First American National Default Title Services Announces New Name For Its Trustee Services Division
—LoanStar Trustee Services Changes Name to Trustee Servicing Solutions—
July 19, 2010, SANTA ANA, Calif.
First American National Default Title Services, a division of First American Title Insurance Company, announced today that it has selected the name “Trustee Servicing Solutions” as the new corporate name for its trustee services division, formerly known as LoanStar Trustee Services.
"The name Trustee Servicing Solutions more accurately reflects the broader range of products and services we offer to our customers. The name change is also reflective of our commitment to provide our business partners with a variety of solutions for their foreclosure processing needs,” said Wes Mee, president of First American National Default Title Services.
Trustee Servicing Solutions has established an office in Southern California and will transition selected functions from its Dallas operations to California. Performing functions in two locations will provide a high degree of flexibility in meeting client needs in a multi-state environment.
Trustee Servicing Solutions is a leading provider of foreclosure trustee services, managing non-judicial foreclosure cases. Its trustee services cover the states of California, Nevada, Arizona, Washington, Oregon, and Texas and follow Government Sponsored Enterprise (GSE) guidelines in performing foreclosures. Trustee Servicing Solutions’ services include direct source entry and review, foreclosure processing, loss mitigation solicitation, and title exam and curative resolution.
About First American National Default Title Services
First American National Default Title Services, a division of First American Title Insurance Company, provides the mortgage servicing industry with a variety of title insurance and information products and services in support of various default-related servicing activities. Its customizable array of loss mitigation, foreclosure, REO title, residential rental, and trustee services provides a “one-stop shop” for all aspects of the default servicing process.
About First American Title Insurance Company
First American Title Insurance Company, the largest subsidiary of First American Financial Corporation (NYSE: FAF), traces its history to 1889. One of the largest title insurers in the nation, the company offers title services through its direct operations and an extensive network of agents throughout the United States and abroad. The company has its headquarters in Santa Ana, Calif. Information about First American Financial Corporation’s subsidiaries and an archive of its press releases can be found on the Internet at www.firstam.com.