First American Financial Corporation, a provider of title insurance, settlement services and risk solutions for real estate transactions, has announced the acquisition of RedVision Systems, the largest independent national provider of title and real property research.
RedVision, which will now be part of First American’s Data and Mortgage Solutions division, is recognized across the industry for its innovative technology, including its TitleVision2 production platform and Nova, which offers a customizable and scalable solution for title research and production.
“It’s exciting to officially welcome RedVision to the First American family of companies. By connecting First American’s industry-leading title and property data and recorded documents with RedVision’s nationwide technology platform and services, we’re strengthening First American’s ability to deliver superior quality, coverage and operational flexibility to our customers," said George Livermore, executive vice president of First American’s Data and Mortgage Solutions division. “This move will also allow First American’s Data Trace group to leverage RedVision’s real property data to quickly and efficiently build additional digital title plants. RedVision’s innovative workflow and national professional services teams will now have access to Data Trace’s information, allowing RedVision to expand its product offerings and enhance its service levels.”
RedVision CEO Brian Twibell will continue to lead the business, which will continue to operate under its current brand and management team.