TheMReport

August 2016 - Turning Knowledge Into Power

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TH E M R EP O RT | 41 RISK&DUEDILIGENCEGUIDE Special Advertising Section COMPANY DESCRIPTION Long established as a premier provider of title insurance and settlement services, First American Mortgage Solutions has evolved with the times to deliver solutions for the entire life cycle of a residential loan. Its unique position in the marketplace is backed by First American's legacy of innovation, leadership, and stability that has endured since 1889. In addition to delivering quality loans and a superior consumer experience, today's lenders and servicers must also provide greater oversight and responsibil - ity for their third-party vendor relationships. The se- lection of qualified providers that can deliver proven solutions for addressing clients' specific needs and business issues is essential. BUSINESS LINES, SERVICES, AND PRODUCTS First American Mortgage Solutions' continuum of full- service solutions includes an array of options that can be tailored to fit the needs of various business chan- nels within an organization. Its team of experienced and highly-skilled underwriters, loan auditors, and servicing experts enables First American to offer a single-source solution for virtually every lending need: • Loan sale/MSR purchase due diligence • Contract: processing, underwriting, closing • Correspondent fulfillment • Post-close quality control • Pre-funding quality control • Servicing quality control • MERS audits • Special projects KEY FEATURES/BENEFITS First American Mortgage Solutions provides a vast array of products and solutions to the mortgage origination marketplace, all of them focused on helping clients maintain compliance, turn fixed costs into variable costs, and eliminate risk. The company covers the entire loan origination process, including title and settlement services, world-class data and property research tools, risk and fraud manage - ment, property valuations, and fulfillment solutions. Dedicated The company prefers a "dedicated team" approach to underwriting and fulfillment. The cornerstone of this model is a dedicated lead who becomes intimately familiar with each engagement's nuances and each client's loan products, credit guidelines and expectations. The dedicated team provides a single point of contact who is empowered to resolve issues that arise during the engagement and offer the best level of support possible. Worldwide First American Mortgage Solutions has offices around the world, enabling them to leverage their global workforce and assign work based on the specific skill set needed. With four primary operations centers, they have the planned redundancy, time zone coverage, and ability to scale to any client's needs. Quality-Minded First American Mortgage Solutions is committed to the Pursuit of Certainty in Lending™, which means it adopts the highest quality standards and takes measurement and change management to the next level. A business-wide Lean Six Sigma initiative has benefited clients in the form of improved internal and external relationships, as well as greater efficiency and effectiveness. Full-Service First American Mortgage Solutions leverages its entire suite of products and services as part of its loan-review engagements. Client requests for property valuation, title insurance, fraud screening, property data or other services can be seamlessly incorporated into loan reviews, saving the client time and money, while adding convenience. KEYS TO SUCCESS Throughout its history, First American Mortgage Solutions has remained dedicated to the values and standards by which it conducts business. These values, along with the outstanding individuals who embody them, are what keep the company growing, thriving, and continually providing the products and services one would expect from an industry leader. INDUSTRY AWARDS, ACCOLADES, AND MILESTONES Fortune ® 100 best companies to work for in America (2016): First American's people-first focus and shared values have established a workplace experience that encourages exceptional service, innovation, and happy and engaged employees. ISO 9001:2008 Quality Management Certified (2015): Awarded to First American Mortgage Solutions' origination and servicing businesses, this industry-ag - nostic standard sets criteria for quality management systems (QMS) and gives independent, third-party validation to their continual improvement efforts. SOC1 Report (2016): First American's SOC1 report demonstrates their dedication to delivering a secure technology infrastructure and commitment to adhering to industry best practices to manage their world-class data center. KEY PERSONNEL Kevin Wall President Brett Waterman SVP, Division Operations Todd McGowan SVP, Director of Origination Operations STAFFING Over 1,750 employees CONTACT INFORMATION 3 First American Way Santa Ana, CA 92707 Phone: 800.525.3633 Web: www.firstam.com/ mortgagesolutions/ First American Mortgage Solutions, LLC, and its affiliates, make no express or implied warranties respecting the information presented and assume no responsibility for errors or omissions. Title insurance and settlement services are provided by First American Title Insurance Company, an affiliate of First American Mortgage Solutions, LLC. First American, the eagle logo, and firstam.com are reg- istered trademarks or trademarks of First American Financial Corporation and/or its affiliates. First American Mortgage Solutions

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