First American Mortgage Solutions Debuts CleanFile Solutions™ to Help Lenders
Perfect and Complete Collateral Files
—Industry’s richest recorded document repository combined with authoritative mortgage expertise
helps provide certainty from the day a loan is closed through final disposition—
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.
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Media Contact:
First American Financial Corporation
Marcus Ginnaty
Corporate Communications
(714) 250-3298
or
Investor Contact:
First American Financial Corporation
Craig Barberio
Investor Relations
(714) 250-5214
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