A.M. Best Affirms and Withdraws Ratings of First American Homebuyers Protection Corporation.

OLDWICK, N.J. -- A.M. Best Co. has affirmed the financial strength rating (FSR) of A (Excellent) and issuer credit rating (ICR) of "a" of First American Homebuyers Protection Corporation (First American Homebuyers) (Van Nuys, CA). The outlook for both ratings is stable. Concurrently, A.M. Best has withdrawn the FSR and ICR and assigned the company a category NR-4 (Company Request) in response to management's request that it be removed from A.M. Best's interactive rating process. This request is due to First American Homebuyers' home warranty business being currently exempted from insurance law in almost all states.

First American Homebuyers is a member of The First American Corporation [NYSE: FAF], which is one of the largest providers of title insurance and real estate services in the United States. Since First American Homebuyers' premium volume makes up a modest amount of the overall revenue base of The First American Corporation, the ratings of this larger entity are not affected.

The rating affirmations reflect First American Homebuyers' solid capitalization and favorable operating results.

For Best's Ratings, an overview of the rating process and rating methodologies, please visit www.ambest.com/ratings.

Founded in 1899, A.M. Best Company is a full-service credit rating organization dedicated to serving the financial services industries, including the banking and insurance sectors. For more information, visit www.ambest.com.