FIRST AMERICAN’S UCC DIVISION NAMES LILITH SANCHEZ SENIOR VICE PRESIDENT AND MANAGER OF OPERATIONS
November 5, 2001, SANTA ANA, Calif.
The First American Corporation (NYSE: FAF), the nation’s leading, diversified provider of business information and related products and services, today announced that Lilith D. Sanchez has been named senior vice president and manager of operations for the company’s UCC Insurance Division.
Sanchez will be responsible for executing the division’s strategic operational plans. Her new leadership role encompasses the supervision of processing, underwriting, production and delivery of First American’s EAGLE 9TM UCC insurance product. She also will oversee customer service, financial reporting and information technology. This UCC insurance program provides commercial lenders with lien protection and priority insurance for loans secured by non-real estate assets.
A seasoned veteran in the banking industry, Sanchez gained extensive experience in commercial lending and credit analysis while working for some of the nation’s largest banks. She joined First American in 2000 when she was appointed vice president and production manager.
Since 1999, Sanchez has been actively involved with INROADS, a national organization that provides college internship programs for talented minority youths. She spent two years as a coach/mentor in the program and currently serves on the board of the Orange County chapter. Other community activities include membership in the Niguel Arts Association and the South Orange County School of the Arts Foundation forDana Hills High in Dana Point, Calif.
Sanchez graduated from the University of Southern California with a bachelor’s degree in business administration with an emphasis in finance. She currently resides in Laguna Niguel with her husband, Joemar, and daughter, Natasha.
First American, as both a title insurer and a property and casualty insurer, is the only company currently qualified to provide UCC insurance to the national commercial loan markets, estimated at more than $1 trillion annually. More information about First American’s UCC Insurance Division and the EAGLE 9TM UCC Insurance Program can be found on the Internet at www.eagle9.com.
The First American Corporation, based in Santa Ana, Calif., is the nation’s leading, diversified provider of business information and related products and services. The corporation’s three primary business segments include: title information and services; real estate information and services, which includes mortgage information services and database information and services; and consumer information and services, which provides automotive, subprime and direct-to-consumer credit reporting; direct-to-consumer public records reporting; resident screening; pre-employment screening; automobile title administration; property and automotive and insurance tracking services; property and casualty insurance; home warranties, investment advisory; and trust and banking services. Information about the company and an archive of its press releases can be found on the Internet at www.firstam.com.