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First American Mortgage Solutions Announces New Acquisition

handshakeFirst American Mortgage Solutions, LLC, a subsidiary of First American Financial Corporation, announced its acquisition of Forsythe Appraisals, LLC.

Forsythe Appraisals is an independent residential appraisal company in the U.S, offering comprehensive real estate valuation solutions with nationwide coverage.

The acquisition enhances First American Mortgage Solutions’ existing valuation capabilities, providing lender customers with extensive valuation options aimed at quality, efficiency, and compliance.

“We are delighted to have Forsythe Appraisals join the First American family," said Kevin Wall, President of First American Mortgage Solutions. "With more than 75 years of appraisal expertise and a loyal, blue-chip client base, the addition of Forsythe Appraisals accelerates our efforts to help lenders and appraisers deliver a defect-free mortgage, while providing a superior consumer experience,”

According to First American Mortgage Solutions' announcement, the company can now offer lenders an integrated valuation solution that provides access to staff appraisers nationwide through Forsythe Appraisals and top-quality panel appraisers. This new valuation offering includes software solutions from ACI, fraud detection, loan quality, and compliance analytics supported by First American’s position in real property data coverage. The expanded valuation capabilities broaden First American Mortgage Solutions’ end-to-end offerings and support its commitment to the pursuit of certainty in lending.

Forsythe’s management team, including President and CEO John Forsythe, Senior Director of Customer Development Tim Forsythe, and Chief Appraiser Alan Hummel, will continue to lead those operations.

“Joining the First American family strengthens our ability to provide our customers with continually improving valuation products and services in today’s changing business and regulatory landscape. The Forsythe team will now have access to First American’s industry-leading property data, as well, further enhancing the quality, accuracy and speed of our appraisals,” said John Forsythe. “Our employees will also benefit by being part of a company recognized in 2016 by Fortune magazine as one of the 100 best companies to work for in America.”

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