First American Financial Corp (NYSE:FAF)
$ 57.95 0.42 (0.73%) Market Cap: 6.01 Bil Enterprise Value: 6.70 Bil PE Ratio: 27.73 PB Ratio: 1.26 GF Score: 70/100

First American Financial Corp at Barclays Americas Select Franchise Virtual Conference Transcript

May 18, 2021 / 06:00PM GMT
Release Date Price: $65.7 (-1.44%)
Mark C. DeVries
Barclays Bank PLC, Research Division - Director & Senior Research Analyst

Good afternoon. Thank you for joining us. I'm Mark DeVries, Barclays U.S. consumer finance analyst. I'm very pleased to be joined today by the CFO of First American, Mark Seaton. We are going to be doing a fireside chat, so I've got a number of prepared questions for Mark. This is live. So anyone is listening in and has questions for Mark, you can yield them -- email them to me. My e-mail should be on your screen. It's [email protected], or alternatively, you can message me over Bloomberg.

So with that, Mark, why don't we dive into it. Can you just update us on how May volume trends are tracking compared to April's order count? Have you seen refi orders stabilize now that rates have kind of stabilized and the 30-year mortgage rate has even dipped back down kind of sub-3% here?

Questions & Answers

Mark Edward Seaton
First American Financial Corporation - Executive VP & CFO

Yes. Mark, thanks a lot for having us at the conference again.

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