New file service designed to assist title representatives decrease wire fraud threat, streamline consumer interaction with automated file and transaction updates
April 20, 2023, Santa Ana, Calif.
. Very First American Title Insurance Provider, a leading company of title insurance and settlement services and the biggest subsidiary of Very first American Financial Corporation (NYSE: FAF), today announced the addition of a safe and secure file website to its PRISM ® digital platform, an improvement that is developed to assist Very first American policy-issuing title representatives decrease wire fraud danger and streamline interaction with consumers. This new security function permits title agents to supply their clients with secure access to wire directions and deal files under the protection of multi-factor authentication, and likewise automates alerts for file and transaction updates.
“We’re committed to assisting our title agents and their consumers avoid wire scams, while likewise streamlining the realty transaction experience,” said Stephen Vincini, president of Very first American Title’s Firm Division. “With the PRISM platform and its secure file website, our title representatives can quickly and easily offer their customers higher comfort and more visibility to the status of their documents and transaction, freeing up time to focus on other organization and customer top priorities.”
Launched in 2022, the PRISM platform supplies First American policy-issuing title representatives with a variety of automation and marketing tools to assist their services grow and to better serve their customers. Easy-to-implement and economical, the PRISM platform also features integrations with third-party services to improve the efficiency and benefit of the settlement process for title representatives, lending institutions, real estate representatives, and the purchasers and sellers they serve. The PRISM platform likewise links title representatives to the following services readily available only from Very first American Title:
- Personalized marketing products through Agent Print Pro
- Home data, including transaction history and current owner details
- Automated settlement/closing cost quotes that consist of local recording charges, transfer taxes, together with title insurance plan and endorsement rates through Very first American’s Comprehensive Calculator.
To learn more about the PRISM platform, email [email protected] or visit go.PRISMpowered.com to set up an individualized demonstration.
About First American Title Insurer
Very First American Title Insurance Company, the biggest subsidiary of Very first American Financial Corporation (NYSE: FAF), traces its history to 1889. Among the biggest title insurers in the nation, the business provides title services through its direct operations and a substantial network of agents throughout the United States and abroad. Very first American Title supplies comprehensive title insurance protection and expert services genuine estate purchases, building, refinances and equity loans. To learn more, visit www.firstam.com/title. About Very first American First American
Financial Corporation
(NYSE: FAF)is a premier provider of title, settlement and threat services for real estate deals. With its mix of monetary strength and stability developed over more than 130 years, ingenious exclusive innovations, and unequaled information possessions, the company is leading the digital improvement of its industry. First American likewise provides information products to the title industry and other 3rd parties; evaluation product or services; home mortgage subservicing; home service warranty products; banking, trust and wealth management services; and other related product or services. With total profits of$7.6 billion in 2022, the business provides its services and products directly and through its agents throughout the United States and abroad. In 2023, First American was named one of the 100 Best Business to Work For by Great Place to Work ® and Fortune Magazine for the eighth consecutive year. More information about the company can be found at www.firstam.com.