First American To Host CampusMBA Mortgage Servicing School in Westlake Texas
—CampusMBA Program Will Cover Full Spectrum of Servicing and Default Operations—
March 5, 2009, Dallas
The Information and Outsourcing Solutions segment of The First American Corporation (NYSE:FAF) announced today that it will host the Mortgage Bankers Association’s CampusMBA School of Mortgage Servicing, March 24-26, at the company’s Westlake, Texas, campus.
As part of First American’s continuing commitment to its partnership with the mortgage industry, the company will host the mortgage servicing school to educate mortgage professionals on the full spectrum of servicing and default operations. CampusMBA designed the course curriculum to give students a deeper understanding of the servicer’s role in mortgage banking.
“This course enables mortgage professionals to gain greater insight into the complete spectrum of the servicer’s role in mortgage banking as well as the impact servicing and default operations have on the overall economy,” said Dennis Jankowski, vice president of First American’s Information and Outsourcing Solutions Segment.
The School of Mortgage Servicing was created for anyone desiring to further their career in the mortgage industry. Servicers, risk managers, auditors, quality control officers, liquidators and compliance officers will all benefit from the course. Each section is taught by industry experts and covers key aspects of loan administration and default management. The curriculum covers the role of servicers, functional responsibilities of various departments, the characteristics of different types of loans, risk assessment, loss mitigation strategies and vendor management. It also provides an overview of current challenges facing servicers in the current economy.
“This program is particularly timely given all the challenges the servicing industry is facing and the critical role that servicers are playing in loan modification and foreclosure prevention,” said Barry Sando, president of First American’s Information and Outsourcing Solutions Segment. “Now, more than ever, servicers need to understand best practices, what strategies are providing sustainable solutions and how predictive analytics can improve decision-making.”
For more information on CampusMBA’s School of Mortgage Servicing, including costs and registration deadlines, go to www.campusmba.org.
About First American
The First American Corporation (NYSE: FAF) is a FORTUNE 500® company that traces its history to 1889. With revenues of approximately $6.2 billion in 2008, 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.