First American Financial Corporation, a global provider of title insurance, settlement services and risk solutions for real estate transactions, has completed the acquisition of Interthinx, from Verisk Analytics.
Interthinx, based in Agoura Hills, Calif., provides financial institutions with solutions to mitigate mortgage lending risk. Established in 1996, the company is best known for FraudGUARD, its market-leading mortgage fraud analytics product.
"We are very pleased to welcome Interthinx to the First American family," said Dennis J. Gilmore, chief executive officer of First American Financial Corporation.
"The integration of Interthinx’s analytic services with First American’s title and settlement processes will benefit our lender customers, as they work to meet the demanding loan-quality requirements brought on by recent regulatory changes"
By tightly integrating First American’s title and settlement processes with the analytic services of Interthinx, we’re in a unique position to provide the industry’s most robust loan-quality assurance solution – from application to closing."