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)
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