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First American Offers Wildfire Victims Free Replacement Property Deeds

1. FAF provides free property deed replacements for wildfire victims in LA. 2. Access to digital copies aids victims in quickly obtaining important documents. 3. FAF donated $25,000 to LAFD and employees raised another $23,000. 4. Company's commitment reflects long-standing community ties in Southern California. 5. FAF continues digital transformation, enhancing its market position.

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Why Bullish?

Community engagement can enhance brand loyalty and attract clients, potentially boosting stock price.

How important is it?

Community support initiatives can yield positive perceptions and foster stronger customer relationships, boosting FAF's market position.

Why Short Term?

Immediate community response may enhance reputation quickly, influencing short-term investor sentiment.

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SANTA ANA, Calif.--(BUSINESS WIRE)--First American Financial Corporation (NYSE: FAF), a premier provider of title, settlement and risk solutions for real estate transactions and the leader in the digital transformation of its industry, today announced that victims of the recent Los Angeles wildfires can access free replacement property deeds via an online portal launched on Friday, Jan. 31. These important documents, which can take weeks to acquire from the county recorder’s office, can be easily downloaded by fire victims once their identity is verified and a personalized account log-in created at https://owner.firstam.com/socal-wildfires. First American can provide instant access to digital copies of deeds for nearly 99% of residential properties in Los Angeles County. “Stepping up in challenging times reflects our commitment to the communities we serve and call home,” said Ken DeGiorgio, CEO of First American. “First American’s roots in Southern California and the greater Los Angeles area trace back 135 years, so we feel the responsibility to find ways we can help our neighbors, friends and families cope with this tragedy.” First American Steps Up for Wildfire Relief First American has also donated $25,000 to the Los Angeles Fire Department (LAFD) Foundation, which provides much-needed food, basic necessities and additional community services to local residents, as well as important resources for firefighters. Additionally, First American employees have rallied to collectively donate more than $23,000 to the American Red Cross via an employee fundraising drive. About First American First American Financial Corporation (NYSE: FAF) is a premier provider of title, settlement and risk solutions for real estate transactions. With its combination of financial strength and stability built over more than 135 years, innovative proprietary technologies, and unmatched data assets, the company is leading the digital transformation of its industry. First American also provides data products to the title industry and other third parties; valuation products and services; mortgage subservicing; home warranty products; banking, trust and wealth management services; and other related products and services. With total revenue of $6.0 billion in 2023, the company offers its products and services directly and through its agents throughout the United States and abroad. In 2024, First American was named one of the 100 Best Companies to Work For by Great Place to Work® and Fortune Magazine for the ninth consecutive year, and named one of the 100 Best Workplaces for Innovators by Fast Company for the second consecutive year. More information about the company can be found at www.firstam.com.

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