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FAF — First American Financial News Story

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First American Financial dips lower after Pulte comment on title insurance pilots

BUZZ-First American Financial dips lower after Pulte comment on title insurance pilots 

** U.S. title insurance firm First American Financial's FAF.N shares fall 2.4% to $74.66

** Bill Pulte, U.S. Director of Federal Housing, said on Friday that FHFA had also "expanded title insurance pilots to make sure people save on title insurance"

** Elsewhere, U.S. credit reporting agencies lost ground on Friday after Pulte directed Fannie Mae and Freddie Mac to approve all lenders to use the credit-scoring system VantageScore

** 6 of 7 brokerages rate FAF "buy" or higher and 1 "hold"; median PT $85 - data compiled by LSEG

** As of last close, FAF stock up 24.5% YTD


(Reporting by Arasu Kannagi Basil in Bengaluru)

((ArasuKannagi.Basil@thomsonreuters.com;))

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