainty from the day a
loan is closed through final disposition—
SANTA ANA, Calif.--(BUSINESS WIRE)--
First
American Mortgage Solutions, LLC, a
subsidiary of First
American Financial Corporation (NYSE: FAF)
and leading provider of comprehensive solutions covering the entire
residential loan spectrum, has introduced CleanFile Solutions™
to give mortgage lenders, servicers and investors complete confidence in
the quality of their collateral files. Through this offering, clients
can rely on the industry’s leading recorded document repository and
title experts to handle the meticulous and important task of identifying
and curing imperfections, thereby mitigating risk and creating
efficiencies.
CleanFile Solutions combines post-closing document management, loan
quality control, file perfection, lien release preparation and recording
in a single, vertically integrated suite. Features include document
retrieval and retention, imaging, assignment preparation, title policy
retrieval and replacement. Clients can leverage CleanFile Solutions to
complete any phase of the loan perfection process, as well as navigate
stringent regulatory requirements.
CleanFile Solutions is powered by the company’s unmatched real estate
document repository, third-party-validated commitment to quality and
deep mortgage expertise. The offering also benefits from the expertise
and resources acquired through First American’s 2016 purchase of TD
Service Financial Corp., a provider of post-closing and document
management services, along with its subsidiary Security Connections, Inc.
“CleanFile Solutions provides lenders and servicers with a unique set of
post-closing capabilities combined with the confidence of working with
First American. We now have the ability to close loan perfection gaps
and complete collateral files at whatever scale needed,” said Kevin
Wall, president of First American Mortgage Solutions. “The more we can
do for our lender and servicer clients to help achieve total loan
quality, regulatory compliance and file perfection, the more they can
focus on driving productivity and consumer satisfaction.”
For more information, visit http://firstam.us/cleanfilesolutions
or stop by First American’s booth #704 at the MBA’s National Mortgage
Servicing Conference & Expo, February 14-17, 2017, in Dallas.
About First American Mortgage Solutions
First American Mortgage Solutions, a part of the First American
family of companies, provides comprehensive solutions for residential
lenders and servicers covering the entire loan spectrum. First American
Mortgage Solutions, together with First American’s broader capabilities,
serves as a single source for title and settlement, data and analytics,
fraud and verification, regulatory compliance, valuation and collateral
risk, quality control, fulfillment services, and default services. More
information about First American Mortgage Solutions can be found at www.firstam.com/mortgagesolutions.
About First American
First American Financial Corporation (NYSE: FAF) is a leading
provider of title insurance, settlement services and risk solutions for
real estate transactions that traces its heritage back to 1889. First
American also provides title plant management services; title and other
real property records and images; valuation products and services; home
warranty products; property and casualty insurance; and banking, trust
and investment advisory services. With revenues of $5.6 billion in 2016,
the company offers its products and services directly and through its
agents throughout the United States and abroad. In 2016, First American
was recognized by Fortune® magazine as one of the 100 best
companies to work for in America. More information about the company can
be found at www.firstam.com.
View source version on businesswire.com: http://www.businesswire.com/news/home/20170214005340/en/
Source: First American Financial Corporation