First American Real Estate Solutions, a member of the First American Corp. family of companies, has launched its Lien Release Information Services, a customized data fulfillment service that provides information complying with mandatory mortgage satisfaction reporting and recording laws. The new service enables First American customers to electronically update mortgage records using information abstracted from grant deeds, deeds of trust, mortgages, assignments, and other premium content compiled by the company in more than 1,370 counties across the country. The service is designed to streamline lien release preparation by matching lenders' files to First American RES's extensive data resources. By appending the company's property information to loan files, the company says lenders can reduce the number of loan files that require data research and realize cost savings. The company's website address is http://www.firstamres.com.
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Agency activity dropped off by 4% in September while non-qualified mortgage issuance was down 18% in the third quarter versus the prior period, BTIG said.
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Developments like the downward swing in total jobs reported Friday, inflation and AI have made nonbank employment more complex and volatile this year.
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Single-family mortgages originated with new scores have been put into private securitizations but these typically have been submitted alongside classic FICOs.
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The collaboration comes after HUD issued several other updates earlier this year aimed at increasing affordability through loosened homebuilding policy.
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Southeast impairments run 150 bps above other regions and alt-doc loans are up 200+ bps since 2025, while DSCR and full-doc improve. Time to review overlays.
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Federal Reserve Gov. Lisa Cook said Thursday that private credit does not seem to pose additional risks to the financial system at the moment, but added that more information about the opaque market is needed.
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