FirstAm Expands Relocation Biz

Santa Ana, Calif.-based First American Corp. has acquired Certified Closing Network, a provider of customized and outsourced title clearance, equity calculation, and settlement services for clients with residential relocation-related transactions.The terms of the transaction, which closed on Aug. 19, were not disclosed. CCN will become a part of First American Residential Group Inc., a specialty business line established by First American in 2002 to address the service, technology, and outsourcing needs of companies serving the residential real estate and relocation markets. CCN uses a national network of attorneys and title and escrow agents who have developed relocation-related expertise. CCN's service teams will continue to operate out of the company's Bethesda, Md., and Washington, D.C., locations under the direction of managing partners G. Michael Dufour, Jennifer Swanhart Murphy, and John L. Heithaus, First American said. First American can be found on the Web at http://www.firstam.com.