INCREASE OF DEFAULTED LOANS

The decision by the Federal Reserve yesterday to cut interest rates by half a percentage point was the first cut of any size in four years. It occurred against the backdrop of a slumping U.S. housing market. As the mortgage servicing industry experiences an increase of defaulted loans, First American Field Services must be prepared to handle this demand. The following link provides additional insight to this trend http://www.msnbc.msn.com/id/20829849/ Director of Vendor Management

NAMFS CONFERENCE

I must say that I was impressed with the participation at this years NAMFS conference. The opportunity to meet and discuss industry trends with our vendor panel was priceless. I personally would to thank all of our Field Representatives for taking the time to meet with us as it is always great when you can place a face with a voice. I would like to once again congratulate our Inspector and Contractor of the Quarter as we ask that you share your successes with the rest of the FAFS Family. Director of Vendor Management