First American Names Mark Fleming Chief Economist
New Enterprise-wide Role Will Provide Valuable Analysis on Real Estate and Mortgage Landscape
November 12, 2014, Santa Ana, Calif.,
First American Financial Corporation (NYSE: FAF), a leading global provider of title insurance, settlement services and risk solutions for real estate transactions, today announced the addition of Mark Fleming as the company’s chief economist. In his enterprise-wide role, Fleming will provide valuable commentary on and forecasting of trends in the real estate and mortgage markets. As one of the nation’s largest title insurance and settlement service providers, First American’s comprehensive real estate information and team of experts will provide Fleming with unique opportunities for research and analysis.
“Mark’s analytical expertise will be a great addition to our team as we continually seek to increase the value we provide our customers,” said Dennis J. Gilmore, chief executive officer at First American Financial Corporation. “We believe his insights will produce information that can help our customers better navigate today’s dynamic real estate environment.”
Fleming’s research expertise primarily includes real estate and urban economics, applied econometrics and mortgage risk. As a trusted and influential voice with 20 years of experience in the mortgage and property information business, Fleming is frequently quoted by national news outlets and industry trade publications such as The Wall Street Journal, The New York Times and Housing Wire, and is a regular guest on high-profile broadcast news channels, including CBS, CNBC, Fox Business News and NPR.
More recently, Mark developed insights and analytical products as chief economist for a large real estate data and analytics company. Earlier in his career, he developed property valuation models while serving as principal economist at Fannie Mae. Fleming graduated from the University of Maryland with a Master of Science and a doctorate in agricultural and resource economics and holds a Bachelor of Arts in economics from Swarthmore College. He lives and works in the Washington, D.C. area.
About First American
First American Financial Corporation (NYSE: FAF) is a leading provider of title insurance, settlement services and risk solutions for real estate transactions that traces its heritage back to 1889. First American also provides title plant management services; title and other real property records and images; valuation products and services; home warranty products; property and casualty insurance; and banking, trust and investment advisory services. With revenues of $5.0 billion in 2013, the company offers its products and services directly and through its agents throughout the United States and abroad. More information about the company can be found at www.firstam.com.