Title Order Counts

First American Title's Order Transactions By Month For U.S. Direct Title Operations

The chart below lists approximations of opened and closed title insurance order counts for First American's direct title insurance operations for the month and year indicated. The chart does not include orders opened or closed with First American agents. Updated postings will be made approximately 12 days after month-end and will include opened, as well as closed title order transactions.

Monthly Overview - January 2015

January total open orders were up 31% compared with December (with only 20 business days in January compared with 22 in December), and were up 21% compared with January of the prior year (with 1 additional business day in January 2014).  Open orders per day in January were 5,300, up 44% sequentially, and up 27% compared with January 2014. January purchase open orders were 1,700 per day, up 27% compared with last month, while refinance transactions were up 72% to 2,500 per day. Compared with January 2014, purchase open orders per day were flat, while refinance transactions per day were up 95%. Total closed orders per day were 2,800 in January, down 14% sequentially and up 2% compared with January 2014. In January, the refinance share of residential transactions increased, compared with last month, to 59% for open orders and 51% for closed orders.

January open orders per day were 5,300, up 25% compared with the fourth quarter of 2014, and closed orders per day were 2,800, down 12%. In January, purchase open orders per day were up 8% compared with the fourth quarter of 2014, while refinance open orders were up 56%.

Title Order Count Trends

Average Orders Per Business Day

Title Order Count Trends
 The chart above shows historical title order data for the most recent 13 months.

Open Orders: Year-Over-Year Comparison

Average Orders Per Business Day

Open Orders - Year-Over-Year Comparison

Closed Orders: Year-Over-Year Comparison

Average Orders Per Business Day

Closed Orders - Year-Over-Year Comparison

ALL NUMBERS ARE APPROXIMATE. THOUGH PREVIOUSLY REPORTED DATA MAY BE ADJUSTED PERIODICALLY, FIRST AMERICAN DOES NOT UNDERTAKE TO UPDATE DATA AFTER THE DATE ON WHICH THEY ARE GIVEN. INVESTORS ARE ENCOURAGED TO USE THIS INFORMATION WITH CAUTION.

Was this page helpful?
Thanks for the info!
Share Contact us about this page
Print Font Size A A A

Email This Page

Please Contact Me

Visit a State Website