Offering Flexible Solutions To Our Clients
Our Loss Mitigation Title Services business unit specializes in assisting various loan servicing operations with products and services that facilitate loan modifications or other loss mitigation related activities. We also assist clients who specialize in loan acquisitions that require title services and or data services when performing their due diligence. Our leading, cutting-edge technology allows us to efficiently and accurately deliver and receive the information our clients require. Our automated order and tracking system provides quality control over property reports and turnaround times. The tailored products and services we offer help servicers comply with required investor timelines and increase their workout ratio.
First American Mortgage Services offers the following services on a nationwide basis:
FirstMod™
When the influx of loan modification requests is overwhelming, Servicers need more than data to meet the demand. FirstMod is the only program that combines the connectivity, automation, and best practices of a national title underwriter to seamlessly facilitate the title report, document generation, printing/shipping, signing, and recording of loan modifications, while complying with regulatory requirements and improving the experience.
- FirstMod is aligned with a Single Point of Contact ("SPOC") initiative and direct management of third-party suppliers, to support compliance with OCC consent orders
- Electronic integration or batch file upload
- FirstMod can be customized and deployed quickly—in 30 days for most Servicers*
- Automated, high quality title information with scoring, delivered electronically in 60 seconds**
- Real-time preparation of standard GSE documents and/or custom proprietary documents
- Triggered automatically and tracked electronically
- Supports three different signing choices
- We manage the entire recording of your documents
- Core services are performed by our experienced staff
* Assumes use of First American's standard formats for uploading, document generation, and data exchange; timelines for custom integrations will vary by client and can take longer
** Automation approved in 34 states and D.C. (Standard Reports available in all states)
Property Report Services
We provide a uniform report format which allows quick and efficient reviews. Our automated order tracking system and electronic product delivery provides quality control for property reports and quick turnaround times. We offer alternative order and delivery methods to meet the needs of consumers that require a custom method due to high volume levels, combined with short timelines. Our Property Report Services include the following:
- Automated Property Report with TitleSmart Technology New Product
We now offer a fully automated product to compliment your government and proprietary loan modification programs, reducing the turnaround time on reports from days to seconds. Not only do you save time, but the cost of automated reports is generally 24% less than conventional property reports. - Standard Property Report
- Limited Property Report
- 5/15/25 Year Chain of Title Report
- Property Report Data File
- Standard and Customized Report Grading Available
Click here to view a sample Property Report
Lien Priority Insurance
Our Lien Priority Insurance products reinforce that the validity, enforceability, or priority of the recorded mortgage or deed of trust has not been diminished or lost by reason of the loan modification. The product is accepted by investors who require insurance to verify they retain lien position. Our nationwide Lien Priority Insurance products include the following:
- Mortgage Priority Guarantee ("MPG")
- Balloon Mortgage Priority Guarantee ("BMPG")
- ALTA Policy, ALTA Policy (reissue rate) and Endorsement
Signing Services
Our Signing Services offer a complete solution to support the consumer's signing needs and unique situation. Our signing options allow the consumer the flexibility to choose the appropriate option with time and cost in mind. We offer three types of document signing services for your convenience:
- WebSigning
- Mobile Notary
- Mail-to-Borrower
FirstDocs Document Generation Services
FirstDocs, our new web-based document generation system, delivers a fusion of solutions that encompasses recording and regulatory document challenges in all 50 states. FirstDocs was developed from the viewpoint of the consumer, focusing on compliance, customization, consumer support, dashboard report capabilities, unparalleled speed, and the flexibility to adjust as the industry changes.
Our services offer the following:
- Comprehensive loan document menu offering a complete set of standard government sponsored enterprise ("GSE") documents
- Ability to add custom or proprietary documents to satisfy custom requirements that will meet rigid timelines
- Provides a real-time document delivery system with the ability to add-on or tie-in additional products, saving time by closing process gaps that will create efficiencies to maximize productivity
Document Recording Services
Our Nationwide Recording Services are a streamlined process that facilitates the recording of documents in all 50 states. Our centralized processing center, combined with various recording methods, creates valuable solutions to fit your needs. The recording methods include:
- Mail to County (FedEx 2-day)
- Submitted Electronically to County
- Physical County Walk-In
Document Retrieval Services
Our Document Retrieval Services provide a nationwide network of abstractors and title companies, providing the retrieval of county-certified or standard copies of recorded instruments.
Our services also offer the following:
- Recovery and preparation of intervening assignments
- Extremely responsive consumer service
- Flexible pricing arrangements
- Internet order placement and status tracking
