Lionel Savage Named Vice President of First American's Mortgage Information Services Segment
August 21, 2003, 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 Lionel Savage has been named vice president of the company’s Mortgage Information Services segment.
Savage is a seasoned veteran of the mortgage industry, with 15 years of service at Fannie Mae. “Lionel will be a terrific addition to First American and will provide invaluable support for our initiatives at a national level working with Fannie Mae, Freddie Mac and other Washington, D.C.-based entities,” said Joe Reppert, vice chairman of the Mortgage Information Services segment.
While at Fannie Mae, Savage was the recipient of numerous corporate awards for performance, customer service and leadership. His background includes positions in mortgage operations; the MORNETPlus technology group, where he was instrumental in managing a production environment that significantly increased Fannie Mae’s production efficiency; and as a charter member of the Operations Consulting Group, which provides a variety of services to assist customers in handling transactions from acquisition to default. Savage also had an integral role in Fannie Mae’s redesign of small- to midsize-lender relationships.
Savage was recently named to the board of directors of Residential Mortgage Corporation of Landover, Md. He also is actively involved with a number of programs for the children in his community. He volunteers as a leader with Youth Against Peer Pressure, a ministry of From The Heart Ministries of Temple Hills, Md.; and also participates in weekly youth mentoring activities and contributes his efforts to an annual week-long Youth Institute.
Savage graduated from Ben Franklin University in Washington, D.C., with a bachelor’s degree in accounting. He currently resides in Fort Washington, Md.
The First American Corporation is a Fortune 500 company that traces its history to 1889. As the nation’s leading diversified provider of business information, the company supplies businesses and consumers with information resources in connection with the major economic events of people’s lives, such as getting a job; renting an apartment; buying a car, house, boat or airplane; securing a mortgage; opening or buying a business; and planning for retirement. The First American Family of Companies, many of which command leading market share positions in their respective industries, operate within seven primary business segments including: Title Insurance and Services, Specialty Insurance, Trust and Other Services, Mortgage Information, Property Information, Credit Information and Screening Information. With revenues of $4.70 billion in 2002, First American has nearly 25,000 employees in approximately 1,400 offices throughout the United States and abroad. More information about the company and an archive of its press releases can be found at www.firstam.com.