First American SMS Releases Streamline 5.0
—New Version of the Title and Escrow Production System Software Provides More Flexibility to Title and Escrow Offices in Automating Transactions—
June 9, 2008, IRVINE, Calif.
First American SMS (FASMS), a division of First American Professional Real Estate Services (FAPRS) and a leader in title and loan-closing software, announced today that it has released its newest version of StreamLine™ for use by title and escrow offices nationwide.
StreamLine 5.0, a closing and title production system designed to create office efficiency by better automating the real estate transaction closing process, now contains a number of enhancements aimed at providing title and escrow offices with additional flexibility and ease of use. New capabilities within the software provide additional options for different types of transaction information, such as the business transfer and 1031-exchange module. StreamLine 5.0 users will now be able to offer a more comprehensive menu of services to their real estate agent clients and provide additional opportunities to increase their own business. Streamline 5.0 also improves efficiency for users by providing integrated online faxing and desktop-based natural hazard disclosure report ordering.
Larry Davidson, president of FAPRS said, “In today’s marketplace, our customers are expected to provide a much higher level of service with fewer resources. We are committed to helping them do just that by continually improving the products and services we provide, which will enable them to work more efficiently by automating more of the processes involved in a real estate transaction. We have packed this release with a number of new features that will help our customers deliver more services to their clients even more effectively than in the past and will better position them to attract new business.”
FASMS offers a full line of software products and services and continues to invest in its partnership with more than 10,000 customers nationwide. Additional information regarding StreamLine 5.0 title and closing software may be obtained by calling 800.767.7832 or visiting www.firstamsms.com.
About The First American Corporation
The First American Corporation (NYSE: FAF) is a FORTUNE 500® company that traces its history to 1889. With revenues of approximately $8.2 billion in 2007, it is America’s largest provider of business information. First American combines advanced analytics with its vast data resources to supply businesses and consumers with valuable information products to support the major economic events of people’s lives, such as getting a job, renting an apartment, buying a car or house, securing a mortgage and opening or buying a business. The First American Family of Companies, many of which command leading market share positions in their respective industries, operate within five primary business segments, including: Title Insurance and Services, Specialty Insurance, Information and Outsourcing Solutions, Data and Analytic Solutions, and Risk Mitigation and Business Solutions. More information about the company and an archive of its press releases can be found at www.firstam.com.