REO Executive, Sandy Hildreth, Joins First American's Information and Outsourcing Solutions Segment
—15-Year Veteran Will Manage First American’s REO Westlake Outsourcing Operations—
February 9, 2009, SANTA ANA, Calif.
First American Information and Outsourcing Solutions Segment, a member of The First American Corporation (NYSE:FAF) family of companies, announced today that Sandy Hildreth has joined the management team as vice president of REO Westlake Operations for the segment’s Outsourcing and Technology Solutions business line.
In her new role, she will be responsible for the day-to-day operations of First American’s REO location in Westlake, Texas, and is charged with expanding the company’s operations in Westlake to handle the growing demand for outsourced REO services. In addition to its Westlake location, First American also has REO operations in Denver, Colo., and Anaheim, Calif.
Hildreth most recently was an assistant vice president at Litton Loan Servicing where she created the company’s REO quality control department that was responsible for vendor scoring and performance management. Earlier, she led REO operations at Fremont Investment & Loan and joined Litton following the Fremont portfolio acquisition. During her 15-year career, Hildreth has held senior REO and operations positions at Centex Home Equity and Associates Financial Services. She has also completed the American Financial Services Association’s Management Development Program.
“We are very excited about Sandy joining our team,” said Scott Brinkley, executive vice president of First American Outsourcing and Technology Solutions. “Her impressive REO management background and default servicing expertise will be invaluable assets as we continue to expand First American’s outsourcing offerings.”
About First American
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.