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First American Financial unit acquires residential appraisal company


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First American Financial unit acquires residential appraisal company

First American FinancialCorp.'s subsidiary First American Mortgage Solutions LLC on April 1announced the acquisition of Forsythe Appraisals LLC.

Forsythe Appraisals is an independent residential appraisal companythat offers real estate valuation solutions with coverage throughout the U.S.

First American Mortgage Solutions can now offer lenders an integratedvaluation solution that provides access to staff appraisers through Forsythe Appraisalsand panel appraisers. The new valuation offering includes software solutions fromACI, fraud detection, loan quality and compliance analytics, First American said.

Forsythe Appraisals' management team, including John Forsythe,president and CEO; Tim Forsythe, senior director of customer development; and AlanHummel, chief appraiser, will continue to lead those operations.