First American Financial's primary subsidiary,First American Title Insurance ...

November 4, 1997, SANTA ANA, CALIFORNIA

The First American Financial Corporation (NYSE: FAF) announced that its primary subsidiary, First American Title Insurance Company, has opened First American Abstract & Title Services, Inc., in North Charleston, South Carolina. The announcement came from Parker S. Kennedy, president of the company.

The new office, which began operations on October 13, 1997, operates as a full-service abstract company to meet the searching needs of agents and customers in Charleston’s tri-county area of Berkeley, Dorchester and Charleston counties. The office will serve as a warehouse of title information encompassing the tri-county region to improve the efficiency, proficiency and expediency of title searching.

"Our goal is to provide this service via computerizing the title information process," says Vice President Windee A. Little. "It is the company’s objective to eventually have this be an alternative to the County RMC (Register of Mesne Conveyance), while currently complementing their processes."

The six-person office is managed by Little, whose background includes nine years in real estate development, specifically in sales/administrative management and operational activities. She is responsible for the daily operations and activities of the company and reports to Greg Scanio, vice president-state manager of South Carolina.

"In this day and age the end user wants service quick, easy and seamless," says Little. "The only way to do that is to simplify the steps, integrate the processes and rely on the technology so readily available to us."

First American Abstract & Title Services, Inc., is located at 8310 Rivers Avenue, Suite F; North Charleston, South Carolina 29406. Phone: (803) 553-3350 Fax: (803) 569-0300.

The First American Financial Corporation, based in Santa Ana, California, is the nation's leading provider of real estate-related financial and informational services. The corporation's subsidiaries include First American Title Insurance Company, a national and international title insurer; First American Real Estate Information Services, Inc., which offers tax monitoring, credit reporting, flood certification, mortgage loan servicing systems and property information services nationally; First American Home Buyers Protection Corporation, a home warranty company; and First American Capital Management, an investment firm. The corporation also operates First American Trust Company and First Security Thrift Company in Southern California. First American Financial has more than 10,000 employees in over 400 branch offices in the United States and abroad. Information about the company's subsidiaries and an archive of its press releases can be found at on the Internet.


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