First American Financial Corporation announced the completion of its acquisition of Mother Lode Holding Company, a California-based provider of title insurance, underwriting and escrow services for residential and commercial real estate transactions with 17 operating subsidiaries throughout the U.S., the company announced.
Mother Lode Holding Company, has 92 offices in 11 states including California, Idaho, Montana, Wyoming, Texas, Arizona, Washington and New Mexico. The acquisition will provide enhanced underwriting resources and access to the industry’s largest property and ownership dataset, according to the press release.
In other First American news, the company also announced a new integration with ICE Mortgage Technology’s Encompass platform. The integration will allow automated service ordering through Encompass, enabling lenders to have a more streamlined, automated title and settlement ordering experience.