Kevin Wall, co-president of First American Title Insurance Co., has abruptly exited his function from the biggest particular person underwriter within the nation, the corporate confirmed.
His departure was first reported by Inside Mortgage Finance. Wall additionally headed up the corporate’s Agent/Lender Group, which consists of the Agency, Mortgage Solutions, Docutech, First American India, Servicemac and Firstfunding companies, his LinkedIn profile famous.
“Kevin Wall has departed the corporate. First American is grateful for his many contributions through the years and needs him all the most effective in his subsequent chapter,” a press release from the corporate mentioned.
First American didn’t present a motive for the change. Sally Tyler, who heads up the Direct Title Group, is the opposite co-president.
In 2013, Wall was employed as the president of First American Mortgage Services, coming to the corporate from the Solutionstar unit of what was then-called Nationstar (now Mr. Cooper).
His LinkedIn profile states that at the moment he was additionally govt vp of FATIC. He grew to become an EVP and group president of FATIC in 2021.
Wall additionally has been a senior vp of enterprise and data providers at Corelogic (not too long ago rebranded as Cotality) and held advertising and marketing, enterprise line operations, and portfolio administration and retention positions at Norwest Financial, Wells Fargo Financial, Centex Home Equity, Saxon Mortgage and Morgan Stanley.
FATIC had a 22.2% market share of title premiums written in 2024, in response to American Land Title Association knowledge, with Old Republic Title and Fidelity National Financial subsequent at 14.3%. (Because FNF additionally operates the No. 4 and No. 7 most prolific underwriters, it’s the largest title holding firm).
Wall’s departure comes simply two months after the CEO of First American Corp., Kenneth DeGiorgio, was fired following his arrest in an incident the place he allegedly choked a person on a cruise ship.
Mark Seaton, who had been chief monetary officer, was named as the brand new CEO on the mum or dad firm.
