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MortgagePoint » Your Trusted Source for Mortgage Banking and Servicing News 6 January 2025 M T E C H FIRST AMERICAN TITLE EXPANDS ORDER INSIGHTS WITH REAL-TIME FRAUD ALERTS, AGENTNET SERVICES F irst American Title Insurance Company, a provider of title insurance and settlement ser- vices and the largest subsidiary of First American Financial Corporation, an- nounced the launch of Order Insights, a real-time, transaction-based fraud alert system. Available to all First Ameri- can policy-issuing title agents, Order Insights is now included with AgentNet Services, the digital storefront for First American Title's products and services that launched earlier this year. According to the FBI's annual Internet Crime Report, fraud losses in the real estate sector totaled over $145 million in 2023, demonstrating the ongoing difficulty of the sector. Order Insights gives title agents an advantage in lowering fraud risk by utilizing First American's market-leading data assets. Order Insights automatically verifies transaction data as it is input into AgentNet Services, alerts title agents to file inconsistencies, and finds other possible fraud risk indicators. "Order Insights is another example of First American's leadership in the digital transformation of title and set- tlement and our dedication to helping our valued agents protect their clients' transactions and grow their business- es," said Stephen Vincini, President of First American Title's Agency Division. "Dynamic fraud alerts help our agents deliver the certainty and trust needed to power seamless real estate transactions for their clients." Over 130,000 files were protected in November thanks to Order Insights' real-time analysis. Order Insights com- plements the fraud prevention tools, advice, and alerts in AgentNet Knowl- edge, a one-stop shop for industry-lead- ing underwriting expertise. It also lays the groundwork for future expansions of real-time communication and fraud prevention tools. DOMO AND RICHEY MAY PROVIDE MORTGAGE BROKERS ACCESS TO DATA, ANALYTICS, AND INSIGHTS D omo has announced its partnership with advisory and accounting firm Richey May, providing customized data-driv- en insights for its mortgage banking consulting practice. To date, more than 80 mortgage bankers in Richey May's client base have tapped Domo's data and AI platform to gain actionable insights about their business. Richey May, which has over 40 years of experience in the mortgage industry, offers clients in the mortgage and financial services sectors full-service advising and technology consulting. Richey May can customize its strategy to match the specific demands of each customer and provide personalized reports that align with their business objectives thanks to Domo's ex- tensive integrations, low-code, and no-code options, and secure AI models. "One of the superpowers we deliver to our customers is pairing our mortgage industry expertise with technical savvy," said Olivia Reese, Data and Business Intelligence Architect at Richey May. "No longer are mortgage companies constrained to one specialty or the oth- er—the unique language of mortgage or data-driven reporting. With Domo as our data foundation since 2018, we've been able to offer clients a modern analytics approach, and a single place to gain insights to drive decision-making." Richey May uses Domo as an analyt- ics engine in addition to connecting its clients with the platform. This enables the company to broaden its capabilities, including adding industry benchmark- ing in recent years. Richey May can then effortlessly compile and safely send industry reports to its clients using Domo's built-in services, such as Domo Everywhere and Domo Publish, adding another level of value and insights. "One of the superpowers we deliver to our customers is pairing our mortgage industry expertise with technical savvy." —Olivia Reese, Data and Business Intelligence Architect, Richey May