—New Title Insurance Policy Offers Streamlined Approach to Managing Title Risk and Accelerating Home Equity Loan Closings—

First American Mortgage Solutions LLC, a part of the First American family of companies, today announced the launch of its new equiLite™ policy, a new title insurance solution designed to help lenders manage title risk on home equity lines of credit (HELOCs) and home equity loans through a streamlined one-owner search process. The new title insurance policy expands First American Mortgage Solutions’ equiSolutions™ product suite, providing lenders with greater flexibility to make informed collateral decisions, manage title risk and accelerate loan closings.

“Home equity continues to be an important opportunity for lenders, but there is no one-size-fits-all approach to evaluating collateral and managing title risk,” said Todd McGowan, Ph.D., president of First American Title’s Lender Division. “The addition of equiLite expands the equiSolutions suite, giving lenders access to a broader range of property information and title solutions designed to help them make informed decisions, manage risk and move loans toward closing more efficiently.”

Designed specifically for qualifying home equity and HELOC transactions, the equiLite Policy provides title insurance protection backed by First American Title Insurance Company through a streamlined one-owner search methodology. The approach supports faster fulfillment and closing timelines, while providing a cost-effective alternative for lenders seeking limited title insurance coverage. The equiLite Policy is available for qualifying transactions up to $500,000 in 25 states.

“Home equity lenders need solutions that align with their individual risk tolerance, workflow and business needs,” said Janet Newton, senior vice president of First American Mortgage Solutions. “With equiLite, equiRisk and equiSmart, lenders can select from a spectrum of solutions, from title data-driven property information at the point of sale to streamlined or more comprehensive title insurance protection, helping them balance speed, cost and risk management throughout the home equity lending process.”

The addition of equiLite further broadens First American Mortgage Solutions’ suite of home equity offerings, which provides lenders with a range of options spanning point-of-sale property reports, title insurance, valuation and settlement services, allowing lenders to select the approach that best fits their home equity lending needs.

More information about equiLite and First American Mortgage Solutions’ home equity offerings is available here.

About First American Mortgage Solutions

First American Mortgage Solutions, a part of the First American family of companies, provides integrated, end-to-end solutions across the full mortgage lifecycle for residential lenders and servicers. Together with First American's broader capabilities, First American Mortgage Solutions serves as a single source for origination, post-closing, and servicing, including title, settlement, home equity, valuation and collateral risk, and integrated document generation services. More information about First American Mortgage Solutions can be found at www.firstam.com/mortgagesolutions.

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 $7.5 billion in 2025, the company offers its products and services directly and through its agents throughout the United States and abroad. In 2026, First American was named one of the 100 Best Companies to Work For by Great Place to Work^® and Fortune Magazine for the eleventh consecutive year. More information about the company can be found at www.firstam.com.

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“The addition of equiLite expands the equiSolutions suite, giving lenders access to a broader range of property information and title solutions designed to help them make informed decisions, manage risk and move loans toward closing more efficiently.”