Servicing Specialists

Due to the frequency of flood status changes, a portfolio of acquired or seasoned loans can rapidly become outdated-particularly during FEMA's current map modernization initiative. First American's flexible menu of portfolio review and maintenance services can help keep your portfolio in compliance.

• Customized portfolio assessment. When a client acquires a new portfolio of loans, they may not know the level of flood data accuracy or the compliance status of those loans. In that case, it's wise to invest in a portfolio review and flood risk analysis. Our cost-effective, customizable menu of assessment options allows them to choose the level of analysis and reporting they need.
• Fully guaranteed portfolio update. To give a client full confidence that their portfolio is compliant, we can review all properties in the portfolio, identify those that already have current flood zone determinations, and issue new, guaranteed determinations for the rest. Or, if necessary to meet the requirements of a portfolio sale, we can issue guaranteed First American determinations for the entire portfolio.

From loan closing through payoff, First American is an expert partner in flood risk management. We can build a customized servicing program to help our client's meet regulatory requirements, satisfy their investors and keep their business growing.

You can reach our Portfolio Services Department through our central number 800-447-1772 x8103.