SANTA ANA, CA-First American Title Insurance Co., a provider of title-insurance and settlement services and the largest subsidiary of First American Financial Corp., has released its commercial real estate version of myFirstAm. The Web portal is designed to streamline processes through the provision of title-order information, property data and other tools and resources involved in completing a commercial real estate transaction.
The primary feature of the portal, which can be accessed online at www.myFirstAm.com, is that it brings together three of First American’s technologies—EaglePro Classic, EaglePro2 and FASTWeb—into one solution. In addition, a new title and escrow order view provides instant access to important file details, and a progressive polygon map farming tool utilizes satellite mapping technology to help users locate multiple properties.
According to Sally French Tyler, EVP and divisional president of First American Title’s national commercial services division, “The myFirstAm portal for commercial real estate is an exciting new addition to our suite of products. By providing real-time order and property information, we aim to provide an increased measure of efficiency and convenience for our customers.”
Other unique features of the portal include detailed status updates on title insurance and escrow orders; access to robust property information including property characteristics, sales and tax data and aerial imagery; and industry resources designed to help commercial customers make informed decisions. The myFirstAm mobile app also allows myFirstAm users to access First American’s comprehensive property database and track order status from anywhere.
As GlobeSt.com reported in April, First American Financial Corp. has promoted Mark E. Seaton to CFO. Seaton, who was formerly SVP of finance, will replace current EVP and CFO Max O. Valdes, who is retiring after 25 years with the company. Valdes will remain with the company until March 2014 to assist with the transition.