First American Field Services introduces personal line property inspections.DALLAS--(BUSINESS WIRE)--July 15, 1996--First American Field Services, a division of First American First American may refer to:
First American Field Services has long been a leader in property reporting and inspections for mortgage companies, banks and investors. The company, based in Dallas, will provide comprehensive inspections for homeowner policies, including replacement cost calculations and high value dwelling reports. Unlike other P&C inspection providers, First American Field Services offers a flat price structure that applies to nearly all inspections, including remote properties. The company's customer ordering system enables clients to transmit inspection orders to the Dallas service center at anytime, 24 hours a day. "With the most sophisticated technology available, such as pen-based laptops, and a national network of full-time field inspectors in place, First American Field Services brings significant added value Added value in financial analysis of shares is to be distinguished from value added. Used as a measure of shareholder value, calculated using the formula:
In addition to electronic ordering and state-of-the-art EDI (Electronic Data Interchange) The electronic communication of business transactions, such as orders, confirmations and invoices, between organizations. Third parties provide EDI services that enable organizations with different equipment to connect. delivery, First American Field Services offers a unique, automated data collection capability, enabling the sorting of inspection data according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. user-defined fields. This feature allows the customer to easily isolate inspection reports that need personal attention from standard inspection results. First American Field Services is currently providing personal line inspection services for some of the largest insurance corporations in the country. "We bring vast experience and resources to the inspection industry," said Bryard Poer. "When a lender or insurance company selects us, they benefit not only from Field Services' proven track record, but from the collective resources of the entire family of First American services, including tax services, flood mapping services and mortgage credit reporting. The quality of our information is the most valuable asset to our customers." With over 165 employees nationwide, First American Field Services employs the largest salaried field inspection force in the business. The company delivers inspection results that are compatible with the standard Marshall & Swift and BOECKH and proprietary software packages. Headquartered in St. Petersburg, Fla., First American Real Estate Information Services group is a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of First American Financial Corp. (NYSE NYSE See: New York Stock Exchange :FAF FAF abbr. financial aid form ), and is a comprehensive, single-source provider of real estate services. The company provides real estate tax reporting, credit reporting, tax outsourcing and certification, property valuation and reporting, flood compliance, mortgage assignments and satisfactions and mortgage servicing Mortgage servicing The collection of monthly payments and penalties, record keeping, payment of insurance and taxes, and possible settlement of default , involved with a mortgage loan. software. Employing more than 2,000 real estate service professionals across the nation, First American serves more than 5,000 customers nationwide. CONTACT: First American Inger Padilla, 800/449-8732 or Principal Communications Bill Campbell, 212/303-7606 |
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