First American Title co-president abruptly departs

Kevin Wall, co-president of First American Title Insurance Co., has abruptly exited his role from the largest individual underwriter in the nation, the company confirmed.

His departure was first reported by Inside Mortgage Finance. Wall also headed up the company's Agent/Lender Group, which consists of the Agency, Mortgage Solutions, Docutech, First American India, Servicemac and Firstfunding businesses, his LinkedIn profile noted.

"Kevin Wall has departed the company. First American is grateful for his many contributions over the years and wishes him all the best in his next chapter," a statement from the company said.

First American did not provide a reason for the change. Sally Tyler, who heads up the Direct Title Group, is the other co-president.

In 2013, Wall was hired as the president of First American Mortgage Services, coming to the company from the Solutionstar unit of what was then-called Nationstar (now Mr. Cooper).

His LinkedIn profile states that at that time he was also executive vice president of FATIC. He became an EVP and group president of FATIC in 2021.

Wall also has been a senior vice president of business and information services at Corelogic (recently rebranded as Cotality) and held marketing, business line operations, and portfolio management and retention positions at Norwest Financial, Wells Fargo Financial, Centex Home Equity, Saxon Mortgage and Morgan Stanley.

FATIC had a 22.2% market share of title premiums written in 2024, according to American Land Title Association data, with Old Republic Title and Fidelity National Financial next at 14.3%. (Because FNF also operates the No. 4 and No. 7 most prolific underwriters, it is the largest title holding company).

Wall's departure comes just two months after the CEO of First American Corp., Kenneth DeGiorgio, was fired following his arrest in an incident where he allegedly choked a man on a cruise ship.

Mark Seaton, who had been chief financial officer, was named as the new CEO at the parent company.