First American Mortgage Solutions Named Approved Vendor for Fannie Mae’s Day 1 Certainty™ Program

Lenders now have seamless access to Fannie Mae’s comprehensive data validation solution, including income, employment and asset verification, through First American FraudGuard®


October 3, 2017, Santa Ana, Calif.

First American Mortgage Solutions, LLC, a part of the First American family of companies, today announced it is one of a few vendors able to offer data verification for all three components of Fannie Mae’s Desktop Underwriter® (DU®) validation service and Day 1 Certainty™ through First American FraudGuard®.

First American Mortgage Solutions is now an authorized supplier for 4506-T tax transcript service for IRS income verification. It is also a distributor for income and employment verification, as well as asset verification.

“Our comprehensive verification solution provides lenders with one source to get representation and warranty relief on validated loan components from Fannie Mae,” said Kevin Wall, president of First American Mortgage Solutions. “By accessing all three reports in a streamlined workflow, lenders will benefit from greater speed and efficiency, supporting their efforts to enhance the borrower experience.”

Key benefits include:

  • Single source for Day 1 Certainty through the DU®  validation service
  • Easy access to all three verification reports through First American FraudGuard®
  • Ability to order individually or as a suite
  • Faster reviews with FraudGuard analytics and combined reporting

“We are excited to assist lenders in maximizing the value of the Day 1 Certainty program, so they can deliver more loans faster with confidence,” said Wall. “Transforming the future of the mortgage industry requires alignment across all stakeholders and we are excited to be part of this collaboration.”

For more information, visit here.

*”Day 1 Certainty” and “Desktop Underwriter” are registered trademarks of Fannie Mae.

About First American Mortgage Solutions

First American Mortgage Solutions, a part of the First American family of companies, provides comprehensive solutions for residential lenders and servicers covering the entire loan spectrum. First American Mortgage Solutions, together with First American’s broader capabilities, serves as a single source for title and settlement, data and analytics, fraud and verification, regulatory compliance, valuation and collateral risk, quality control, fulfillment services, and default services. More information about First American Mortgage Solutions can be found at https://www.firstam.com/mortgagesolutions.

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 total revenue of $5.6 billion in 2016, the company offers its products and services directly and through its agents throughout the United States and abroad. In 2016 and again in 2017, First American was named to the Fortune 100 Best Companies to Work For® list. More information about the company can be found at www.firstam.com.

###

myFirstAm®

Access the powerful online services available only at First American.

Sign In
Forgot Username or Password?

Sign Up

Sign up for a myFirstAm® account.

Other Platforms

  • myFirstAm®

    Track orders, calculate fees, and set milestone alerts.

  • FASTWeb

    Title ordering, routing and tracking.

  • AgentNet®

    eJackets, closing protection letters, back title, bulletins and more.

  • DataTree.com

    Access the nation's largest land record database.

  • Home Warranty

    Coverage for a home's major systems and appliances.