Title Order Counts

First American Title's Order Transactions By Month For 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 - December 2014

December total open orders were up 2% compared with November (given there were 22 business days in December compared with only 18 in November), and were up 4% compared with December of the prior year (with 1 additional business day in December 2014).  Open orders per day in December were 3,700, down 16% sequentially, and down 1% compared with December 2013. December purchase open orders were 1,400 per day, down 18% compared with last month, while refinance transactions were down 13% to 1,500 per day. Compared with December 2013, purchase open orders per day were down 5%, while refinance transactions per day were up 23%. Total closed orders per day were 3,300 in December, down 1% sequentially and down 5% compared with December 2013. In December, the refinance share of residential transactions increased, compared with last month, to 52% for open orders and 46% for closed orders.

In the fourth quarter, open orders per day were 4,300, down 8% compared with the third quarter of 2014, and closed orders per day were 3,200, down 4%. In the current quarter, purchase open orders per day were down 21% sequentially, while refinance open orders were up 7%.

For the full year 2014, open orders per day were 4,600, down 17% compared with last year, and closed orders were 3,200, down 26%. In 2014, purchase open orders per day were down 1% compared with last year, while refinance open orders were down 32%. The refinance share of residential transactions in 2014 was 44% for open orders, compared with 53% in 2013.

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