First American and Mortgage Bankers Association to Partner with the Dallas Area Habitat for Humanity for Home Building Project
February 22, 2011, Dallas
The First American Financial Corporation and the Mortgage Bankers Association (MBA) have partnered with Dallas Area Habitat for Humanity to assist in Habitat’s most recent homebuilding project at the Cedar Creek Ranch community in Dallas.
The build, which will take place on Tuesday, Feb. 22, 2011, coincides with the opening of the MBA’s National Mortgage Servicing Conference & Expo in nearby Grapevine, Texas. The group effort, which will include employee volunteers from First American, the MBA and its member companies, will be led by MBA president and CEO John A. Courson and Lionel Savage, president of First American Title Insurance Company’s Community Fund.
“Mortgage bankers all across this country are dedicated to helping Americans build strong communities, whether through our business practices, or through volunteer work like we are doing today in Dallas,” said Courson. “I am thrilled that our member companies and MBA staff have offered to donate some sweat equity for such a great cause and I am grateful to First American and the Dallas Area Habitat for Humanity for the opportunity to partner with them on this project.”“Our employees are thrilled to give back to the communities in which we do business and the build in Dallas is another great example of that commitment,” said Savage.
MBA and First American are joining on day six of the building project and will be assisting with roofing and siding. The build will begin at 8 a.m. with a safety briefing and will end at 2:30 p.m. Members of the media are invited to observe the project anytime from 8 a.m. until 2:30 p.m., and may schedule an interview opportunity with the MBA and First American officials on site by calling the contact above. The site location address is 3427 Brahma Drive, Dallas, TX 75241.
Dallas Area Habitat for Humanity transforms neighborhoods by engaging families and community partners in creating affordable housing. Since 1986, Dallas Habitat has served more than 800 low-income families using homeownership as an anchor for hope, change and fellowship resulting in an investment of approximately $80 million in 24 neighborhoods of Dallas County that adds $1 million annually to the tax rolls.
The Mortgage Bankers Association (MBA) is the national association representing the real estate finance industry, an industry that employs more than 280,000 people in virtually every community in the country. Headquartered in Washington, D.C., the association works to ensure the continued strength of the nation's residential and commercial real estate markets, to expand homeownership and extend access to affordable housing to all Americans. MBA promotes fair and ethical lending practices and fosters professional excellence among real estate finance employees through a wide range of educational programs and a variety of publications. Its membership of more than 2,200 companies includes all elements of real estate finance: mortgage companies, mortgage brokers, commercial banks, thrifts, Wall Street conduits, life insurance companies and others in the mortgage-lending field. For additional information, visit MBA's website: www.mortgagebankers.org.
About First American
First American Financial Corporation (NYSE: FAF) is a leading provider of title insurance and settlement services to the real estate and mortgage industries, that traces its heritage back to 1889. First American and its affiliated companies also provide title plant management services; title and other real property records and images; valuation products and services; home warranty products; property and casualty insurance; and banking, trust and investment advisory services. With revenues of $4 billion in 2009, the company offers its products and services directly and through its agents and partners in all 50 states and in more than 60 countries. More information about the company can be found at www.firstam.com.