First American and Docutech Announce Agreement for First American’s Acquisition of Docutech
Summary
Founded in 1991, Docutech is a respected industry leader that leverages technology to help financial institutions quickly and accurately provide regulatory-compliant loan documents for mortgage and home equity lending. Moreover, it demonstrates our dedication to improving the home-buying experience for consumers and driving the digital transformation of the real estate settlement process,” said Dennis J. Gilmore, chief executive officer at First American Financial Corporation. Together, we will accelerate the evolution of real estate closings.” The acquisition of Docutech and its innovative technology complements First American’s existing capabilities and industry-leading property and homeownership data, advancing First American’s ability to provide lender customers with end-to-end digital mortgage and settlement services. First American Financial Corporation (NYSE: FAF) is a leading provider of title insurance, settlement services and risk solutions for real estate transactions that traces its heritage back to 1889. Docutech’s knowledge and solutions empower lending professionals to efficiently produce accurate loan packages in all 50 states to ensure compliance with constantly changing laws and regulations.