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FAF News and Press, First American Corporation From 08/18/22

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Company Name: First American Corporation
Stock Symbol: FAF
Market: NYSE
Website: firstam.com

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FAF - First American Data & Analytics Introduces Procision(TM) Automated Valuation Model Suite

Procision Uses Machine Learning and a Blended Ensemble Modeling Approach to Produce Highly Accurate Valuations Tailored to Client Needs First American Data & Analytics , a division of First American Financial Corporation (NYSE: FAF) and a leading national pro...

FAF - Housing Market May Be Entering 'The Great Normalization,' According to First American Potential Home Sales Model

—Slowing sales are a symptom of a housing market that’s coming off of a two-year pandemic-influenced frenzy and settling into a pace that’s more in line with historical norms, says Chief Economist Mark Fleming — First American Fina...

FAF - Endpoint Unveils Solutions to Support Proptech Companies and Investors Searching for a Scalable Digital Closing Platform

Endpoint’s national reach and local expertise makes it easy to integrate full-service title and escrow without the cost of operating a standalone company Endpoint , the digital title and settlement company built from the ground up to make closing real estate t...

FAF - First American Financial Corporation's (FAF) CEO Ken DeGiorgio on Q2 2022 Results - Earnings Call Transcript

First American Financial Corporation (FAF) Q2 2022 Earnings Conference Call July 28, 2022, 11:00 am ET Company Participants Craig Barberio - VP, IR Ken DeGiorgio - CEO Mark Seaton - EVP & CFO Conference Call Participants Mark DeVries - Barclays ...

FAF - First American Financial Non-GAAP EPS beats, revenue misses, $400M share buybacks announced

First American Financial press release ( NYSE: FAF ): Q2 Non-GAAP EPS of $1.97 beats by $0.37 (vs. $2.13 in prior-year quarter). Revenue of $2.07B (-8.4% Y/Y) misses by $50M . Board approved a $400M share repurchase authorization. For further details see:...

FAF - First American Financial Reports Second Quarter 2022 Results

First American Financial Corporation (NYSE: FAF), a premier provider of title, settlement and risk solutions for real estate transactions and the leader in the digital transformation of its industry, today announced financial results for the second quarter ended June 30, 2022. Cur...

FAF - First American Financial Q2 2022 Earnings Preview

First American Financial ( NYSE: FAF ) is scheduled to announce Q2 earnings results on Thursday, July 28th, before market open. The consensus EPS Estimate is $1.60 (-24.9% Y/Y) and the consensus Revenue Estimate is $2.12B (-6.2% Y/Y). Over the last 2 years, FAF has b...

FAF - Rising Mortgage Rates May Trigger an 'Arms' Race for Home Buyers, According to First American Real House Price Index

—M ore first-time home buyers may choose ARMs because the lower mortgage rate gives them a purchasing power ‘boost’ over the 30-year, fixed-mortgage rate, says Chief Economist Mark Fleming— First American Financial Corporation (N...

FAF - Housing Market Potential Adjusting to Post-Pandemic Norm, According to First American Potential Home Sales Model

—As the housing market adjusts to a post-pandemic norm with higher mortgage rates, housing market potential will subside from recent highs, but those highs were the exception and not the norm, says Chief Economist Mark Fleming — First American F...

FAF - Ensemble Capital Management - First American: At Its Lowest Valuation In Over A Decade

First American makes money for each home sale, refinance transaction or commercial real estate transaction they participate in. Refinance transactions have fallen dramatically, but we’ve long expected this to happen. We believe that near term declines in real estate transac...

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