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Home > Fortune 500 Companies > First American
First American
First American is a publicly traded company having a good stock performance result. First American is a fortune 500 stock listed company trading under FAF. First American founded in 1889. The First American Corporation, through its family of companies is the nation's leading provider of business information and related products and services.
Its subsidiaries operate within three complementary business segments like as title information and services, which provides insured information about real property along with technical and software solutions for the real estate industry, real estate information and services, which provides a full menu of products and services that mortgage lenders need to originate, close and service loans and consumer information which offers a broad range of credit reporting, insurance services and other informational products that operate independent of interest rate and real estate cycles. It achieves benefits of 6.72 billion dollars in 2004.
Forbes ranks First American President Parker S. Kennedy as the 5th best chief executive officer in the nation. First American ranks number 13 on Business Week's list of the top Standard & Poor's Mid-Cap 400 index stocks. Its families of companies include First American Title Insurance Company, Equity Loan Services, Exchange Corporation and Signature Services etc.
A new certificate will be issued when all the appropriate documentation, including a letter of transmittal is sent to First American Trust. You can purchase or sell FAF shares and reinvest dividends without a broker by enrolling in First American’s Dividend Reinvestment and Direct Purchase Plan. The par value of FAF common stock is 0.01 dollar.
As of March 31, 2005, FAF has 3,512 registered, individual shareholders and approximately 273 institutions holding their stock. As a percentage of shares outstanding, approximately 63 percent of FAF common stock is held by institutions. FAF's current quarterly dividend rate is 0.18 dollar per share, which equates to an annual dividend rate of 0.72 dollar per share.
First American Web Services provides one centralized site to place orders, view status, and take delivery of First American and third party settlement services. Web Services is also First American's bundled settlement services delivery platform and has enhanced features such as support for vendor management, transaction management, workflow, and guaranteed closing costs. The LA Business Journal looks at how First American's FAST Transaction System technology is changing the title industry.
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